Marriott's Second-Quarter Earnings Up 11 Percent

Marriott International is reporting today an 11 percent increase in second-quarter profit driven by strong demand for rooms and rising revene from fees charged to franchisee hotels. The Bethesda hospitality company, which operates nearly 2,900 hotels worldwide, said in a statement that it earned $207 million for the period ended June 15, up from $186 million a year ago. Revenue rose 11 percent to $3.21 billion from $2.89 billion.

By Mike Shepard  |  July 12, 2007; 10:24 AM ET  | Category:  Hospitality , Marriott International Corp.
Previous: The Morning Brief 07.12.07 | Next: Poultry Producer Adding 750 Jobs


Please email us to report offensive comments.

The comments to this entry are closed.

RSS Feed
Subscribe to The Post

© 2010 The Washington Post Company