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Home » Marriott Confirms Q4 Estimates
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Marriott Confirms Q4 Estimates

By Hotel BusinessJanuary 8, 20011 Min Read
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WASHINGTON DC Marriott International reported today that RevPAR for managed, comparable U.S. hotels across all brands is expected to increase 6.5% to 7.5% in the fourth quarter 2000. RevPAR in 2001 is expected to increase approximately 4%. Although the company has not yet closed its books for 2000, it advised investors that earnings per share in the 2000 fourth quarter is expected to achieve First Call consensus of $0.58. Further, the company continues to expect to earn $2.17 per share in 2001. (1/8/01)

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