Amid some recent profit-taking, Starwood’s more bullish adherents say the stock has firepower to spare as the company continues to demonstrate solid leadership. It’s one of the world’s largest hotel companies and is well-positi…
Marriott International (MAR) said that earnings per share could hit $2.75 by 2013.
The estimate is part of a range of ambitious growth forecasts for the next three years. The company said that it expects to add as many as 90,000 hotel rooms to its portfolio from 2011 to 2013, with additional opportunities for 22,000 rooms to open in Europe and Asia over the same time period.
The…
Continue reading Marriott Outlines Growth Goals for Next Three Years
Marriott Outlines Growth Goals for Next Three Years originally appeared on DailyFinance on Thu, 28 Oct 2010 07:29:00.
Filed Under: Company News, Marriott International, Retail
Marriott International (MAR) said that earnings per share could hit $2.75 by 2013.
The estimate is part of a range of ambitious growth forecasts for the next three years. The company said that it expects to add as many as 90,000 hotel rooms to its portfolio from 2011 to 2013, with additional opportunities for 22,000 rooms to open in Europe and Asia over the same time period.
The…
Continue reading Marriott Outlines Growth Goals for Next Three Years
Marriott Outlines Growth Goals for Next Three Years originally appeared on DailyFinance on Thu, 28 Oct 2010 07:29:00.
Filed Under: Company News, Marriott International, Retail
As travel picks up, Marriott International posted a third-quarter profit of $83 million, up from a loss of $466 million in the year-ago quarter. But shares are down after the company forecast that fourth-quarter earnings might …
Some CEOs look as though they’ve never done a day of manual labor in their lives, and Stephen Joyce, the head of Choice Hotels International is one of them. His week in the spotlight of Undercover Boss left him sweaty and distr…