Marriott falls short despite revenue boost

HOTEL chain Marriott International reported a bigger quarterly profit as a more robust global economy boosted demand for lodging yesterday.

The company, which operates the Marriott, Courtyard and Residence Inn brands, reported earnings of $101m (£61.6m), compared with profits of $83m last year.

Revenue per average room rose 6.5 per cent during the quarter, the company said.
But its shares fell as analysts were expecting bigger profits.