Marriott lifts outlook as US, Canada drives Q3 beat
Marriott reported third-quarter revenue of $7.01 billion, up 8% year over year, and adjusted EPS of $3.02 versus a $2.84 consensus forecast. Adjusted net income rose 17% to $790 million.
Revenues rose 8% year-on-year to $7.01bn in the three months to September, from $6.49bn a year earlier.Adjusted net income climbed 17% to $790m, while adjusted earnings per share jumped 22% to $3.02, ahead of the $2.84 consensus forecast.Worldwide revenue per available room (RevPAR), a key industry…