Marriott says rising room rates helped boost third-quarter profit

10/6/2010 | Google · Wall Street Journal, The

Marriott International reported a profit for the third quarter, but the hotel giant's results underscored that the rebound in the lodging industry will take time. Marriott serves as a bellwether for the industry, and its results are expected to provide insight into quarterly earnings from Host Hotels & Resorts and Starwood Hotels & Resorts, which will be reported later this month.

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Google · Wall Street Journal, The

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