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Friday, April 26, 2024

Marriott Posts Another Big Quarter, With $2.6 Billion In Share Buybacks In 2022

Marriott, the world’s largest hospitality company, posted on Tuesday a record fourth quarter in 2022, buoyed by strong worldwide travel demand and higher room rates. Between October and December, the company’s net income totaled $673 million, a 44% increase above the year-ago quarter. Not bad for a …

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