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

Por: Forbes Life February 14, 2023

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The futuristic Hotel Vela, a W hotel on Barceloneta beach in Spain, is part of Marriott's mammoth portfolio.getty In the fourth quarter of 2022, Marriott’s worldwide revenue per average room (RevPAR) grew 5% compared to the same period in pre-pandemic 2019, driven by a 13% increase in the average daily room rate (ADR). The key metrics of RevPAR and ADR exceeded 2019 levels everywhere except China, which only for visitors in the last days... + full article



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