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Marriott International Inc (NASDAQ: MAR) will likely start buying back its shares this year as travel demand is returning to normal after the COVID-19 pandemic

Marriott plans to resume share buybacks on hotel industry's rapid recovery, CEO says

Unlike this time, it took hotel industry almost five years to get pricing power back after 2001 terrorist attacks and 2008 global financial crisis

By Arghyadeep Dutta
Published - May 24, 2022, 03:27 PM ET
Last Updated - Feb 29, 2024, 11:50 AM EST

• Unlike this time, it took hotel industry almost five years to get pricing power back after 2001 terrorist attacks and 2008 global financial crisis

• Marriott’s US business generated April revenues in line with same month in 2019

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