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Marriott International trims guidance

Aug. 05, 2019 4:36 PM ETMarriott International, Inc. (MAR) StockMARBy: Clark Schultz, SA News Editor
  • Marriott International (NASDAQ:MAR) trades slightly lower after the hotel company guides for full-year fee revenue of $3.82B to $3.85B vs. $3.85B to $3.93B prior view.
  • The company also trimmed its RevPAR guidance, setting an outlook for full-year global RevPAR of +1% to +2% vs. +2% to +3% prior and North America RevPAR growth of +1% to +2% vs. +1% to +3% prior.
  • Shares of Marriott are down 0.35% AH to $129.88.
  • Previously: Marriott EPS in-line, misses on revenue (Aug. 5)

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