Marriott projects upbeat RevPAR growth as travel demand stays strong

Marriott forecast two-year annualized global RevPAR growth of 3% to 6% by 2025, as the company expects resilient international travel demand

Oct 3, 2023

A recovery in international travel following the easing of pandemic restrictions has been buoyed by a strong dollar, as well as flexible work arrangements that have encouraged more Americans to fly overseas for leisure and business.

The company in August raised its annual profit outlook as it expected to gain from pricier room rates and sustained demand for travel.

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