Marriott to open 1,700 hotels, return $11 billion to shareholders by 2021
The company, which plans to hold an investor conference on Monday, expects comparable hotel revenue per available room (RevPAR) growth - a key measure of hotel health - between 1 and 3 percent on an annual basis for the three-year period.
Marriott International Inc mapped out a three-year plan to open more than 1,700 hotels around the world, Photo: Reuters