Marriott (MAR) Tops Q1 EPS by 3c
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Marriott International Reports First Quarter 2016 Results
April 27, 2016 4:30 PM EDTBETHESDA, Md., April 27, 2016 /PRNewswire/ --
HIGHLIGHTS
First quarter adjusted diluted EPS totaled $0.87, a 19 percent increase over prior year results; North American comparable systemwide constant dollar RevPAR rose 2.4 percent in the first quarter; On a constant dollar basis, worldwide comparable systemwide RevPAR rose 2.6 percent in the first quarter; The company's adjusted operating income margin increased to 52 percent compared to 48 percent in the year-ago quarter; At the end of the first quarter, the company's worldwide development pipeline increased... More