Marriott (MAR) Sees EPS of $7.65 to $8.50 by 2021
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Marriott International Announces Three-Year Growth Plan
March 18, 2019 6:00 AM EDTBETHESDA, Md., March 18, 2019 /PRNewswire/ --Â Marriott International (NASDAQ: MAR) today will present the company's three-year growth plan, which includes opening more than 1,700 hotels around the world, at its meeting with institutional investors and security analysts at the New York Marriott Marquis.
Marriott will outline its plan to add between 275,000 and 295,000 rooms by 2021, supported by the strength of its record 478,000-room pipeline, including roughly 214,000 rooms already under construction. Marriott will disclose that its new room openings during this period could contribute $400 million in fee revenue in 2021 and $700 million annually when... More
