Corporate ‘steadily improving’, says Marriott

Marriott

Marriott International CFO Leeny Oberg said that the group was selling twice as many business nights as it was in April and May in the US, but was still looking to a vaccine to push demand.

Oberg said that lenders were adopting a “wait and see” approach in Caribbean, Latin America and Europe which was affecting the pace of deals.

Oberg added: “Deals are getting done, but they are taking longer to get done. I don't sense that it's a fundamental view that there's hotel deals not wanting to

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