Marriott calls the bottom

Marriott aloft

Marriott International said that April had “defined the bottom” and that the group was now seeing more hotels opening than closing.

President & CEO Arne Sorenson added that, despite the comparative strength of select service brands during the pandemic, it would “not trade Marriott’s model”.

Sorenson said: “We would not trade Marriott’s model for being purely in the lower segments. There might be a different risk profile but there’s also a different upside.” He added that,

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