China Business Returns for Marriott

6/1/20

By Clark Schultz, SeekingAlpha

Marriott International (MAR +7.0%) rallies after CEO Arne Sorenson says the hotel operator has reopened all its hotels in China and is seeing a rush of activity.

"It's not just leisure travel growing, but it is business travel. Chinese are flying again," Sorenson told an online during a presentation today.

Sorenson also pointed to steady improvement for Marriott in the U.S.

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