World’s New Tallest Hotel to Open in Dubai

World’s New Tallest Hotel to Open in Dubai

World’s New Tallest Hotel to Open in Dubai The Emirate already holds the record for the world’s tallest hotel with the JW Marriott Marquis Dubai will become the home of the world’s new tallest hotel in the coming weeks as the Gevora prepares to opens its doors. The emirate already held the record for the […]

UAE to Become Marriott’s Largest MENA Market on Starwood Deal

UAE to Become Marriott’s Largest MENA Market on Starwood Deal

UAE to Become Marriott’s Largest MENA Market on Starwood Deal $MAR Marriott will become the “number one hospitality operator for Expo 2020,” according to MEA president Alex Kyriakidis The UAE will be newly enlarged Marriott International’s (NYSE:MAR) largest MENA market by 2020 following the merger with Starwood Hotels & Resorts. Speaking at a conference in […]

Hotel News: Marriott International,Inc (NASDAQ:MAR) Reports Strong Results

Hotel News: Marriott International,Inc (NASDAQ:MAR) Reports Strong Results

Second quarter reported diluted EPS totaled $0.96, a 10 percent increase over prior year results. Excluding transition and transaction costs related to the Starwood acquisition, second quarter adjusted diluted EPS totaled $1.03, an 18 percent increase over prior year results;   North American comparable systemwide constant dollar RevPAR rose 3.2 percent in the second quarter.  […]