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Marriott Middle East RevPAR decline narrows to 12% in July

Verifying
  • Marriott CEO Anthony Capuano reported a narrower Middle East hotel revenue decline in July.
  • Middle East RevPAR fell 12% year-over-year, versus a 43% second-quarter decline.
  • Marriott expects full-year net room growth near the lower end of its target range.
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Marriott Middle East RevPAR decline narrows to 12% in July - CoinPost Terminal