Marriott’s Q4 Slows as Government Travel Falls, Luxury Stays Resilient
A prolonged U.S. government shutdown weighed on Marriott’s fourth-quarter results, but strong leisure and luxury demand helped offset the decline in business travel.
A prolonged U.S. government shutdown weighed on Marriott’s fourth-quarter results, but strong leisure and luxury demand helped offset the decline in business travel.
Marriott International and Al Qimmah Hospitality have signed five new hotel projects in Saudi Arabia, adding more than 2,700 rooms across Jeddah, Makkah, and Madinah as tourism demand accelerates.
Marriott International will open its first EDITION-branded hotel in Africa in 2026, introducing the luxury lifestyle concept to Cape Town’s iconic V&A Waterfront.