Marriott posts $179M profit on higher occupancy

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Hotel giant Marriott says second-quarter earnings rose as business and leisure travelers continue to book hotel rooms and pay slightly more for them. The company, based in Bethesda, Md., said Wednesday that it earned $179 million, or 57 cents a share, in the three-month period ended June 30. That’s up from $143 million, or 42 cents per share, a year ago. A change in the company’s fiscal year meant seven extra days in the quarter this year compared to last year. Revenue at Marriott International ...

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