• Marriott moots $5.3bn shareholder return

Marriott International has said it could return between $3.3bn and $5.3bn to shareholders between 2011 and 2013 through dividends and share repurchases.

The company also said it could surpass its 2007 peak earnings by 2013, assuming growth in revpar of between 5% and 9% over the next three years. J.W. Marriott, Jr., chairman and CEO, said: "We are on the threshold of extraordinary growth for our company.  As we look ahead over three years, Marriott is poised to deliver substantial gains in bottom line results, as well as meaningful returns to hotel owners and shareholders."

See the full release here:
http://www.news.marriott.com/

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