• Strong quarter for Marriott

Marriott delivered third quarter results better than expected, with global revpar up 8.1%. Incentive management fees were up 26% globally, with 51% of company managed hotels earning fees. 

Marriott opened more than 6,800 rooms in the quarter, of which two thirds were in the USA. Guidance for 2015 suggests a softer uplift of 5-7% revpar growth.
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