Stock Trading Data: Marriot Reports Stock Share Jumps From .23 to .31
People are traveling again?
Bloomberg Says Marriot Reports 42% Jump in Profit.
Seems the “lodging” industry is on its way to recovery over dismal travel demand from last year’s recession. Smith Travel Research Inc reports the top markets occupancy rose to 62% a 4% increase from last year.
People are tired of staying at home — they are traveling more this year and the lodging industry is reflecting this trend.
Seems the stock has gained 18 percent this year — maybe taking a look at the lodging index might be interesting research …
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