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flag Marriott CEO says business is strong despite layoffs and China revenue drop, citing future growth.

flag Marriott International CEO Anthony Capuano asserts the company's business remains strong despite laying off over 800 corporate employees and an 8% drop in revenue per available room in China, its second-largest market. flag Capuano sees China's domestic demand issues as temporary, noting record hotel signings and strong group travel driving a 6% increase in net room growth and a 2.5% rise in room rates. flag The layoffs aim to shift decision-making to local markets, saving $80 to $90 million annually, without impacting hotel service levels.

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