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Marriott reports strong Q4 earnings and a surge in Bonvoy app users, but stocks dip as Q1 outlook falls short.
Marriott International reported strong Q4 earnings and a 30% increase in Bonvoy app downloads, adding over 31 million new members.
This growth pushed digital member penetration to historic highs at 73% in the U.S. and 66% globally.
Despite these successes, Marriott's first-quarter earnings are expected to fall short of analyst predictions, leading to a decline in its stock by 5.40%.
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Marriott reporta fuertes ganancias de Q4 y un aumento en los usuarios de aplicaciones de Bonvoy, pero la caída de stocks a medida que las perspectivas de Q1 se quedan cortas.