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%.

6 weeks ago
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