NEW YORK -- The return of domestic travel in China is driving earnings at top international hotel chains, with Marriott Intercontinental and others reporting almost full recoveries in accommodation spending to pre-pandemic levels in that market.
Travel & Leisure
China domestic travel rebound fuels earnings at Marriott, Hyatt
Hotel revenues recover after end of zero-COVID despite soft international travel
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A Marriott hotel in Hangzhou, China. The world's largest hotel group reported a net income of $757 million in the first quarter, doubling its total from the year before. © Reuters
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