(Reuters) - Marriott, which mostly manages hotels rather than owning them, said net income nearly tripled to $182 million, or 44 cents per share, from $61 million, or 14 cents per share, a year earlier.
Net income in the year-ago quarter was reduced by 25 cents per share due to losses from the cumulative effect of change in accounting principle related to real estate timesharing transactions.
Read more at Reuters.com Market News
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