​”Double That Of Past Election Cycles”: Marriott Says Election Weighing On Hotel Demand  – Tyler Durden

“Double That Of Past Election Cycles”: Marriott Says Election Weighing On Hotel Demand  Shares of Marriott International slumped 2% on Monday after the Bethesda, Maryland-based hotel company slashed its adjusted earnings per share guidance for the full year. The gloomy outlook missed the average analyst estimate tracked by Bloomberg.  During a Monday morning earnings call, Marriott CFO Leeny Oberg told investors that consumers had pulled back on travel this month, citing headwinds around mounting US election uncertainty.   “Fourth quarter REVPAR [revenue per available room] growth in the US and Canada is currently expected to be generally in line with the third quarter with strong…  — Continue at ZeroHedge News : Read More