WASHINGTON, Apr 30, 2004 /PRNewswire-FirstCall via COMTEX/ -- Marriott International, Inc. (NYSE: MAR) today announced that its board of directors declared a one cent increase in the company's quarterly dividend, to eight and one half cents per share of common stock.
WASHINGTON, Apr 27, 2004 /PRNewswire-FirstCall via COMTEX/ -- Marriott International, Inc. (NYSE: MAR) has announced that the first Marriott hotel in Victoria, British Columbia, the Victoria Marriott Inner Harbour, opened today. The 236- room property is located at 728 Humboldt Street and is the
WASHINGTON, Apr 27, 2004 /PRNewswire-FirstCall via COMTEX/ -- Marriott International, Inc. (NYSE: MAR) will provide a live audio web cast of its Annual Meeting of Shareholders, which will take place on April 30, 2004, at 10:30 a.m. Eastern Time. To access the web cast on April 30, go to
- Worldwide, Systemwide Comparable Full-Service Revenue Per Available Room (REVPAR) Increased 7.8 Percent for the Calendar First Quarter (January 1 to March 31, 2004) Without the Benefit of Changes in Foreign Exchange Rates - Highlights from the quarter: Highlights from the quarter: * Excluding the earnings contribution from our synthetic fuel operations, first quarter diluted earnings per share (EPS) from continuing operations increased 54 percent to $0.43 compared to $0.28 a year ago. * North American comparable systemwide revenue per available room (REVPAR) for the first fiscal quarter of 2004 (January 3 to March 26), rose 5.4 percent from the prior year. * Marriott's timeshare business more than doubled its results in the first quarter as strong demand for our leading timeshare brands and higher margins improved results. * Marriott added 7,380 hotel rooms and timeshare units during the quarter, bringing the global system to 2,753 hotels and timeshare units (496,920 rooms); Marriott's systemwide rooms are up 5.4 percent from a year ago. * Marriott estimates 2004 full year diluted EPS from continuing operations, including the impact of synthetic fuel, to total $2.24 to $2.34 per share, which reflects growth of approximately 20 percent compared to 2003 results. * Marriott has repurchased 7.4 million shares of common stock year-to- date in 2004 for a total of $328 million, including 6.6 million shares in the first quarter.
WASHINGTON, Apr 2, 2004 /PRNewswire-FirstCall via COMTEX/ -- Marriott International, Inc. (NYSE: MAR) today announced that Cendant Corporation (NYSE: CD) has exercised its option to redeem Marriott's interest in the Two Flags joint venture, which owns the trademarks and licenses for the Ramada and
WASHINGTON, Mar 22, 2004 /PRNewswire-FirstCall via COMTEX/ -- Marriott International, Inc. (NYSE: MAR) will conduct its quarterly earnings review for the investment community and news media on Thursday, April 22 at 10 a.m. Eastern Time (ET). Marriott's 2004 first quarter covers the 12-week time
