Marriott International Inc. said demand for business and leisure travel continued to grow in the holiday quarter despite a setback from the spread of the Omicron variant.
Marriott, whose portfolio encompasses nearly 8,000 properties worldwide, said Tuesday that its quarterly revenue more than doubled to $4.45 billion from a year earlier, when Covid-19 cases were surging and health officials warned against travel.
"Weekly bookings around the end of last year were impacted by Omicron, but they have recovered since the trough in early January," chief executive Anthony Capuano said on a conference call with analysts.
