Thursday, July 12, 2007

UPDATE 1-Marriott earnings rise on higher room rates

(Reuters) - Marriott, which typically manages hotels instead of owning
them, said net income rose to $207 million, or 51 cents per
share, from $186 million, or 43 cents per share, a year
earlier.




On an adjusted basis, which excludes earnings from
Marriott's synthetic fuel business and charges from the
settlement of a tax dispute, the company earned 57 cents a
share.


Read more at Reuters.com Market News

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