Budget travel
15% EBIT Dip: Marriott vs Hyatt on Budget Travel
Marriott’s next-quarter EBITDA is expected to fall about 12% as budget travelers cut U.S. itineraries, signaling investors to reassess exposure to the mid-tier segment. The broader economy remains strong, but the cheapest stay market is tightening, and the numbers tell a different story for hotel earnings. Financial Disclaimer: