Thursday, October 8, 2009

Marriott sees pricing pressures persisting in 2010

NEW YORK, Oct 8 (Reuters) - Marriott International (MAR.N) posted a lower quarterly profit on Thursday and said pricing pressures would continue to erode margins next year, sending its shares down as much as 5.9 percent.
The forecast overshadowed news that Marriott's third-quarter profit beat analysts' average forecast

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