Marriott (MAR) collaborates with Bain Capital Credit and Omnam Group to open its EDITION branded hotel in Lake Como, Italy.
In this episode of Influencers, Andy is joined by Rosewood Hotel Group CEO, Sonia Cheng, for a discussion about the challenges of hospitality business.
Shares of Marriott International (NASDAQ: MAR) fell 5.6% on Wednesday, closing at $148.17. The major indexes were all up in the morning in anticipation of the announcement by the Federal Reserve Board on interest rates, but after that announcement came, the indexes all plummeted. The Federal Reserve Board meeting was the big news of the day and the board, as expected, raised interest rates by 75 basis points for the third straight time.