Amid a consumer spending shift from goods to experiences, the hospitality market is poised to recover quickly.
Marriott's (MAR) emphasis on expansion of luxury portfolio brands bodes well. However, a decline in RevPAR from pre-pandemic levels is a concern.
Marriott’s new headquarters is part office and part lab. With space for a mock-up hotel room and flexible seating for collaboration, Marriott’s $600 million space is a bet on the physical office. WSJ takes a tour with the project’s leaders to see how it could draw workers back. Photo: Zach Wood for The Wall Street Journal