Marriott opens all hotels in China, sees steady U.S. recovery, CEO says

Marriott opens all hotels in China, sees steady U.S. recovery, CEO says Business Reuters Jun 02, 2020 01:06:10 IST (Reuters) – Marriott International has reopened all its hotels in China and is seeing a steady recovery in the United States, its biggest market, Chief Executive Officer Arne Sorenson said on Monday. Shares of the hotel operator, which owns the Ritz-Carlton and St. Regis luxury brands, rose as much as 8.1% to $95.64 in afternoon trading after Sorenson said the occupancy rate in Chin…