1117 ET - Travelers from Mexico and Canada have been cancelling reservations and pulling back on travel plans in light of heightened geopolitical tensions and looming tariffs, but it is too soon to tell whether this downturn will hurt Marriott International's future results, CFO Leeny Oberg says on a call with analysts. She's not too worried, though, as the majority of the U.S. and Canadian market is driven by domestic travels. "We'll see over time, but certainly too early to say and overwhelmingly a very small part of our business in the U.S.," she says. Marriott shares fall 4.7% after its 2025 outlook misses estimates. (connor.hart@wsj.com)
(END) Dow Jones Newswires
February 11, 2025 11:17 ET (16:17 GMT)
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