Marriott International Inc’s (NASDAQ:MAR) business is more sensitive to macro pressures than its peers, according to Goldman Sachs.
The Marriott International Analyst: Analyst Lizzie Dove maintained a Neutral rating, while cutting the price target from $286 to $284.
The Marriott International Thesis: Despite the macro remaining choppy, the company reported RevPAR (revenue per available room) growth of 1.5% year-on-year, Dove said in the note.
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However, management lowered their full-year outlook to account …