Hotel operator Marriott International said on Wednesday it expects a key revenue metric for its United States and Canada markets to hit pre-pandemic levels for the rest of the year, as leisure and business travel pick up pace.
Comparable systemwide RevPAR increased 96.5% worldwide but RevPAR in Greater China was down by 6.2%.
Marriott forecast RevPAR, or revenue per available room, for the rest of the year to be "roughly flat" with 2019 levels in the U.S. and Canada. The company also said it expects April RevPAR to have "fully recovered".
