Marriott sees coronavirus hit to Asia Pacific region, warns of lower fee revenue
Share:
(Reuters) - Marriott International Inc said on Wednesday it expects a roughly $25 million hit to its monthly fee revenue, as the hotel operator faces low occupancy rates in the Asia Pacific region due to the coronavirus outbreak.U.S. airlines and hotels are extending options for customers to rebook travel to a growing list of countries, including Italy, as coronavirus cases spike outside of China and spark fears of a global pandemic.Marriott said room additions in 2020 could also be delayed as..