Marriott International reported fourth quarter adjusted net income of $121 million--a 31 percent year-over-year decline

. Marriott announced that international occupancy fell 4.1 percentage points to 66.7 percent and average daily rate dropped 1.6 percent to $167.74; North American occupancy fell 5.1 percentage points to 63.9 percent and ADR was down 2.9 percent to $134.56. For the full year of 2009, Marriott expects revenue per available room to drop 8 percent to 13 percent outside North America and 12 percent to 17 percent in North America. However, CFO Arne Sorenson warned, "Looking to the full year there is obviously considerable uncertainty. We are not guiding you toward any particular RevPar or timeshare scenario. Unfortunately, the level of uncertainty is simply too high for us to have much confidence in predicting results."