Lodging
The 2011 fourth-quarter average daily rate at Marriott International properties increased by 3.2 percent year over year in North America
and by 4.5 percent in the rest of the world. Marriott indicated that rates and occupancies were up for "most markets in the world," with further increases expected this year. The company's net income for the quarter was $141 million, down from $173 million in the fourth quarter of 2010.