Lodging
The average daily rate at Marriott International properties during the fourth quarter of 2013 increased by 3.1 percent year over year to $144.43,
the company announced on Wednesday.
ADR at North American properties increased by 3.3 percent to $135.99, and ADR
outside of North America increased by 2.5 percent to $183.10. Global occupancy
during the quarter increased by 0.8 percentage points to 68 percent. Marriott's
net income for the quarter was $151 million, down from $181 million during the
fourth quarter of 2012.