Marriott Outlook Comes Up Short As Middle East Conflicts Drag On Results

Marriott International stock retreated early Monday after the hotel giant provided a worse-than-expected Q3 outlook as wars in the Middle East stifle travel demand. MAR stock was set to fall to the bottom of a consolidation. Marriott International (MAR) on Monday reported a 20% increase in earnings to $3.19 per share adjusted, beating estimates for $3.09 per share. Revenue rose…