On Wednesday, the hotel group Marriott International presented a three-year growth plan for its operations in a press release. The company forecasts that earnings per share will grow by 25-29 percent this year.

thereafter, profits are predicted to increase by 10-15 percent per year over the next two years, reaching $11.45 in 2025. Simultaneously, the company expects revenue per available room, RevPAR, to be between 3-6 percent over the next two years.

The company also sees increased revenue growth going forward. Total gross fee income is expected to grow by 16-18 percent this year, and thereafter by 6.5-9.5 percent per year until 2025, when it is expected to reach 5.8 billion dollars.

Source: FinWire