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Marriott guidance drags down Hyatt, others

Marriott ($35.76, down 5.05 percent) said it has had robust demand internationally, but North American growth has been lower than expected during the first quarter.

The company expects first-quarter worldwide systemwide revenue per available room a key industry metric to increase 7 percent, at the low end of its 7 to 9 percent guidance. Get the full story »

JW Marriott hotel to open in Burnham’s bank building

JW Marriott will open its first branded hotel in Chicago Nov. 11, a 610-room facility in Daniel Burnham’s Continental & Commercial National Bank Building in the Loop.  Get the full story »