Sept. 18 (Bloomberg) — Marriott International Inc., the
world’s largest hotel operator, has battled back against online
travel agents such as Expedia.com to become the eighth-biggest
Internet retailer by sales. That’s one reason the stock may rise
over the next year even after a 10 percent tumble this year.
Through Marriott.com, the Bethesda, Maryland-based lodging
company sold $3.7 billion worth of rooms in 2006, more than
doubling revenue from the site in 2004. For the first half of
2007, Web sales for Marriott hotels, which range from luxury
Ritz-Carltons to lower-priced Fairfield Inns, were up almost 25
Link: Bloomberg.com: U.S..