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Stock Market & Financial Investment News

News Breaks
March 5, 2014
08:14 EDTMARMarriott repeats FY14 EPS view $2.29-$2.45, consensus $2.41
Repeats FY14 EBITDA view $1.425B-$1.495B. Sees FY14 worldwide RevPAR growth 4%-6%, rooms growth approximately 5%, net. Sees FY investment spending $800M-$1.B, return to shareholders $1.25B-$1.5B. Comments from slides that were presented at the Raymond James Institutional Investors Conference.
News For MAR From The Last 14 Days
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October 1, 2014
13:18 EDTMARChesapeake Lodging acquires JW Marriott San Francisco Union Square
Chesapeake Lodging Trust (CHSP) announced that it has closed on the previously announced acquisition of the JW Marriott San Francisco Union Square for a purchase price of $147.2M, or approximately $437,000 per key. The Trust assumed the existing management agreement with Marriott International (MAR), as well as the existing ground lease covering the property, which expires in 2083.

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