Marriott: Large Cos. Lag SMEs Amid Q1 Corp. Travel Recovery

Marriott International’s first-quarter U.S. business transient demand gained momentum, with March recovery having a notable uptick, the company reported Wednesday during an earnings call. Marriott’s small- and medium-sized clients recovered to full travel volumes compared to first quarter 2019, according to CEO Anthony Capuano, but larger clients continued to lag.