Marriott International reported a 7.6% decline in quarterly profits. The Times
The US hotel operator sent a chill through the sector as it cut its earnings forecast on the back of lower timeshare profits and a higher tax rate.
NewRiver’s share price slumped 4.59% on Friday to 270.50p and Bovis Home Group fell 4.58% to 1,147.00p.
Lambert Smith Hampton has appointed Jonathan Thompson as its new regional head of retail to focus on the north of England and Scotland.
House of Fraser’s creditors have given the green light to its company voluntary arrangement (CVA) proposals, which will involve closing 31 of its 59 stores.
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