Marriott International Anticipates Growth in Credit Card Fees

Marriott International's shares experienced a significant increase following the company's announcement regarding its expectations for credit card fee growth. Bloomberg posted on X that this anticipated growth is attributed to an increase in the royalty rate charged to branding partners. The company believes that this adjustment will positively impact its financial performance, contributing to a rise in revenue from credit card transactions. Marriott's strategic move aims to enhance its profitability by leveraging its brand partnerships more effectively source: https://www.binance.com/en/square/post/290192094734034?utm_source=BinanceNewsRSS