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Marriott posts bigger-than-expected loss

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U.S. hotel operator Marriott International reported a bigger-than-expected quarterly loss as the coronavirus pandemic continued to harm the travel industry.

The company posted an adjusted net loss of 64 cents per share. Analysts were predicting a loss of 42 cents per share.

Revenue fell 72% to nearly $1.5 billion.

Read more from CNBC.

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