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Marriott quarterly profit jumps about 67 pct

May 8 Marriott International Inc, the world's largest hotel chain, reported a nearly 67 percent rise in its quarterly profit as more people booked its rooms at higher rates.

Net income rose to $365 million, or 94 cents per share, in the first quarter ended March 31, from $219 million, or 85 cents per share, a year earlier.

Total revenue for the company, which owns the Ritz-Carlton and St. Regis luxury hotel brands, rose 47.4 percent to $5.56 billion. (Reporting by Arunima Banerjee in Bengaluru; Editing by Shounak Dasgupta)

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