Marriott International's CEO Anthony Capuano reported solid business performance despite recent layoffs of over 800 corporate employees, attributing growth to a strong return of group travel and record hotel signings in China. The company anticipates continued recovery in domestic tourism and inbound travel, with a focus on decentralized decision-making to enhance efficiency. Marriott's loyalty program has expanded to 219 million members, and the company plans to open more hotels in Japan, including a new Four Points Flex by Sheraton.
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