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Marriott posts first quarterly loss in nearly nine years as virus hits bookings

Aug 10 (Reuters) - Hotel operator Marriott International on Monday reported its first quarterly loss in nearly nine years, as extended travel disruption due to the COVID-19 pandemic hammered bookings.

The company’s loss attributable to stockholders was $234 million, or 72 cents per share, in the second quarter ended June 30, compared with net income of $232 million, or 69 cents per share, a year earlier.

Total revenue plunged 72.4% to $1.46 billion. (Reporting by Ashwini Raj and Ankit Ajmera in Bengaluru; Editing by Maju Samuel)

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