Hotel operator Marriott International Inc (MAR.N) said on Monday it plans to split into two publicly traded companies by spinning off its timeshare operations into a separate company. Marriott also reported a higher quarterly profit as a strengthening economy enabled more companies to send employees back out on the road to do business. The company reported fourth-quarter net income of $173 million, or 46 cents per share, compared with $106 million, or 28 cents per share, a year earlier.
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