What's behind Marriott's selling expenses drop in Q4 2024?
3/31/2025 12:22am
Marriott's selling, general, and administrative (SG&A) expenses dropped in Q4 2024 due to several key factors:
1. **Cost-Saving Initiatives**: Marriott implemented cost-saving initiatives aimed at reducing general and administrative costs. These initiatives are expected to yield significant annual reductions starting from 2025.
2. **Streamlining of Operations**: The company focused on enhancing efficiency and effectiveness across its operations, which likely led to a decrease in SG&A expenses.
In conclusion, Marriott's selling expenses drop in Q4 2024 can be attributed to a combination of cost-saving initiatives and streamlining of operations.