The Harris-Biden matchup is ᩚᩚᩚᩚᩚᩚ⁤⁤⁤⁤ᩚ⁤⁤⁤⁤ᩚ⁤⁤⁤⁤ᩚ𒀱ᩚᩚᩚturning Americans into homebodies, according to one hotel chain.

Marriott International (MAR) CFO Kathleen Oberg said the election has curtailed demand to a greater degree than prior election cycles. Marriott has “meaningfully lower” bookings for this week and the next, Oberg said Monday on an earnings call Monday.

“The election impact on U.S. and Canada [revenue per available room] is forecasted to be around negative 300 basis points in November and negative 100 basis points for the quarter, double that of past election cycles,” Oberg said on the call, a transcript of which was made available by AlphaSense. (A 澳洲幸运5官方开奖结果体彩网:basis point is a hundredth of a percentage point.)

Marriott on Monday reported $584 million in profit in the third quarter, down from $752 million a year ago. Diluted earnings per share were $2.07, compared to $2.51 a year prior, the company said. The hotelier’s global revenue per available room, 🍌whic💜h grew 3% year-over-year in the third quarter, is expected to flatten in the fourth, CEO Anthony Capuano said.

Some other travel and hospitality businesses have said demand was down heading into the presidential election, a𒉰s Americans vote and await results in the race between Vice President Kamala Harris andꦕ former President Donald Trump. 

“What happens during a national election is that people tend to stay home,” Avis Budget Group (CAR) President and CEO Joseph Ferraro said during his company's conference call on Monday.