The number of closed Marriott Hotels in Greater China (which includes Hong Kong, Macau and other connected places) has declined from over 90 a month ago to under 30 today, according to Marriott International CEO Arne Sorenson in an update on the company’s business. While occupancy levels in Greater China are still under 15% today, this is an improvement, and trend lines are pointing in the right direction. However, the picture was much darker elsewhere. In the rest of the world, where the crisis is more recent, the trend lines are still negative, Sorensen said. North America and Europe have seen occupancy levels below 25% over the last few days, compared to around 70% a year ago. The company said it could see further erosion in performance in the weeks ahead and does not expect to see material improvement until there is a sense that the spread of the virus has moderated.