Marriott International Exceeds Q2 Expectations with Strong Revenue Growth
Marriott International reported second-quarter results that exceeded expectations, driven by strong revenue per available room (RevPAR) growth and increased fee revenue. Global RevPAR rose 3.4%, gross fee revenue climbed to $1.58 billion—a 13% increase—and adjusted EBITDA reached $1.59 billion, up 13%. The company also raised its full-year outlook for global RevPAR, adjusted EBITDA, and earnings per share (EPS), projecting a return of more than $4.5 billion to shareholders in 2026. Regional performance varied significantly: the U.S. and Canada saw robust growth with a 5% increase in RevPAR, while Middle East tensions led to a sharp decline there—offsetting gains elsewhere internationally. The company's development pipeline reached record levels at approximately 629,000 rooms globally, supporting long-term expansion despite construction delays. Marriott’s CEO highlighted continued strength across luxury and select-service segments in North America, with leisure demand contributing significantly to the results.
Tickers: $MAR
Topics: adjusted EBITDA hotel industry RevPAR growth shareholder returns