Marriott Earnings Reports

Marriott International reported a strong fourth quarter with worldwide RevPAR growth of 5%, driven by both ADR and occupancy gains. Adjusted diluted EPS was $2.45, while reported diluted EPS was $1.63. Net income reached $455 million, with adjusted net income totaling $686 million. Adjusted EBITDA increased 7% year-over-year to $1,286 million.

Marriott International reported a solid third quarter in 2024, with a 3.0 percent increase in global RevPAR. Adjusted EBITDA reached $1,229 million, and adjusted diluted EPS was $2.26. The company added approximately 16,000 net rooms during the quarter and returned $1.0 billion to shareholders through share repurchases.

Marriott International reported strong second-quarter results, with a 4.9 percent increase in worldwide RevPAR and a 6 percent increase in net rooms year over year. The company's adjusted EBITDA reached $1,324 million, and it returned $2.8 billion to shareholders year-to-date through July 29.

Marriott International reported its Q1 2024 results, which included a 4.2% increase in worldwide RevPAR and the addition of approximately 46,000 net rooms, including 37,000 rooms from its agreement with MGM Resorts International. The company's adjusted diluted EPS was $2.13, and it repurchased 4.8 million shares for $1.2 billion during the quarter. Marriott is raising its full year earnings guidance and expects to return between $4.2 billion to $4.4 billion to shareholders in 2024.

Marriott International reported strong fourth-quarter and full-year 2023 results, with a 7.2% increase in worldwide RevPAR. The company added nearly 81,300 rooms globally and achieved record levels of cash generation due to its asset-light business model.

Marriott International reported a strong third quarter in 2023, with significant growth in RevPAR, net income, and adjusted EBITDA. The company raised its full-year RevPAR growth guidance and expects to return substantial capital to shareholders.

Marriott International reported a strong second quarter in 2023, with significant increases in RevPAR worldwide and in international markets. The company's growth strategies, including the addition of new rooms and the strategic licensing agreement with MGM Resorts International, are proving successful. Marriott is raising its full-year rooms growth and earnings guidance, expecting to return $4.1 billion to $4.5 billion to shareholders in 2023.

Marriott International reported a strong first quarter in 2023, with significant increases in RevPAR, net income, and EPS. The company's performance was boosted by the recovery in international markets and solid demand in the U.S. & Canada. Marriott also raised its full-year outlook, reflecting confidence in continued growth.

Marriott International reported a strong fourth quarter in 2022, with comparable systemwide constant dollar RevPAR increasing by 28.8% worldwide compared to Q4 2021. The company's reported diluted EPS was $2.12, and adjusted diluted EPS was $1.96. Net income totaled $673 million, and adjusted EBITDA reached $1,090 million.

Marriott International reported strong third-quarter results, with global RevPAR more than fully recovered, rising nearly 2 percent above 2019 levels. The company's award-winning loyalty program, Marriott Bonvoy, hit 173 million members at the end of September. Bookings across all customer segments remain strong, contributing to the ongoing momentum in the business. The company expects to return more than $2.7 billion to shareholders through dividends and share repurchases for full year 2022.

Marriott International reported outstanding second quarter 2022 results, driven by increased demand across all customer segments and the easing of travel restrictions. Worldwide RevPAR surpassed 2019 levels in June, with a robust average daily rate and occupancy. The company resumed share repurchases and expects to return over $2.2 billion to shareholders in 2022.

Marriott International reported a strong first quarter in 2022 with significant increases in RevPAR worldwide and in the U.S. & Canada. The company's net income increased substantially compared to the previous year, and adjusted EBITDA also saw a significant rise. Marriott reinstated its quarterly cash dividend and anticipates resuming share repurchases.

Marriott International reported a strong fourth quarter in 2021, with significant increases in RevPAR and adjusted EBITDA. The company added over 86,000 rooms globally during the year and expects continued recovery and growth in 2022.

Marriott International reported a significant improvement in global trends for Q3 2021, despite the Delta variant's impact. Worldwide RevPAR was down 26% compared to Q3 2019, a considerable recovery from the previous quarter. The company added approximately 17,500 rooms globally and expects net rooms growth of approximately 3.5% for the year.

Marriott International reported a strong second quarter in 2021, with significant improvements in RevPAR, net income, and adjusted EBITDA compared to the previous year. The company benefited from the ongoing recovery in lodging demand and strategic initiatives to engage with loyal customers.

Marriott International reported a net loss of $11 million and adjusted diluted EPS of $0.10 for the first quarter of 2021. The company added over 23,500 rooms globally and saw RevPAR declines of 46.3 percent worldwide compared to the 2020 first quarter.

Marriott International reported fourth-quarter 2020 results, which were materially impacted by the COVID-19 global pandemic. The company's reported operating loss totaled $128 million, compared to 2019 fourth-quarter reported operating income of $274 million. Adjusted EBITDA totaled $317 million in the fourth quarter, compared to $901 million in the fourth quarter of 2019.

Marriott International reported a significant decline in its third-quarter 2020 results due to the COVID-19 pandemic, but showed continued improvement in demand trends around the world. Worldwide RevPAR declined 66 percent, with Greater China leading the recovery. The company strengthened its liquidity position and realigned its cost structure to manage through the challenging times.

Marriott International reported a net loss of $234 million for Q2 2020, a significant downturn compared to the $232 million net income in Q2 2019. The adjusted EBITDA totaled $61 million, a sharp decrease from the $952 million in the same quarter of the previous year. The company's RevPAR declined significantly worldwide due to the pandemic, but there are steady signs of demand returning, particularly in Greater China.

Marriott International's first quarter 2020 results were severely affected by the COVID-19 pandemic. Worldwide RevPAR declined 22.5%. Reported EPS was $0.09, and adjusted EPS was $0.26. Net income totaled $31 million, and adjusted EBITDA was $442 million. The company added over 14,500 rooms globally and increased net liquidity to approximately $4.3 billion.

Marriott International reported solid fourth quarter 2019 results, with adjusted diluted EPS of $1.57, a 9% increase compared to the year-ago quarter. The company's worldwide development pipeline totaled approximately 515,000 rooms at year-end.