)
Overview
<ul>
<li>Hotel chain’s Q4 revenue slightly beat analyst expectations, adjusted EPS missed</li>
<li>Q4 RevPAR increased 1.9% worldwide, with 6.1% growth in international markets</li>
<li>Company returned over $4 bln to shareholders in 2025 through dividends and buybacks</li>
</ul>
Outlook
<ul>
<li>Marriott expects 2026 worldwide RevPAR to rise 1.5% to 2.5%</li>
<li>Company forecasts 2026 net rooms growth of 4.5% to 5%</li>
<li>Marriott anticipates 2026 adjusted EBITDA growth of 8% to 10%</li>
</ul>
Result Drivers
<ul>
<li>INTERNATIONAL REVPAR GROWTH - International markets saw a 6.1% increase in RevPAR, driven by strong leisure and cross-border travel, particularly in EMEA and APEC regions.</li>
<li>LUXURY HOTELS OUTPERFORMANCE - Luxury hotels globally outperformed with over 6% RevPAR growth, contributing to overall positive results.</li>
<li>DEVELOPMENT PIPELINE EXPANSION - Marriott’s development pipeline reached a record with nearly 610,000 rooms, supported by new brand integrations and room additions.</li>
</ul>
Key Details
Metric Beat/Mis Actual Consensu
s s
Estimate
Q4 Slight $6.69 $6.67
Revenue Beat* bln bln (16
Analysts
)
Q4 Miss $2.58 $2.61
Adjusted (21
EPS Analysts
)
<h3>Q4 EPS $1.65</h3>
Q4 Slight $695 mln $698.60
Adjusted Miss* mln (17
Net Analysts
Income )
Q4 Net $445 mln
Income
<h3>Q4 $127.64</h3>
RevPAR
*Applies to a deviation of less than 1%; not applicable for per-share numbers.
Analyst Coverage
<ul>
<li>The current average analyst rating on the shares is “buy” and the breakdown of recommendations is 13 “strong buy” or “buy”, 13 “hold” and 1 “sell” or “strong sell”</li>
<li>The average consensus recommendation for the hotels, motels &amp; cruise lines peer group is “buy”</li>
<li>Wall Street’s median 12-month price target for Marriott International Inc is $325.00, about 1.9% below its February 9 closing price of $331.21</li>
<li>The stock recently traded at 29 times the next 12-month earnings vs. a P/E of 23 three months ago</li>
</ul>
Press Release: For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact . (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

AWAY

BEDZ

Reuters

Marriott International Q4 revenue slightly beats expectations on regional growth