Marriott raises full-year 2026 global RevPAR growth outlook to 3.0% to 3.5%.
Marriott sees full-year 2026 adjusted EPS of $11.64 to $11.81.
Overview
Global hotel operator's Q2 adjusted EPS beat consensus.
Adjusted net income for Q2 beat analyst expectations.
Company repurchased 3 mln shares for $1.1 bln in Q2.
Key details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Adjusted EPS
Beat
$3.19
$3.09 (19 Analysts)
Q2 EPS
$2.90
Q2 Adjusted Net Income
Beat
$844 mln
$809.08 mln (16 Analysts)
Q2 Net Income
$766 mln
Result drivers
RevPAR performance - Global RevPAR rose 3.4%, with 5% growth in U.S. & Canada offsetting a 0.5% decline in international markets, as headwinds from Middle East conflict weighed on EMEA results.
Fee growth - Franchise and base management fees increased, primarily due to higher co-branded credit card fees, rooms growth and higher RevPAR.