Marriott publishes Q3 2026 earnings call transcript
MAR•Marriott raised its 2026 global RevPAR growth forecast to 4.5%-5% and reported a 6.5% quarterly increase. Adjusted diluted earnings rose 22% to $3.02 per share, while expected 2026 shareholder capital returns increased to at least $4.8 billion.
1. Quarterly results and outlook
President and CEO Tony Capuano and CFO Jen Mason discussed third-quarter results on November 2. Marriott reported global RevPAR growth of 6.5% and adjusted diluted earnings growth of 22% to $3.02 per share, and raised its 2026 global RevPAR growth forecast to 4.5%-5%, citing stronger demand.
2. 2027 projections
Management's preliminary 2027 outlook projects global RevPAR growth of 3.5%-4.5%, with easier EMEA comparisons expected to offset the World Cup comparison. Full-year 2026 adjusted diluted earnings growth is forecast at 20%-21%, and expected shareholder capital returns increased to at least $4.8 billion.
