Marriott International, Inc. reported its financial results for the second quarter and first half of 2026, revealing a notable increase in revenue and profitability compared to the same periods in 2025. For the three months ended June 30, 2026, the company generated total revenues of $7.071 billion, up from $6.744 billion in the prior year, marking a 4.8% increase. Net income for the quarter was $766 million, slightly higher than the $763 million reported in the same quarter last year. Earnings per share (EPS) for the second quarter rose to $2.90, compared to $2.78 in the previous year.

In the first half of 2026, Marriott's total revenues reached $13.725 billion, a 5.5% increase from $13.007 billion in the first half of 2025. Net income for the six-month period was $1.414 billion, down marginally from $1.428 billion in the prior year. The company attributed the revenue growth primarily to increased franchise fees, which rose to $1.023 billion in the second quarter, a 19% increase year-over-year, driven by higher co-branded credit card fees and revenue from franchised properties.

Operationally, Marriott continued to expand its footprint, ending the second quarter with 10,082 properties and 1,813,698 rooms, reflecting a 5% increase in properties and a 4% increase in rooms compared to the previous year. The company reported a significant increase in its development pipeline, with nearly 4,200 properties and approximately 629,000 rooms in various stages of development. This includes over 279,000 rooms currently under construction, indicating a strong commitment to growth, particularly outside the U.S. and Canada.

Marriott's performance metrics showed a mixed picture across its geographic segments. In the U.S. and Canada, revenue per available room (RevPAR) increased by 5.0% in the second quarter, while international RevPAR saw a slight decline of 0.5% due to geopolitical tensions affecting the Middle East and Africa region. The company noted that the ongoing conflict in the Middle East has negatively impacted travel demand, which could continue to affect performance in the near term.

Looking ahead, Marriott expects full-year net room growth to be at the lower end of its previously stated range of 4.5% to 5.0%. The company is also optimistic about the impact of new multi-year agreements with JPMorgan Chase and American Express on its co-branded credit card program, which are anticipated to enhance revenue streams in the future. Despite the challenges posed by external factors, Marriott remains focused on its strategic growth initiatives and maintaining its position in the global hospitality market.

About MARRIOTT INTERNATIONAL INC /MD/

Marriott International is a global hospitality company operating, franchising, and licensing over 9,300 hotels across more than 30 brands. Its core activities include managing lodging properties, offering loyalty programs, and providing brand systems. Serving diverse markets worldwide, Marriott emphasizes guest experience, brand reputation, and franchise partnerships, leveraging a broad portfolio of luxury, premium, and midscale accommodations to generate recurring revenue through management fees, royalties, and licensing.

This description was generated via AI from an annual report. Updated about 1 year ago.

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