Marriott International exceeded Q2 expectations with 13% EBITDA growth and raised its 2026 adjusted EPS outlook to 16%-18%.
Marriott International reported stronger-than-expected second-quarter results, with global RevPAR rising 3.4% and adjusted EBITDA climbing 13% to $1.59 billion. Adjusted EPS surged 20% to $3.19, while gross fee revenue increased 13% to $1.58 billion.
The company raised its 2026 outlook, projecting global RevPAR growth of 3% to 3.5% and adjusted EBITDA between $5.97 billion and $6.03 billion. It also plans to return over $4.5 billion to shareholders. U.S. and Canada RevPAR rose 5%, though Middle East conflict and construction delays weighed on international performance.
Marriott’s development pipeline reached a record 629,000 rooms, with its global system surpassing 1.8 million rooms across more than 10,000 properties.