Marriott International Inc. Q2 2026 Earnings Release

Marriott International, Inc. reported its financial results for the second quarter ended June 30, 2026. The company saw a 3.4% increase in worldwide RevPAR, with a 5.0% growth in the U.S. & Canada and a 0.5% decline internationally. Diluted EPS was $2.90, and Adjusted diluted EPS was $3.19. Reported net income was $766 million, while Adjusted net income reached $844 million. Adjusted EBITDA was $1,592 million. The company added approximately 17,900 net rooms globally, and its development pipeline reached a record of nearly 4,200 properties and 629,000 rooms. Marriott repurchased 3.0 million shares for $1.1 billion in the quarter. The company raised its full-year RevPAR growth expectation to 3% to 3.5%. The report also detailed changes in various financial metrics compared to the previous year, including increases in franchise and base management fees, partially offset by a decline in owned, leased, and other revenue due to a litigation accrual and lower termination fees. A significant impairment charge was recorded related to a hotel sale. The company provided an updated outlook for the third quarter and full year 2026, projecting continued RevPAR growth and net rooms growth.