Marriott International Reports Third Quarter 2026 Results

Franchise and base management fees totaled $1,341 million in the 2026 third quarter, a 13 percent increase compared to franchise and base management fees of $1,190 million in the year-ago quarter.

Key Financial Highlights
- Global RevPAR increased 6.5%, including 7.4% growth in the U.S. & Canada and 4.4% growth internationally.
- Net income reached $794 million, while Adjusted EBITDA totaled $1.51 billion.
- Diluted EPS stood at $3.04.

Continued Growth
- Added approximately 20,100 net rooms during the quarter.
- Global room count grew 4.6% year-on-year to nearly 1.83 million rooms across more than 10,200 properties.

Record Development Pipeline
- Marriott's development pipeline reached a record 4,209 properties and more than 634,000 rooms.
- Around 44% of pipeline rooms are currently under construction.

Marriott Bonvoy Expansion
- Marriott Bonvoy membership increased to approximately 309 million members worldwide.
- Growth was supported by brand strength and partnerships including Uber and Starbucks.

Shareholder Returns
- Marriott repurchased 3.5 million shares for $1.3 billion during the quarter.
- Year-to-date shareholder returns through October 28 totaled approximately $4 billion through dividends and share buybacks.

Outlook
- Following strong third-quarter performance, Marriott raised its full-year 2026 global RevPAR growth forecast to 4.5%-5.0%.
- The company cited continued healthy travel demand and strong development activity.

Key Takeaway
- Marriott delivered robust third-quarter results, driven by strong room demand, expanding global operations, a record development pipeline, and continued growth of its Marriott Bonvoy loyalty programme.