Revenue segments as reported by the company.

Net Fee Revenues

Owned, leased, and other revenue

Cost reimbursement revenue

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Owned, leased, and other - direct

Depreciation, amortization, and other

General, administrative, and other

Restructuring and merger-related charges

Reimbursed expenses

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

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Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Marriott

Starwood is a subsidiary of Marriott International. It was one of the world's largest hotel companies that owns, operates, franchises and manages hotels, resorts, spas, residences, and vacation ownership properties under its 11 owned brands. As of 1 December 2014, Starwood Hotels and Resorts owned, managed, or franchised over 1,200 properties employing over 180,400 people, of whom approximately 26% were employed in the United States.

Starwood

Ritz-Carlton is an American company that operates the luxury hotel chain known as The Ritz-Carlton. The company has 91 luxury hotels and resorts in 30 countries and territories. The brand was subsequently expanded to other locations. The company is today a subsidiary of Marriott International.

Ritz-Carlton

Marriott International, Inc. engages in the operation and franchise of hotel, residential, and timeshare properties. It operates through the following geography segments: United States and Canada, Europe, Middle East, and Africa, Asia Pacific, and Greater China. Its brands include Marriott Bonvoy, The Ritz-Carlton, Edition, W Hotels Worldwide, The Luxury Collection, and Stregis Hotels and Resorts etc. The company was founded by John Willard Marriott and Alice Sheets Marriott in 1927 and is headquartered in Bethesda, MD.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Marriott reports robust Q4 performance and outlines growth opportunities

Marriott's Q4 2022 showcased strong financial performance, driven by robust leisure and group business demand. The company's strategic focus on ESG initiatives, capital deployment, and technology investments positions it well for future growth. Challenges such as construction impacts and wage pressures require careful management.

Marriott reports stellar Q1 performance, eyes global growth opportunities

Marriott's Q1 2023 earnings call showcased impressive performance with significant RevPAR growth, record fee revenues, and strong loyalty program metrics.
While facing challenges in the financing environment and varying recovery paces, the company is well-positioned to leverage opportunities in key markets and enhance shareholder value.
By focusing on transparency, loyalty program growth, and strategic capital return plans, Marriott demonstrates resilience and adaptability in navigating the evolving hospitality landscape.
The company's emphasis on maintaining financial strength, monitoring distribution channels, and capitalizing on recovery trends positions it for continued success and growth in the future.

Marriott posts record Q2 earnings, eyes international growth opportunities

Marriott's Q2 earnings call showcases strong performance, record revenues, and optimistic outlook for the future. The company's strategic initiatives, including loyalty program growth and new partnerships, position it well for continued success. Challenges in financing and competition require attention, but opportunities in affordable mid-scale offerings and international markets present avenues for growth.

Marriott reports robust Q3 results, eyes experiential travel opportunities

Marriott's Q3 performance reflects strong RevPAR growth and loyalty program success.
While facing challenges in corporate travel recovery and luxury tier rate trends, opportunities lie in experiential travel demand and new consumer segments.
The company's focus on partnerships and digital experiences positions it well for future growth.
Overall, Marriott's commitment to shareholder returns and capital strength underpins its positive outlook.

Marriott reports robust Q4 performance, eyes Asia Pacific growth

Marriott's Q4 2023 showcased strong performance, particularly in RevPAR and group revenues. The company anticipates net rooms growth and global RevPAR rise in 2024, with a focus on capital returns to shareholders. Challenges include financing issues and moderation in select service segment growth.

Marriott posts strong Q1 results, eyes international expansion opportunities

Marriott's Q1 2024 showcased robust financial performance, marked by global RevPAR growth, strong international presence, and increased membership in Marriott Bonvoy.
While facing challenges like fluctuations in business travel and residential branding fees, Marriott is leveraging opportunities in new brand launches and international market expansion.
With a focus on digital transformation and sustainable growth strategies, Marriott remains well-positioned for continued success and revenue generation in the hospitality industry.

Marriott reports robust Q2 performance with global growth and challenges

Marriott's Q2 2024 performance reflects strong global RevPAR growth and revenue increase, driven by international markets.
While facing challenges in Greater China, Marriott's strengths lie in loyalty program engagement, expansion efforts, and financial outlook.
Opportunities for growth exist in Asia Pacific, loyalty program expansion, and continued investment in room development.
Overall, Marriott's financial resilience and strategic initiatives position the company for continued success and growth.

Marriott reports robust Q3 performance amidst global challenges and opportunities

Marriott International's Q3 2024 performance reflects resilience and growth, driven by strong RevPAR increases in key segments and regions, despite challenges in Greater China.
The company's strategic strengths in customer targeting, loyalty program engagement, and global expansion efforts position it well for future growth and market competitiveness.
While facing challenges in certain markets, Marriott's focus on opportunities like loyalty program expansion, portfolio diversification, and market-specific strategies presents avenues for sustained growth.
Overall, Marriott's performance underscores its ability to navigate market complexities, capitalize on strengths, and adapt to evolving industry dynamics to drive long-term success.

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Third quarter 2022 comparable systemwide constant dollar RevPAR increased 36.3 percent worldwide, 28.5 percent in the U.S. & Canada, and 66.1 percent in international markets, compared to the 2021 third quarter;  Third quarter 2022 comparable systemwide constant dollar RevPAR increased 1.8 percent worldwide and 3.5 percent in the U.S. & Canada, while RevPAR declined 2.4 percent in international markets, compared to the 2019 third quarter;  Third quarter reported diluted EPS totaled $1.94, compared to reported diluted EPS of $0.67 in the year-ago quarter.  Third quarter adjusted diluted EPS totaled $1.69, compared to third quarter 2021 adjusted diluted EPS of $0.99; Third quarter reported net income totaled $630 million, compared to reported net income of $220 million in the year-ago quarter.

MARRIOTT INTERNATIONAL REPORTS OUTSTANDING THIRD QUARTER 2022 RESULTS

Marriott International (MAR) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Should You Buy Marriott International (MAR) Ahead of Earnings?

The iconic luxury brand to expand its footprint in Mexico with The St. Regis Costa Mujeres Resort BETHESDA, Md. , Nov. 2, 2022 /PRNewswire/ -- Marriott International, Inc., today announced it has signed an agreement with AB Living to bring the legendary St. Regis brand to Costa Mujeres.

St. Regis Hotels & Resorts to Debut in Costa Mujeres, Mexico

Hyatt Hotels

Marriott is expected to report strong earnings Thursday as pandemic travel recovers. But analysts aren't as hopeful for Hyatt Hotels.

Marriott, Hyatt Hotels Lead Travel Earnings This Week

Marriott's (MAR) third-quarter performance is likely to have benefited from the reopening of international borders, leniency in travel restrictions, unit expansion efforts and hotel conversions.

Marriott (MAR) to Report Q3 Earnings: What's in the Offing?

Albemarle

Expedia

Williams

Exxon Mobil

Five large-cap companies will report third-quarter 2022 earnings within next week. These are: XOM, WMB, ALB, MAR and EXPE.

Top 5 S&P 500 Stocks Poised to Beat on Q3 Earnings

The iconic hotels welcome accomplished hospitality professional Brigette Bienvenu to lead and enhance the Marketing & Sales team at both The Ritz-Carlton, South Beach and The Ritz-Carlton, Bal Harbour. MIAMI , Oct. 27, 2022 /PRNewswire/ -- The Ritz-Carlton, South Beach and The Ritz-Carlton, Bal Harbour are thrilled to announce the appointment of the new Market Director of Sales and Marketing, Brigette Bienvenu.

THE RITZ-CARLTON, SOUTH BEACH AND THE RITZ-CARLTON, BAL HARBOUR WELCOME NEW MARKET DIRECTOR OF SALES AND MARKETINGBRIGETTE BIENVENU

Marriott's (MAR) acquisition of City Express brand portfolio will likely boost its presence in the CALA region by 45% to 486 properties across 37 countries.

Marriott (MAR) Boosts Brand Lineup With City Express Addition

Marriott poised to become the largest hotel company in the Caribbean and Latin America, expanding its presence significantly in secondary and tertiary markets in the region BETHESDA, Md. , Oct. 19, 2022 /PRNewswire/ -- Marriott International (NASDAQ: MAR) announced today that it has reached an agreement with Hoteles City Express, S.A.B.

Marriott International to Acquire City Express Brand to Fuel Growth in Affordable Midscale Segment

Global hotel operator Marriott International (NYSE: MAR) business has been a rollercoaster ride since the pandemic, but business has recovered better than 2019

Should You Make a Reservation in Marriott International Stock?

Illustrating the world-renowned brand's commitment to innovative, groundbreaking luxury travel experiences, Evrima signifies the evolution of the hospitality icon while paving the way for a new era of yacht-style cruising BETHESDA, Md. , Oct. 17, 2022 /PRNewswire/ -- The Ritz-Carlton ® today announced the debut of The Ritz-Carlton Yacht Collection, marking a significant moment for the iconic hospitality brand as it makes its foray into the luxury yachting space.

The Ritz-Carlton Yacht Collection Sets Sail

Travelers can enhance their visit to Puerto Rico with a stay at properties featuring uniquely decorated guestrooms, locally curated in-room amenities and culturally immersive experiences SAN JUAN, Puerto Rico , Oct. 13, 2022 /PRNewswire/ -- Discover Puerto Rico , the Island's Destination Marketing Organization (DMO) and Marriott International have partnered to announce today the launch of Live Boricua Experience Packages that offer immersive rooms, featuring arts, decor, experiences and culinary offerings deeply rooted in the Puerto Rican DNA. Inspired by Discover Puerto Rico's Live Boricua brand campaign, which invites travelers to enjoy things the Boricua - or Puerto Rican - way, these travel packages include lodging and experiences that highlight Puerto Rico's diversified talent and local brands.

DISCOVER PUERTO RICO AND MARRIOTT INTERNATIONAL LAUNCH LIVE BORICUA EXPERIENCE PACKAGES THROUGH THE HOLIDAY SEASON

BETHESDA, Md. , Oct. 13, 2022 /PRNewswire/ -- Marriott International, Inc., (NASDAQ: MAR) will report third quarter 2022 earnings results on Thursday, November 3, 2022, at approximately 6:30 a.m.

Marriott International Announces Release Date for Third Quarter 2022 Earnings

Airbnb

Ashford Hospitality Trust

Apple Hospitality REIT

JPMorgan BetaBuilders MSCI US REIT ETF

Choice Hotels Int.

Chatham Lodging Trust

Direxion Daily Real Estate Bull 3x Shares

Direxion Daily Real Estate Bear 3x Shares

Fidelity MSCI Real Estate ETF

First Trust S&P REIT Index Fund

Hilton Worldwide Holdings

Host Hotels & Resorts

Hersha Hospitality Trust Class A

iShares Cohen & Steers REIT ETF

iShares U.S. Real Estate ETF

Nuveen Real Estate Income Fund

Invesco KBW Premium Yield Equity REIT ETF

Neuberger Berman Real Estate Securities Income Fund Inc

Pebblebrook Hotel Trust

Park Hotels & Resorts

US Diversified Real Estate ETF

Invesco Active US Real Estate

ProShares Short Real Estate

Cohen And Steers Total Return Realty Fund

Cohen & Steers Reit And Preferred Income Fund Inc

Cohen & Steers Quality Income Realty Fund

SPDR Dow Jones REIT ETF

Schwab U.S. REIT ETF

Seven Hills Realty Trust

Sunstone Hotel Investors

Sotherly Hotels

ProShares UltraShort Real Estate

Pacer Funds Trust-Pacer Benchmark Data & Infrastructure Real Estate Sector ETF

Service Properties Trust

ProShares Ultra Real Estate

iShares Core U.S. REIT ETF

Vanguard Real Estate ETF

Virtus Real Asset Income ETF

Xenia Hotels & Resorts

Real Estate Select Sector SPDR Fund

Hotel REITs have held up surprisingly well throughout the recent market turmoil and remain one of the top-performing property sectors this year following a solid summer of operating performance. Several years of pent-up leisure demand from COVID delays helped to offset a slow business travel recovery. STR recently reported that profitability levels were above 2019 levels throughout the summer.

Hotel REITs: Winter Is Coming

Marriott's (MAR) emphasis on expansion of luxury portfolio brands bodes well. However, a decline in RevPAR from pre-pandemic levels is a concern.

Marriott (MAR) Banks on Unit Expansion Efforts, RevPAR Dismal

Amid a consumer spending shift from goods to experiences, the hospitality market is poised to recover quickly.

Which of These Beaten-Down Travel Stocks Is the Better Buy?

After Americans' summer of revenge travel snarled airports and drove record crowds, the next question is whether or not the nascent recovery in business travel will take off. On that front, there's good and bad news.

Hotel Stocks May Be the Best Way to Play Business Travel

Marriott (MAR) collaborates with Bain Capital Credit and Omnam Group to open its EDITION branded hotel in Lake Como, Italy.

Marriott (MAR) Boosts EDITION Line-Up With New Hotel in Italy

Hotel and hospitality industry stocks were sent lower by the Fed's rate hikes.

Why Marriott Stock Was Down 5.6% Today

LAKE COMO, Italy , Sept. 21, 2022 /PRNewswire/ -- Marriott International, Inc., today announced it has signed an agreement with Bain Capital Credit and Omnam Group to bring its EDITION Hotels brand to Lake Como.

Marriott International Signs Agreement with Bain Capital Credit and Omnam Group to Bring EDITION Hotels Brand to Italy's Lake Como

Marriott International Inc believes its new $600 million high-rise headquarters will entice workers to return after more than two years mostly working at home.

Marriott coaxing workers back to office with $600 million building

The 21-story, 785,000-square-foot facility in Bethesda, Maryland will be home to corporate associates supporting over 8,100 hotels in 139 countries and territories BETHESDA, Md. , Sept. 19, 2022 /PRNewswire/ -- After six years of planning, design, and construction, Marriott International has opened its global headquarters in downtown Bethesda, Maryland.

Marriott International Debuts Its New Global Headquarters, Unveiling Technology and Design for an Intuitive Workplace

Some less-than-positive industry news likely sent Marriott shares downward.

Why Marriott Stock Was Trading 4.7% Lower on Friday

Start Time: 08:40 End Time: 09:14 March 1, 0000 ET Bank of America Securities 2022 Gaming & Lodging Conference September 08, 2022, 08:40 AM ET Company Participants Leeny Oberg - CFO and EVP, Business Operations Conference Call Participants Shaun Kelley - Bank of America Operator Hello, everyone. So our next presentation is with Leeny Oberg from Marriott.

News for Marriott Stock (MAR)