Middle East Conflict Hits Marriott Hard, But Hotel Giant Still Raises Outlook
Marriott International Inc. (NASDAQ: MAR ) stock fell Monday after the hotel operator reported second-quarter 2026 results. Investors looked past an adjusted earnings beat and higher full-year guidance as revenue missed Wall Street estimates and third-quarter earnings guidance came in below expectations. Earnings Beat, Revenue Misses Adjusted earnings were $3.19 per share, up from $2.65 a year earlier and above the analyst estimate of $3.09. Revenue increased 5% year over year to $7.07 billion but missed the consensus estimate of $7.20 billion. Reported diluted earnings per share rose to $2.90 from $2.78. Net income totaled $766 million, while adjusted net income increased 16% to $844 million. Adjusted EBITDA rose 13% to $1.59 billion. Adjusted operating income climbed 12% to $1.33 billion, with the adjusted operating margin expanding to 66% from 65% a year ago. Reported operating inc...
Marriott International Inc. (NASDAQ: MAR ) stock fell Monday after the hotel operator reported second-quarter 2026 results. Investors looked past an adjusted earnings beat and higher full-year guidance as revenue missed Wall Street estimates and third-quarter earnings guidance came in below expectations. 09.
20 billion. 78. Net income totaled $766 million, while adjusted net income increased 16% to $844 million. 59 billion.
33 billion, with the adjusted operating margin expanding to 66% from 65% a year ago. 23 billion. 58 billion. 37 billion, while incentive management fees increased 6% to $212 million.
S. S. and Canada. 5% as weakness tied to the Middle East conflict offset gains in other regions.
RevPAR in Europe, the Middle East and Africa fell more than 5%, including a 43% decline in the Middle East. Asia-Pacific excluding China posted more than 5% growth, while Greater China RevPAR increased more than 3%. S. and Canada.
814 million rooms worldwide. Its development pipeline grew nearly 7% to a record 4,186 properties, representing about 629,000 rooms, including more than 279,000 rooms under construction. Conversions accounted for more than one-third of room signings and 40% of first-half openings. Marriott Bonvoy membership exceeded 295 million.
S. co-branded credit card agreements with JPMorgan Chase and American Express. S. and Canada region.
9 billion in total debt. 87. 63. 64.
5% to 5% target range. 80 at the time of publication on Monday, according to Pro data. Image via Shutterstock Read Also: Hyatt Hotels Q2 Earnings Beat Wall Street Estimates, Full-Year Outlook Maintained