Maybe the one emerging trend, we are seeing some small amounts of key money being used in some of our newer mid-scale brands as we prove out the value proposition for those brands.
1mo
Marriott International, Inc. 2026 Q2: Financial Performance summary
Financial Performance Summary
- Incentive management fees (IMF) rose 6% to $212 million, with U.S. and Canada strength more than offsetting a meaningful EMEA decline tied to the Middle East.
- Leisure RevPAR rose 5% globally and 7% in the U.S. and Canada; Group RevPAR rose 3% globally and 4% in the U.S. and Canada; business transient RevPAR rose 2% globally and 3% in the U.S. and Canada.
- Owned, leased and other revenue, net of owned/leased/other expenses totaled $49 million versus $78 million a year ago, mainly due to a $27 million property-related litigation accrual and lower termination fees.
- Second quarter adjusted EBITDA increased 13% to $1.59 billion and adjusted diluted EPS increased 20% to $3.19.
- Second quarter global RevPAR rose 3.4%, with U.S. and Canada up 5% (highest quarterly increase in 13 quarters).
- Second quarter total gross fee revenues increased 13% year-over-year to $1.58 billion, supported by higher RevPAR, rooms growth, co-branded credit card fees, and residential branding fees.