Marriott Q3 Net Income Reaches $794 Million: Global RevPAR Up 6.5%, Development Pipeline Hits Record
BETHESDA, Maryland — Marriott International, Inc. (Nasdaq: MAR) on Nov. 2 reported third-quarter 2026 results. Total revenue rose 8 percent to $7.005 billion. Reported net income totaled $794 million, a 9 percent increase from $728 million a year earlier; reported diluted EPS was $3.04, compared with $2.67 in the year-ago quarter, and adjusted diluted EPS was $3.02, compared with $2.47. Adjusted EBITDA totaled $1,512 million, up 12 percent.
Worldwide comparable systemwide RevPAR increased 6.5 percent, with growth of 7.4 percent in the U.S. and Canada and 4.4 percent in international markets, backed by a 4.8 percent increase in average daily rate and a 1.1-percentage-point improvement in occupancy. Franchise and base management fees totaled $1,341 million, up 13 percent, while incentive management fees rose 22 percent to $181 million.
The company added roughly 20,100 net rooms during the quarter, including over 13,400 in international markets, and net rooms grew 4.6 percent from the end of the third quarter of 2025. At quarter end, Marriott's global system totaled over 10,200 properties with nearly 1,834,000 rooms, and its worldwide development pipeline reached a record 4,209 properties with more than 634,000 rooms, 44 percent of them under construction. Marriott Bonvoy membership reached approximately 309 million worldwide.
Marriott repurchased 3.5 million shares for $1.3 billion in the quarter, and year-to-date through Oct. 28 it had returned approximately $4.0 billion to shareholders through dividends and repurchases, with at least $4.8 billion planned for the full year. The company raised its full-year adjusted EPS guidance to $12.07 to $12.14 and its global RevPAR growth outlook to 4.5 to 5 percent.
President and Chief Executive Officer Anthony Capuano said the excellent third-quarter results reflected continued momentum across the business, the benefits of Marriott's global scale, and the power of its brands and revenue engines, with broad-based RevPAR growth across customer segments and chain scales in the U.S. and Canada.
Source: Marriott International
Published by GSM · USA (original Chinese edition)
Photo: 图：Indianapolis 市中心的万豪酒店（资料图）。照片：IndyTaylor，CC BY-SA 4.0，经 Wikimedia Commons。 / Photo: The Marriott hotel in downtown Indianapolis (file photo). Photo by IndyTaylor, CC BY-SA 4.0, via Wikimedia Commons.
