Marriott International, Inc. (NASDAQ: MAR) on Tuesday reported an increase in adjusted earnings for the fourth quarter ended December 31, 2025. The hotel operator also issued guidance for fiscal 2026.
- Total revenues rose to $6.69 billion in the fourth quarter from $6.43 billion in the prior-year quarter
- Revenue Per Available Room increased 1.9% worldwide, with 6.1% growth in international markets
- Earnings, on a reported basis, increased to $1.65 per share in Q4 from $1.63 per share in the year-ago quarter
- Net income, on an unadjusted basis, came in at $445 million, down 2% from the prior-year quarter
- Adjusted net income moved up to $695 million in the fourth quarter from $686 million last year
- On a per-share basis, adjusted earnings were $2.58 in Q4, vs. $2.45 in the year-ago quarter
- For fiscal 2026, management expects adjusted net income to be in the range of $2.99 billion to $3.05 billion
- Full-year adjusted EBITDA is expected to be between $5.84 billion and $5.93 billion