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Marriott International — Aug 3, 2026 release

Fiscal 2026 second-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001048286-26-000033
Open on SEC.gov ↗
Showing in the filing
Global RevPAR growth expectation
“3 to 3.5 percent”
Period
FY2026
Measure
Company-defined measure
Source
Prose
All guidance in this release · 18
Global RevPAR growth expectation for FY2026
“3 to 3.5 percent”
Worldwide RevPAR growth for Q3 FY2026
“3.5% to 4.0%”
Worldwide RevPAR growth for FY2026
“3.0% to 3.5%”
Net rooms growth for FY2026
“Low end of 4.5% to 5%”
Gross fee revenues for Q3 FY2026
“$1,474 to $1,483”
Gross fee revenues for FY2026
“$6,025 to $6,055”
Owned, leased, and other revenue, net of own… for Q3 FY2026
“$30 to $40”
Owned, leased, and other revenue, net of own… for FY2026
“$175 to $185”
General and administrative expenses for Q3 FY2026
“$220 to $210”
General and administrative expenses for FY2026
“$895 to $875”
Adjusted EBITDA for Q3 FY2026
“$1,439 to $1,468”
Adjusted EBITDA for FY2026
“$5,965 to $6,025”
Adjusted EPS – diluted for Q3 FY2026
“$2.74 to $2.82”
Adjusted EPS – diluted for FY2026
“$11.64 to $11.81”
Adjusted effective tax rate for Q3 FY2026
“Approx. 26.7%”
Adjusted effective tax rate for FY2026
“26.0% to 26.5%”
Investment spending for FY2026
“$1,250 to $1,350”
Capital return to shareholders for FY2026
“Over $4,500”
Exhibit 99.1 · the passage around this item
… earlier in the release
APEC RevPAR increased over 5 percent, supported by solid leisure demand and robust intra-regional travel, while Greater China RevPAR increased over 3 percent, driven by strong performance across our luxury portfolio and key markets like Hong Kong, Taiwan and Hainan. With the outperformance in the second quarter and strong broad-based demand generally expected to continue, we are raising our full year expectation to 3 to 3.5 percent global RevPAR growth. “Development activity remained strong, with record global signings in the first six months of the year. Our industry-leading global pipeline grew to approximately 629,000 rooms at quarter-end, up nearly 7 percent from the year-ago quarter. Conversions remained an important driver of growth, representing over a third of signings and 40 percent of openings in the first half of the year. “The Marriott Bonvoy loyalty program, which grew to more than 295 million members at quarter-end, continues to drive demand, deepen member engagement and create value across our global portfolio. We recently executed new long-term agreements for our co-branded credit card program in the U.S. with JPMorgan Chase and American Express. These agreements further strengthen Marriott Bonvoy and deliver incremental value to our hotel owners, our cardholders and loyalty program members, and our shareholders. “With our global scale, powerful portfolio of brands, industry-leading Marriott Bonvoy loyalty program, and dedicated associates, we are well positioned to meet the evolving needs of travelers seeking exceptional stays and memorable experiences. Supported by our robust pipeline and d
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.