Marriott International has reported its second-quarter 2026 results, marked by 3.4% worldwide RevPAR growth, with a 5.0% increase in the U.S. and Canada partially offset by a 0.5% decline in international markets. These results follow a first quarter 2026 that had already exceeded the Group’s expectations.
Reported net income stood at $766 million, with adjusted net income of $844 million. Adjusted diluted earnings per share reached $3.19, up from $2.65 a year earlier. Adjusted EBITDA came in at $1,592 million, up 13% year-on-year. The Group added approximately 17,900 net rooms during the quarter, bringing net room growth to 4.5% year-on-year.
Anthony Capuano, President and CEO of Marriott International, noted that travel demand remains strong and that the strength of the Group’s brands is supporting sustained development momentum. He explained that the decline in international RevPAR, down more than 5% in EMEA, was driven by a 43% drop in the Middle East, more than offset at the Group level by other international regions. Asia Pacific posted RevPAR growth of more than 5%, driven by leisure demand and intra-regional travel, while Greater China grew by more than 3%, fuelled by strong performance from the luxury portfolio and markets such as Hong Kong, Taiwan and Hainan.
The Group’s global development pipeline reached a new record of nearly 4,200 properties and around 629,000 rooms, with 44% of pipeline rooms under construction. Conversions accounted for more than a third of signings and 40% of openings in the first half. The Marriott Bonvoy loyalty programme now exceeds 295 million members, boosted notably by new long-term agreements with JPMorgan Chase and American Express for the co-branded credit card programme in the United States.
During the quarter, Marriott repurchased 3.0 million shares for $1.1 billion, bringing the total amount returned to shareholders since the start of the year, through dividends and share buybacks, to approximately $2.6 billion. Given this performance, the Group is raising its full-year 2026 worldwide RevPAR growth guidance, now expected between 3% and 3.5%. These results come as Accor also published its H1 2026 results, amid an international environment several major hotel groups have described as mixed.
At a Glance
Marriott International — Q2 2026 Results
AdvertisementWorldwide RevPAR: +3.4% (U.S. & Canada +5.0%; international -0.5%)
Net income: $766M reported / $844M adjusted; diluted EPS: $2.90 reported / $3.19 adjusted
Adjusted EBITDA: $1,592M (+13% YoY)
Net rooms added: ~17,900 in the quarter; net room growth +4.5% YoY
Development pipeline: record ~4,200 properties / ~629,000 rooms, 44% under construction
Marriott Bonvoy: 295M+ members; new US co-branded card agreements with JPMorgan Chase and American Express
Capital returns: $1.1B in Q2 share buybacks; ~$2.6B returned to shareholders YTD
Full-year 2026 outlook: raised to 3-3.5% global RevPAR growth
