Earnings call briefThird-quarter 2026
Marriott International expects fourth-quarter incentive fees to be around flat
Marriott International said it now expects full-year gross fee growth of around 13% and incentive management fees to rise in the high single digits.
GetSignal Marriott International MAR
Executive Vice President and Chief Financial Officer Jen Mason said on the third-quarter call that fourth-quarter adjusted EBITDA is expected to rise 12% to 14%. She also said full-year adjusted EBITDA is expected to rise around 13%, with adjusted diluted EPS growth of 20% to 21%. Marriott International said its preliminary view is that 2027 global RevPAR growth could be 3.5% to 4.5%, while its budget is still in progress.
Quotes from the call
“Our preliminary view is that the 2027 year-over-year global RevPAR growth could be 3.5%-4.5%.”
Key facts from the call
- Expected fourth-quarter global RevPAR growth
- 4.5% to 5%
- Expected full-year 2026 gross fee growth
- Around 13%
- Expected preliminary 2027 global RevPAR growth
- 3.5% to 4.5%
Source: Marriott International's third-quarter 2026 earnings call, November 2, 2026.
Written by GetSignal with AI from the company's earnings call.
Not investment advice.
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