Earnings call briefSecond-quarter 2026
Marriott International raises 2026 investment spending outlook
The company said contract acquisition costs are now expected to be around 40% to 45% of that total spending.
GetSignal Marriott International MAR
Marriott International said on its second-quarter call that it now expects to return over $4.5 billion to shareholders in 2026.
President and Chief Executive Officer Anthony Capuano said that, by full year 2028, the new U.S. co-branded card deals with JPMorgan Chase and American Express could add between $100 million and $125 million to the company's card fees, at a 26% royalty rate.
Quotes from the call
“We now expect to return over $4.5 billion to shareholders in 2026.”
Key facts from the call
- 2026 investment spending outlook
- $1.25 billion to $1.35 billion, an increase from the previous outlook
- 2026 shareholder returns outlook
- Over $4.5 billion
- 2026 co-branded card fee impact from new U.S. terms
- Increase of approximately $30 million, from a partial year
- 2028 co-branded card fee outlook from new U.S. deals
- Increase of $100 million to $125 million at a 26% royalty rate
Source: Marriott International's second-quarter 2026 earnings call, August 3, 2026.
Written by GetSignal with AI from the company's earnings call.
Not investment advice.
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