Marriott International Reports Revenue Growth in First Quarter 2026

Marriott Expands Global Pipeline and Membership Growth in 2026

Marriott International has reported its financial results for the first quarter of 2026, recording growth in revenue, hotel development activity, and global room demand across key markets.

The company said worldwide RevPAR increased by 4.2% during the quarter, supported by gains in both occupancy and average daily rates. In the US and Canada, RevPAR rose by 4%, while international markets recorded a 4.6% increase despite operational challenges linked to the Middle East conflict during March.

Marriott President and Chief Executive Officer Anthony Capuano said the results reflected continued demand for travel, supported by the company’s global brand portfolio and loyalty platform. He added that leisure travel remained a key contributor to growth in several international markets, including Asia Pacific and Greater China.

During the quarter, Marriott recorded franchise and base management fees of US$1.21 billion, a 13% increase from the same period last year. Incentive management fees also rose to US$222 million, supported by growth across North America, Asia Pacific, Greater China, and the Caribbean and Latin America regions.

The company reported operating income of US$1.06 billion for the quarter, while adjusted EBITDA increased by 15% year-on-year to US$1.39 billion. Adjusted diluted earnings per share stood at US$2.72 compared to US$2.32 during the same quarter in 2025.

Marriott added nearly 15,900 net rooms globally during the first quarter, including around 7,500 rooms in international markets. By the end of the quarter, the company’s global portfolio had grown to more than 9,900 properties and nearly 1.8 million rooms worldwide.

The company’s development pipeline reached 4,107 properties with nearly 618,000 rooms, including more than 268,000 rooms currently under construction. More than half of the pipeline remains concentrated in international markets, reflecting continued expansion outside North America.

Marriott Bonvoy membership also continued to expand, reaching nearly 283 million members globally during the quarter. The company said its loyalty platform continues to support customer engagement across hotels, travel experiences, and brand partnerships.

During the quarter, Marriott International repurchased 2.1 million shares for approximately US$700 million and issued new senior notes as part of its ongoing financial strategy.

Looking ahead, Marriott International said it remains focused on long-term expansion through hotel signings, conversions, loyalty growth, and continued development across international markets.

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