Question · Q3 2025
Dan Poulter asked for a deeper dive into Marriott's 2026 global REVPAR growth outlook of 1.5%-2.5%, requesting insights into anticipated trends across leisure, business transient, and group segments, along with any available pacing color.
Answer
CFO Leeny Oberg stated that U.S. REVPAR is expected to be higher in 2026 than 2025, significantly benefiting from the World Cup (contributing 30-35 basis points globally). She noted group pace for 2026 is up 7% globally (8% in the U.S.), and leisure is expected to remain a stronger performer, particularly in upper chain scales. President and CEO Tony Capuano re-emphasized the strength of luxury and upper upscale segments, which comprise 10% and 42% of Marriott's rooms, respectively.
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