Image: Tony Webster / Wikimedia Commons
KST
Marriott International reported second-quarter 2026 results on August 3, with global RevPAR rising 3.4 percent, adjusted diluted EPS reaching $3.19, and adjusted EBITDA climbing 13 percent to $1,592 million. The hotel giant’s worldwide development pipeline hit a record of nearly 4,200 properties and about 629,000 rooms, with 44 percent of pipeline rooms already under construction.
Performance varied sharply by region. The U.S. and Canada led with 5 percent RevPAR growth, while international markets slipped 0.5 percent overall as a 43 percent RevPAR decline in the Middle East offset gains elsewhere. Asia performed strongly, RevPAR in Asia Pacific excluding China rose over 5 percent on robust leisure and intra-regional travel, while Greater China grew more than 3 percent, driven by luxury demand in markets including Hong Kong, Taiwan, and Hainan.
CEO Anthony Capuano attributed the results to strong travel demand and continued development momentum, noting record global signings in the first half of the year. Marriott Bonvoy, the company’s loyalty program, surpassed 295 million members, bolstered by new long-term co-branded credit card agreements with JPMorgan Chase and American Express.
On the strength of the quarter, Marriott raised its full-year global RevPAR growth outlook to 3 to 3.5 percent. The company also returned $1.1 billion to shareholders through share buybacks in the quarter, bringing year-to-date shareholder returns to approximately $2.6 billion. For Asia’s hospitality sector, the results underscore sustained demand resilience even as geopolitical instability disrupts other regions, reinforcing the region’s growing weight in global travel recovery.
