Marriott Q3 results grow and full-year RevPAR guidance raised

On November 2, 2026, Marriott International announced its Q3 2026 results: systemwide RevPAR rose 6.5% year over year to $137.91, ADR rose 4.8% to $190.33, and occupancy rose 1.1 percentage points to 72.5%; business transient RevPAR grew 4% globally and 5% in the U.S. & Canada, while group RevPAR grew 6% globally and 7% in the U.S. & Canada. Another report the same day said U.S. & Canada RevPAR rose 7.4% for the quarter and international markets rose 4.4%, the global development pipeline grew more than 6% year over year to 634,000 rooms, net rooms grew 4.6% year over year, and Bonvoy members numbered about 309 million. Marriott raised its full-year RevPAR growth forecast to 4.5% to 5% from 3% to 3.5%. A November 3 report said total fee revenue rose 14% to $1.52 billion for the quarter, net income rose 17% to $790 million, and the CFO said co-branded credit card fees are expected to grow more than 30% for the full year; some hotel owners had previously written to Marriott requesting a larger share of loyalty revenue. Regarding the comparison base for Q3 RevPAR, an earlier report said the company's August guidance was 3.5% to 4%, while a later report said the guidance was 3% to 3.5%. A November 5 report said CEO Capuano stated on the earnings call that AI is changing the way travelers discover and book hotels, with the impact currently concentrated in the discovery stage, and the company is focusing on filling third-party platforms with accurate and rich content.