Marriott Q3 results grow and full-year RevPAR guidance raised
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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.
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- Hotel Dive FeedMarriott CEO: AI and loyalty program are core to tech upgrade, Bonvoy membership reaches 309 million
Marriott CEO Anthony Capuano said on the Q3 2026 earnings call that AI is changing how travelers discover and book hotels, with the impact currently concentrated mainly in the discovery stage, and the company is focused on populating accurate and rich content on third-party platforms.
- Skift FeedMarriott Q3 total fee revenue rose 14% to $1.52 billion; hotel owners seek larger share
Marriott's third-quarter total fee revenue rose 14% to $1.52 billion. Chief Financial Officer Jen Mason said on Monday's earnings call that co-branded credit card fees are expected to grow more than 30% for the full year. Some hotel owners wrote to Marriott management earlier this year demanding a larger share of loyalty revenue, specifically citing credit card fees. Quarterly net income rose 17% to $790 million, and global RevPAR grew 6.5% year over year, above the company's August guidance of 3.5% to 4%.
- Hotel Dive FeedMarriott Q3 2026 RevPAR Up 6.5% Year Over Year, Full-Year Outlook Raised
Marriott International's global RevPAR grew 6.5% year over year in the third quarter of 2026, with US & Canada up 7.4% and international markets up 4.4%; on this basis the company raised its full-year global RevPAR growth forecast to 4.5% to 5%. In the quarter, leisure, group and business transient RevPAR all grew; the global development pipeline rose more than 6% year over year to a record high of 634,000 rooms, and global net room count grew 4.6% year over year. Marriott Bonvoy membership reached approximately 309 million in the third quarter.
- Business Travel NewsMarriott Q3 business transient and group RevPAR both grow, full-year guidance raised to 4.5% to 5%
Marriott International's Q3 systemwide business transient RevPAR grew 4% year over year, with the U.S. and Canada up 5%; group RevPAR grew 6% globally and 7% in the U.S. and Canada. Systemwide Q3 RevPAR grew 6.5% year over year to $137.91, average daily rate rose 4.8% to $190.33, and occupancy increased 1.1 percentage points to 72.5%. Marriott raised its full-year RevPAR growth forecast from 3% to 3.5% up to 4.5% to 5%.
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