Marriott International ( (MAR) ) has released its Q1 earnings. Here is a breakdown of the information Marriott International presented to its investors.
Marriott International, Inc., a leading global hospitality company, operates a vast portfolio of nearly 9,500 properties across more than 30 brands in 144 countries, offering a range of lodging options including hotels, residences, and timeshares.
In the first quarter of 2025, Marriott International reported a strong financial performance, driven by continued travel demand and the strength of its brands. The company experienced a global RevPAR increase of 4.1%, with international markets seeing a 5.9% rise, and reported a net income of $665 million, marking an 18% increase from the previous year.
Key highlights from the earnings report include a reported diluted EPS of $2.39 and an adjusted diluted EPS of $2.32. The company also added approximately 12,200 net rooms during the quarter, with a 4.6% growth in net rooms year-over-year. Marriott’s development pipeline remains robust, with over 587,000 rooms in progress, and the company repurchased 2.8 million shares of common stock for $0.8 billion.
Strategically, Marriott announced an agreement to acquire the citizenM brand, enhancing its portfolio with an innovative lifestyle lodging option. The company remains focused on expanding its Marriott Bonvoy travel platform and loyalty program, which has grown to nearly 237 million members worldwide.
Looking ahead, Marriott’s management remains optimistic about sustainable long-term growth despite macroeconomic uncertainties, supported by its strong global portfolio and asset-light business model. The company anticipates a net rooms growth approaching 5% for the full year 2025, assuming the citizenM acquisition closes by year-end.