Acquisition StrategyThe acquisition of citizenM is seen as a complementary brand to MAR's select-service portfolio, bringing in new members to MAR's loyalty system and driving future room growth in new markets.
Financial PerformanceMarriott reported a strong 1Q with an impressive 4.1% RevPAR growth driving a 2% fee revenue beat.
Shareholder ValueMarriott repurchased 2.8 million shares for $800 million, reflecting confidence in its financial strategy and shareholder value.