Overview

• Second-quarter sales climbed 4.7% year-on-year to $6.74 billion, with reported net income of $763 million and adjusted EPS of $2.65.
• Global RevPAR increased 1.5%, driven by a 5.3% gain in international markets while U.S. and Canada results held flat.
• The company added 17,300 net rooms and reached a record development pipeline of roughly 3,900 properties totaling over 590,000 rooms.
• Marriott expanded its brand portfolio with the launch of Series by Marriott™ and the acquisition of the lifestyle operator citizenM.
• Year to date the company has returned $2.1 billion to shareholders and set full-year adjusted EPS guidance at $9.85–$10.08 with Q3 expected at $2.31–$2.39.