Marriott Q3 profit beats expectations as luxury hotels outperform

Marriott International

04/11/2025 12:11

Overview

Marriott Q3 adjusted EPS beats analyst expectations

Company's adjusted net income for Q3 exceeds analyst estimates

Marriott repurchased 3 mln shares for $0.8 bln in Q3

Outlook

Marriott expects full-year 2025 RevPAR growth of 1.5% to 2.5%

Company anticipates net rooms growth approaching 5% for 2025

Marriott plans to return approx. $4 bln to shareholders in 2025

Result Drivers

INTERNATIONAL REVPAR - International markets saw a 2.6% increase in RevPAR, driven by strong performance in APEC regions like Japan, Australia, and Vietnam

LUXURY SEGMENT - Luxury hotels outperformed with a 4% rise in RevPAR due to robust demand and strong rate performance

ROOMS GROWTH - Co added 17,900 net rooms in Q3, contributing to a 4.7% increase in net rooms from Q3 2024

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Adjusted EPS
Beat
$2.47
$2.39 (21 Analysts)
Q3 EPS
$2.67
Q3 Adjusted Net Income
Beat
$674 mln
$649.77 mln (17 Analysts)
Q3 Net Income
$728 mln


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 10 "strong buy" or "buy", 16 "hold" and 1 "sell" or "strong sell"

The average consensus recommendation for the hotels, motels & cruise lines peer group is "buy."

Wall Street's median 12-month price target for Marriott International Inc is $281.00, about 6.1% above its November 3 closing price of $263.89

The stock recently traded at 24 times the next 12-month earnings vs. a P/E of 24 three months ago

Press Release: ID:nPn5TKgBpa

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)