Marriott raises annual room revenue growth forecast

Marriott International

Mon 12:01

Nov 2 (Reuters) - Hotel operator Marriott International MAR.O raised its full-year room revenue growth forecast on Monday, betting that strong travel demand would drive bookings across its properties.
The Bethesda, Maryland-based company expects 2026 revenue per available room (revPAR) - a key lodging metric that tracks average daily rate and occupancy - to grow between 4.5% and 5%, compared with its prior forecast of a 3% to 3.5% increase.



Marriott outperforms peer Hilton, broader S&P 500 benchmark over the past year https://tmsnrt.rs/4sVzb2h
 (Reporting by Anshuman Tripathy in Bengaluru; Editing by Devika Syamnath)
 ((Anshuman.Tripathy@thomsonreuters.com;))