Marriott CEO Highlights Luxury Spend Offset By Economic Uncertainty, Reduced Government And Business Travel

Marriott International (NASDAQ:MAR) reported its second-quarter fiscal 2025 earnings on Tuesday.

The company’s second-quarter sales reached $6.74 billion, marking a 4.7% year-on-year increase and surpassing the analyst consensus estimate of $6.64 billion.

Marriott’s comparable systemwide constant-dollar revenue per available room (RevPAR) grew 1.5% year-over-year, while actual dollar RevPAR saw a 1.7% increase.

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Performance in the U.S. and Canada was flat, with RevPAR edging down 0.1% in actual dollars, while international markets saw a 5.3% increase (6.1% in actual dollars).

The company added roughly 17,300 net rooms during the quarter, a 4.7% increase from the end of the second quarter of 2024.

Total expenses declined 5% to $5.51 billion, contributing to an adjusted EBITDA of $1.42 billion, up from $1.32 billion a year ago.

Despite a 3.4% rise in operating income to $1.24 billion, the company’s ...