BETHESDA, Md., May 10, 2024 /PRNewswire/ -- Marriott International, Inc. (Nasdaq: MAR) today announced that its board of directors declared a quarterly cash dividend of 63 cents per share of common stock, which represents a 21 percent increase over the previous quarterly dividend amount of 52 cents per share and reflects the company's earnings growth and strong cash generation. The dividend is payable on June 28, 2024, to shareholders of record as of the close of business on May 24, 2024. Marriott Internati ...

Marriott International saw its revenue per available room (RevPAR) increase 4.2% year-over-year during the first quarter, driven largely by growth in international markets.The hotel chain saw its RevPAR grow 1.5% in the United States and Canada and 11.1% in international markets, according to a Wednesday (May 1) earnings release.“While overall industry RevPAR growth is normalizing post-COVID, we continue to gain RevPAR index across our portfolio and increase our market share of global hotels,” Marriott Pres ...

Marriott International, Inc. (MAR) reported mixed first-quarter 2024 results, with earnings missing the Zacks Consensus Estimate and revenues beating the same. The top and the bottom line increased on a year-over-year basis.During the quarter, the company reported benefits from strong revenue per available room (RevPAR) gains, net rooms growth and an asset-light business model. Also, strong contributions from the group business added to the positives. The company reported strength in The Marriott Bonvoy loy ...

Marriott International, Inc. (NASDAQ:MAR) Q1 2024 Earnings Conference Call May 1, 2024 8:30 AM ET Company Participants Jackie McConagha - Senior Vice President, Investor Relations Tony Capuano - President & Chief Executive Officer Leeny Oberg - Chief Financial Officer & Executive Vice President, Development Conference Call Participants Shaun Kelley - Bank of America Stephen Grambling - Morgan Stanley Joe Greff - JPMorgan Patrick Scholes - Truist Securities Brandt Montour - Barclays Richard Clarke - Bernstei ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _______________________________________ FORM 10-Q _________________________________________________ ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File No. 1-13881 ______________________________ ...

Marriott International (MAR) reported $5.98 billion in revenue for the quarter ended March 2024, representing a year-over-year increase of 6.5%. EPS of $2.13 for the same period compares to $2.09 a year ago.The reported revenue represents a surprise of +0.06% over the Zacks Consensus Estimate of $5.97 billion. With the consensus EPS estimate being $2.17, the EPS surprise was -1.84%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wal ...

NEWS MARRIOTT INTERNATIONAL REPORTS FIRST QUARTER 2024 RESULTS • First quarter 2024 comparable systemwide constant dollar RevPAR increased 4.2 percent worldwide, 1.5 percent in the U.S. & Canada, and 11.1 percent in international markets, compared to the 2023 first quarter; • First quarter reported diluted EPS totaled $1.93, compared to reported diluted EPS of $2.43 in the year-ago quarter. First quarter adjusted diluted EPS totaled $2.13, compared to first quarter 2023 adjusted diluted EPS of $2.09; • Firs ...

Marriott International, Inc. (MAR) is scheduled to release first-quarter 2024 results on May 1, 2024, before the opening bell. In the last reported quarter, the company registered an earnings surprise of 68.4%.The Trend in Estimate RevisionThe Zacks Consensus Estimate for the first-quarter bottom line is pegged at $2.17 per share, indicating growth of 3.8% from $2.09 reported in the year-ago quarter.For revenues, the consensus mark is pegged at nearly $6 billion, suggesting growth of 6.4% from the prior-yea ...

Wall Street analysts expect Marriott International (MAR) to post quarterly earnings of $2.17 per share in its upcoming report, which indicates a year-over-year increase of 3.8%. Revenues are expected to be $5.97 billion, up 6.4% from the year-ago quarter.Over the last 30 days, there has been a downward revision of 0.2% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of thi ...

BETHESDA, Md., April 22, 2024 /PRNewswire/ -- Marriott International, Inc. (Nasdaq: MAR) has verified its near and long-term science-based emissions reduction targets with the Science Based Targets initiative (SBTi). SBTi is a global climate action organization that develops tools that allow businesses to set greenhouse gas (GHG) emissions reduction targets in line with data-driven methodology. Marriott is the largest global hospitality company to receive approval for both near-term and long-term science-ba ...