Group 1: Company Performance - In Q1 earnings, global RevPAR increased by a little over 4%, with the U.S. and Canada seeing an increase of over 3% and international markets experiencing a rise of over 6% [4] - In April, global RevPAR was up a little over 2%, and when adjusted for holiday timing, it was closer to 3%. International markets benefited from holiday shifts, achieving a 9% increase, while U.S. and Canada saw a decline of less than 1 point, but adjusted for Easter timing, it was up about 2% [5] Group 2: Industry Demand Insights - The demand side experienced a pause in March as the market assessed the macroeconomic situation, but April showed positive signs of recovery [4][5] - The overall sentiment regarding industry demand appears to be cautiously optimistic, with a focus on the longer-term outlook [3]
Marriott International, Inc. (MAR) Morgan Stanley Travel and Leisure Conference Call Transcript