Core Insights - The Ritz-Carlton has launched a collaboration with Kilometre Paris to create a limited-edition capsule collection inspired by its iconic coastal resorts, featuring handcrafted travel pieces such as beach totes, bucket bags, and bandanas [1][2] - A portion of the proceeds from the collection will support Community Footprints, The Ritz-Carlton's global social and environmental responsibility platform, benefiting local communities around the participating resorts [1] - The collection emphasizes craftsmanship and storytelling, with each piece designed to capture the essence of its destination, allowing guests to carry memories of their travels [1] Company Overview - The Ritz-Carlton Hotel Company operates 125 hotels in over 35 countries, focusing on delivering high-quality service and transformative travel experiences [1] - The company is committed to innovation and has introduced brand extensions such as Ritz-Carlton Reserve and The Ritz-Carlton Yacht Collection, enhancing its luxury offerings [1] Kilometre Paris Overview - Kilometre Paris is a luxury fashion brand known for its travel-inspired, handmade apparel and accessories, emphasizing ethical production and artisanal craftsmanship [2] - The brand combines traditional techniques with modern sustainability, offering unique pieces that reflect cultural respect and artisan empowerment [2]

Marriott International (NasdaqGS:MAR) Q4 2025 Earnings call February 10, 2026 08:30 AM ET Company ParticipantsAnthony Capuano - CEOJackie Burka McConagha - SVP of Investor RelationsLeeny Oberg - CFORichard Clarke - Managing DirectorStephen Grambling - Managing Director and the Head of U.S. Gaming, Lodging, and Leisure ResearchConference Call ParticipantsAri Klein - Director and Equity Research AnalystBrandt Montour - Director and Senior Equity Research AnalystConor Cunningham - Director and Senior Equity Re ...

Marriott International (NasdaqGS:MAR) Q4 2025 Earnings call February 10, 2026 08:30 AM ET Speaker8Please note that this call is being recorded, and we're standing by should you need any assistance. It is now my pleasure to turn the meeting over to Jackie McConagha, Senior Vice President of Investor Relations. Please go ahead, ma'am.Speaker5Good morning, everyone, and welcome to Marriott's fourth quarter 2025 earnings call. On the call with me today are Tony Capuano, our President and Chief Executive Officer ...

Marriott International Reports Fourth Quarter and Full Year 2025 Results [Accessibility Statement] Skip Navigation- For full year 2026, we expect worldwide RevPAR to rise 1.5 to 2.5 percent, net rooms growth of 4.5 to 5 percent, adjusted EBITDA2 growth of 8 to 10 percent and more than $4.3 billion of capital returns to shareholders- The company returned over $4.0 billion to shareholders through dividends and share repurchases in 2025- At the end of the year, Marriott's worldwide development pipeline reached ...

Core Insights - Marriott International, Inc. (MAR) is expected to report fourth-quarter 2025 results on February 10, 2026, with a history of beating earnings estimates in the past four quarters, averaging a surprise of 2% [1][10] Earnings Estimates - The Zacks Consensus Estimate for fourth-quarter earnings per share (EPS) is $2.64, reflecting a growth of 7.8% from $2.45 in the same quarter last year [2] - Revenue estimates are set at approximately $6.68 billion, indicating a rise of 3.9% compared to the previous year's quarter [2] Factors Influencing Q4 Performance - The fourth-quarter performance is anticipated to benefit from a recovery in global demand, improved RevPAR trends, and strong performance in higher-end chain scales, with international markets expected to outperform the U.S. and Canada [3] - Resilient leisure demand at luxury and premium properties, along with stabilizing business transient trends, is likely to support top-line performance, with Owned, Leased and Other revenues predicted to increase by 0.8% year over year to $421.3 million [4] International Operations and Fee-Driven Model - An emphasis on international operations is expected to enhance performance, particularly in APEC and EMEA regions, supported by favorable macro conditions and improving cross-border travel [5] - The fee-driven business model is projected to bolster earnings, with Franchise Fees and Incentive Management Fees expected to rise by 4.8% and 1.2% year over year to $832.9 million and $208.4 million, respectively [6] Margin Pressures - Investments in technology transformation and increased spending on owned and leased properties may exert margin pressure during the quarter [7] - Softer growth in incentive management fees, due to renovation-related disruptions and lower contributions from Asia, may also impact profitability [7] Earnings Prediction - The model predicts an earnings beat for Marriott, supported by a positive Earnings ESP of +1.00% and a Zacks Rank of 3 (Hold) [10]

Core Insights - Marriott International achieved significant growth in 2025, characterized by new brand offerings, expansion in midscale and luxury segments, and record growth in branded residences [1][2]. Growth and Expansion - The company grew net rooms by over 4.3% in 2025, adding over 700 properties and nearly 100,000 rooms, with more than 630 properties added through organic deals [2]. - Marriott ended the year with approximately 610,000 rooms in the pipeline, a 5.7% year-over-year increase, and signed nearly 1,200 organic deals globally, totaling 163,000 rooms [3]. - The Caribbean and Latin America region saw a record 94 deals signed, while the Asia Pacific excluding China region had 187 deals, and Greater China had 201 deals [3]. Brand Development - Marriott introduced several new brands in 2025, including the acquisition of the citizenM brand, adding over 35 hotels and nearly 9,000 rooms [5]. - The Series by Marriott brand was launched, with 37 properties (approximately 2,600 rooms) opened in India and 13 agreements signed for expansion in the U.S. and Canada [6]. - The Outdoor Collection by Marriott Bonvoy was launched, ending the year with over 30 open properties [7]. Midscale Segment Growth - Marriott's midscale segment saw extraordinary growth, with three brands now offering midscale options, totaling 216 open properties (approximately 27,000 rooms) and over 250 properties in the pipeline, representing over 50% year-over-year growth [8]. - City Express by Marriott ended the year with 158 open properties and 150 in the pipeline, expanding into new markets including Brazil and El Salvador [9]. - StudioRes had 4 open properties and 85 in the pipeline, while Four Points Flex by Sheraton closed the year with 54 open properties and 22 in the pipeline [11]. Luxury Segment Expansion - Marriott reinforced its luxury portfolio with a record-breaking 114 luxury deals (15,301 rooms), representing nearly 10% of the company's organic signings [12]. - The company closed the year with 296 hotels and resorts (approximately 60,000 rooms) in the luxury pipeline, with EMEA being the highest growth region for luxury [13]. - Notable luxury openings included The Lake Como EDITION and W Punta Cana, along with the opening of 10 luxury resorts, representing 1,400 rooms [14]. Branded Residences Growth - Marriott signed a record-breaking 55 residential deals, a 50% year-over-year increase, closing the year with 149 open locations and 175 in the pipeline [16]. - The growth in branded residences reflects sustained demand for luxury living experiences and the value proposition for developers [16].

Core Insights - Marriott International has been named one of Fortune's World's Most Admired Companies, ranking number one in the Hotels, Casinos, and Resorts category and number 14 overall [1][2] Group 1: Recognition and Awards - The company has appeared on Fortune's Most Admired Companies' list since its inception in 1998, highlighting its consistent performance and reputation in the industry [1] - Recent accolades include being named to Fortune and Great Place to Work's 100 Best Companies to Work For in 2025, reflecting the company's strong workplace culture [3] Group 2: Employee Development and Retention - Marriott's Elevate program, designed for frontline associates, has resulted in a 25% higher retention rate and participants being 5.5 times more likely to be promoted compared to non-participants [3] Group 3: Community Engagement - The company has surpassed its goal of 15 million cumulative volunteer hours globally since 2016, achieving this milestone ahead of schedule and setting a new goal of contributing an additional 15 million hours by 2030 [4] Group 4: Company Overview - As of September 30, 2025, Marriott operates over 9,700 properties across more than 30 brands in 143 countries and territories, showcasing its extensive global presence [5]

Core Viewpoint - Marriott International announced the passing of Donna Rae Garff Marriott, highlighting her legacy of grace, faith, and devotion to family, and her impact on the lives of many [1][4]. Group 1: Personal Life and Legacy - Donna Marriott was born on June 10, 1935, in Evanston, Illinois, and grew up in Salt Lake City, Utah, where she developed a passion for music and dance [1]. - She married Bill Marriott in 1955, and they celebrated their 70th wedding anniversary shortly before her passing [1]. - Donna was dedicated to her family, raising four children and instilling values of kindness, patience, and integrity [2]. Group 2: Community and Faith Involvement - Faith was a cornerstone of Donna's life, as she was a dedicated member of the Church of Jesus Christ of Latter-day Saints, serving in various leadership roles [3]. - She chaired the American Heart Association's Heart Luncheon in Washington, D.C., contributing to one of the organization's largest fundraisers [3]. Group 3: Family and Survivors - Donna is survived by her husband Bill, four children, 15 grandchildren, and 36 great-grandchildren, along with extended family members [4]. - She was preceded in death by her son Stephen and other family members [4]. Group 4: Company Information - Marriott International, Inc. is based in Bethesda, Maryland, and operates over 9,700 properties across more than 30 brands in 143 countries and territories as of September 30, 2025 [5]. - The company offers a travel platform called Marriott Bonvoy, which is highly awarded [5].

Industry Overview - The U.S. hotel industry is transitioning to a more normalized demand environment by 2026, with stabilized travel activity following years of volatility [2] - The industry is experiencing stable occupancy trends, modest revenue growth driven by rates, and uneven regional performance, while cautious corporate travel patterns impact near-term momentum [2] - The Zacks Hotels and Motels industry has declined by 0.7% over the past year, underperforming the S&P 500's 19.3% increase, indicating a selective and margin-focused operating environment [3] Marriott International - Marriott's positioning for 2026 is supported by its unmatched global scale, premium brand portfolio, and the strength of its loyalty program, Marriott Bonvoy, which drives demand and earnings [6] - The company has a record development pipeline, with strong global signings and conversion activity, enhancing capital efficiency and expanding high-margin fee streams [7] - Marriott's RevPAR growth is expected to stabilize, with sales and EPS estimates for 2026 suggesting increases of 6.2% and 13.5%, respectively, from the previous year [9] Hilton Worldwide - Hilton's strategy for 2026 is characterized by its asset-light model, strong free cash flow generation, and industry-leading net unit growth, despite near-term RevPAR trends being uneven [13] - The company is focused on development-led growth, with a robust pipeline supported by conversions and new brand launches, allowing rapid scaling without significant balance-sheet intensity [14] - Hilton's sales and EPS estimates for 2026 indicate increases of 9% and 14.2%, respectively, from the previous year [16] Hyatt Hotels - Hyatt's approach for 2026 is marked by a concentrated operating profile focused on luxury and lifestyle segments, leading to greater variability in performance [17] - The company faces challenges from uneven demand trends and macro risks, particularly in the U.S. and Greater China, affecting its near-term results [19][20] - Hyatt's sales and EPS estimates for 2026 suggest increases of 2% and 146.9%, respectively, from the previous year [21] Conclusion - The hotel industry is moving towards a normalized phase characterized by stable occupancy and rate-driven revenue growth, emphasizing disciplined execution and earnings durability [22] - Marriott offers a steady profile with strong global scale and brand portfolio, while Hilton is well-positioned for superior upside potential due to its asset-light model and growth strategies [23] - Hyatt provides differentiated exposure to luxury travel but is more sensitive to macro conditions and regional demand variability [23]

Core Insights - Marriott International has achieved a significant milestone by signing 100 agreements for City Express by Marriott properties in the U.S. and Canada, reflecting strong demand for midscale hotels in the region [1][2] - The company has opened six properties in 2025 and plans to open four more by the end of the year, indicating robust growth in its midscale portfolio [1][2] - City Express by Marriott is expanding beyond its Caribbean and Latin America roots, with new agreements in the Asia Pacific region, including two planned properties in Osaka, Japan [2] Company Strategy - The company aims to grow City Express by Marriott in well-connected markets, focusing on providing value-conscious travelers with efficient and reliable stays [3][4] - The brand's model is designed for quick market entry, featuring modern amenities such as complimentary breakfast and high-speed internet, catering to both business and leisure travelers [3][4] New Property Developments - Upcoming City Express by Marriott properties include: - Kissimmee, Florida: A 197-room hotel near Orlando's entertainment venues [5] - Dulles, Virginia: A 90-key hotel near Dulles Airport undergoing full renovation [5] - Amarillo, Texas: A 73-room property targeting regional travelers [5] - Sandusky, Ohio: A 50-room hotel close to family attractions [5] - Carson City, Nevada: An 86-room hotel providing access to business and leisure destinations [5] Brand Overview - City Express by Marriott is part of a broader portfolio that includes around 150 properties across four countries, designed to meet the needs of various traveler segments [7] - The brand is integrated into the Marriott Bonvoy loyalty program, offering members exclusive benefits and experiences [7]