MA
MAR
MAR Marriott (MAR) Q4 FY24 earnings call
Marriott concluded FY24 with robust RevPAR growth and significant net room expansion, driven by strong demand across all customer segments and regions. The company is focused on strategic investments in technology and portfolio expansion, while maintaining a disciplined capital allocation approach and returning substantial value to shareholders. Despite some anticipated headwinds in residential branding fees and FX for 2025, the underlying business momentum remains solid.
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MAR operating KPIs by quarter
| KPI | This call Dec 2024 Q4 FY24 | Mar 2025 Q1 FY25 | Sep 2025 Q3 FY25 | Dec 2025 Q4 FY25 | Mar 2026 Q1 FY26 | Jun 2026 Q2 FY26 | Change vs prior quarter |
|---|---|---|---|---|---|---|---|
| Rooms | 1.7M+Our industry-leading global lodging portfolio now goes over 1.7 million rooms across 144 countries and territories.Source: earnings call transcript | — | 1.75M+Development activity remained strong, and we grew our industry-leading global portfolio of rooms by 4.7% year-over-year to over 1.75 million rooms across more than 9,700 properties at the end of September.Source: earnings call transcript | <1.78MWith rooms growth as one of the top company priorities, I'm proud that Marriott's industry-leading global portfolio stood at nearly 1.78 million rooms across more than 9,800 properties in 145 countries and territories at the end of December.Source: earnings call transcript | — | 1.8M+We grew net rooms by 4.5% over the 12 months ending June 30, further expanding our industry-leading global portfolio to over 1.8 million rooms across more than 10,000 properties.Source: earnings call transcript | — |
| Development pipeline rooms | 577K+With a record of over 1,200 deals signed last year, we ended the year with over 577,000 rooms in our pipeline.Source: earnings call transcript | 587K+Our pipeline totaled a record of over 587,000 rooms at the end of the quarter with 42% of pipeline rooms under construction.Source: earnings call transcript | 596K+Our pipeline grew to a new high of more than 596,000 rooms at quarter end with over 250,000 pipeline rooms under construction.Source: earnings call transcript | 610KAt the end of December, our pipeline had grown to a record 610,000 rooms, up 2% from the prior quarter and up 6% from the prior year.Source: earnings call transcript | <618KOur global pipeline rose over 5% year-over-year to a new record of nearly 618,000 rooms at the end of the quarter, with 43% of pipeline rooms under construction, including rooms that are pending conversion.Source: earnings call transcript | ~629KOur global pipeline grew nearly 7% year-over-year to a new record of approximately 629,000 rooms at the end of June.Source: earnings call transcript | — |
| Loyalty program members | <228MWe added over 31 million new members to our loyalty program last year, growing to nearly 228 million members at year-end.Source: earnings call transcript | <237MOur powerful industry-leading Marriott Bonvoy loyalty program had nearly 237 million members at the end of March.Source: earnings call transcript | <260MMembership grew to nearly 260 million members at the end of September, up 18% year-over-year.Source: earnings call transcript | 271MLast year alone, 43 million new members joined Bonvoy, propelling the membership base to 271 million members worldwide at year-end.Source: earnings call transcript | <283MOur powerful industry-leading Marriott Bonvoy loyalty program had nearly 283 million members at the end of March.Source: earnings call transcript | 295M+the continued growth of our global lodging system and the powerful combination of scale and engagement represented by our cardholders and more than 295 million loyalty program members.Source: earnings call transcript | — |
| Properties | — | — | 9,700+Development activity remained strong, and we grew our industry-leading global portfolio of rooms by 4.7% year-over-year to over 1.75 million rooms across more than 9,700 properties at the end of September.Source: earnings call transcript | 9,800+With rooms growth as one of the top company priorities, I'm proud that Marriott's industry-leading global portfolio stood at nearly 1.78 million rooms across more than 9,800 properties in 145 countries and territories at the end of December.Source: earnings call transcript | — | 10K+We grew net rooms by 4.5% over the 12 months ending June 30, further expanding our industry-leading global portfolio to over 1.8 million rooms across more than 10,000 properties.Source: earnings call transcript | — |
Operating figures the company stated on at least two of the calls shown, checked against each call's transcript. Click a figure to read the sentence. A dash means it was not stated that quarter.
Inve summary of the company's earnings call; see how call summaries are prepared. Not investment advice.