While reporting financial results for the first quarter on Wednesday, Marriott International, Inc. (MAR) provided its adjusted earnings and gross fee revenue guidance for the second quarter, and raised its outlook for the full-year 2026.
For the second quarter, the company expects adjusted earnings in a range of $2.99 to $3.06 per share on gross fee revenues between $1.538 billion and $1.553 billion, with worldwide comparable systemwide constant currency RevPAR growth of 1.5 to 2.5 percent.
For fiscal 2026, the company now projects adjusted earnings in a range of $11.38 to $11.63 per share on gross fee revenues between $5.925 billion and $5.985 billion, with worldwide comparable systemwide constant currency RevPAR growth of 2.0 to 3.0 percent.
Previously, the company expected adjusted earnings in a range of $11.32 to $11.57 per share on gross fee revenues between $5.895 billion and $5.955 billion, with worldwide comparable systemwide constant currency RevPAR growth of 1.5 to 2.5 percent.
The company said its updated outlook assumes continued impact from the conflict in the Middle East and continued travel disruption, primarily impacting the Middle East region through the end of the year.
In Wednesday's pre-market trading, MAR is trading on the Nasdaq at $356.00, up $1.48 or 0.42 percent.
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Business News
June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.