Marriott Reports RevPAR Growth in First Quarter
May 11, 2026
BETHESDA, Md. — Marriott International released its first-quarter earnings, reporting RevPAR growth across its global portfolio and gains in both average daily rate and occupancy.
Worldwide revenue per available room rose 4.2% compared with the first quarter of 2025. RevPAR increased 4% in the U.S. and Canada and 4.6% in international markets.
Anthony Capuano, president and CEO of Marriott International, said in a news release that demand for travel remained resilient during the quarter.
“We delivered excellent first-quarter results, reflecting the strength of our brands, our unmatched global footprint, and the resilience of demand for travel,” Capuano said.
International results varied by region, the company reported. RevPAR in Europe, the Middle East and Africa increased more than 3%, with gains in Europe and Africa partially offset by a decline in the Middle East. Asia Pacific, excluding China. led international performance, as RevPAR rose more than 7%. RevPAR in Greater China increased nearly 6%, driven by leisure travel, particularly in Hong Kong and Hainan.
Marriott also continued to expand its portfolio. The company added about 15,900 net rooms during the quarter, including approximately 7,500 rooms in international markets. At the end of the quarter, Marriott’s global system included more than 9,900 properties and nearly 1.8 million rooms.
Meanwhile, Marriott’s development pipeline totaled 4,107 properties with nearly 618,000 rooms. More than half of the rooms in the pipeline were in international markets.
Capuano said Marriott had record first-quarter signings. Conversions remained a major part of that growth, accounting for more than 35% of signings and more than 40% of openings during the quarter.
Marriott Bonvoy membership also continued to grow, reaching nearly 283 million members at quarter-end.
On the financial side, franchise and base management fees totaled $1.2 billion, up 13% from the same period last year. Incentive management fees increased to $222 million from $204 million, helped by growth in the U.S. and Canada, Asia Pacific excluding China, Greater China, and the Caribbean and Latin America.
Marriott reported first-quarter net income of $648 million, compared with $665 million a year earlier. Adjusted EBITDA rose 15% to $1.4 billion.
The company said its updated outlook assumes continued effects from the conflict in the Middle East and related travel disruption, primarily affecting the Middle East region through the end of the year.