Marriott Stock Jumps 5%, Adding $5.5 Billion, After It Raises 2026 Room-Revenue Outlook
The hotel chain lifted its revenue-per-room and earnings forecasts and pledged at least $4.8 billion in buybacks and dividends this year.
Marriott International shares climbed 5.24% to $420.21 in Monday trading, as of 9:48 a.m. ET, a new 52-week high that added $5.5 billion in market value, after the hotel company raised its 2026 outlook for revenue per available room (RevPAR).
A higher RevPAR outlook and $4.8 billion in returns
Marriott now expects 2026 RevPAR growth of 4.5% to 5%, up from 3% to 3.5%, according to its filing. It plans buybacks and dividends totaling at least $4.8 billion this year.
Net income grew 9% to $794 million in the third quarter; adjusted EPS of $3.02 compared with $2.47 in the prior-year period. Marriott's full-year adjusted EPS target is $12.07 to $12.14.
Fee revenue from franchising and base management reached $1,341 million, up 13%. The company also reported a record 4,209 hotels in its development pipeline, with more than 634,000 rooms.
Up 29% before the report
Marriott, which franchises, operates and licenses hotels and residential properties under brands spanning luxury to midscale, earns fees from owners who use its brands and systems. At the end of 2025 its system held 9,805 properties in 145 countries and territories.
The stock was already up about 29% this year at Friday's close, against about 11% for the S&P 500. It had gained 12% over the prior month and sat within 2% of its highest close of the past year. Monday's move put it on pace for its biggest one-day gain since April 8, when it rose 5.3%. Its market value stood at $109.6 billion.
Fourth-quarter guidance is adjusted EPS of $3.14 to $3.21.
Sources
- Is Marriott International (MAR) Fully Valued After Its Latest Leadership Update? — Yahoo Finance
- Marriott Q3 2026 earnings beat estimates, outlook raised — qz.com
- Marriott delivers solid Q3 and raises outlook to reflect development pipeline, RevPAR growth (MAR:NASDAQ) — seekingalpha.com
- Marriott Lifts Annual Room Revenue Growth Forecast on Resilient Travel Demand — Reuters
- Marriott: Q3 Earnings Snapshot — Associated Press
- The company's filing (Marriott International) — SEC filing
- Crestline Selected to Manage Aloft by Marriott Indianapolis Downtown — GlobeNewswire Inc.
- Marriott International — Form 10-Q for the quarter ended 2026-09-30 (quarterly results) — SEC EDGAR
