Marriott International (1MAR) AI Stock Analysis

Company Guidance

Marriott raised full year 2026 global RevPAR guidance to 4.5%-5%, with fourth-quarter global RevPAR anticipated to increase 4.5%-5%; full-year gross fees are expected to increase around 13%, IMFs to rise in the high single-digit range, full-year co-branded credit card fees to rise in the high 30% range, residential branding fees to rise over 90%, timeshare fees to be relatively in line with the prior year at $110 million-$115 million, own, lease, and other revenue, net of own, lease, and other expenses, to total $170 million-$175 million, G&A expense to rise just 1%-2%, adjusted EBITDA to rise around 13%, and adjusted diluted EPS to grow 20%-21%; investment spending is still expected to be $1.25 billion-$1.35 billion, with key money anticipated to be 40%-45% of the total amount and spending on technology expected to be another 25%-30%, while full-year 2026 capital returns to shareholders are now expected to be at least $4.8 billion, net rooms growth is expected towards the low end of the prior 4.5%-5% range with between 1% and 1.5% room deletions, and net rooms growth is expected to grow in the mid-single digit range over the next several years; preliminary 2027 year-over-year global RevPAR growth could be 3.5%-4.5%, and fourth-quarter IMFs are expected to be around flat year-over-year.