Marriott: Q3 EPS up a quarter

(CercleFinance.com) - Marriott International has reported adjusted EPS of $2.
11 for Q3 2023, up almost 25%, with adjusted EBITDA of $1.14bn, compared with $985m a year earlier.

Reflecting robust demand around the world, the hotel chain has announced comparable RevPAR (revenue per available room) growth of 8.8% in constant dollars (including +4.3% outside North America and +21.8% internationally).

For 2023, it now expects adjusted EPS of $8.50 to $8.59, adjusted EBITDA of between $4.574bn and $4.609bn, and comparable RevPAR growth of between 14% and 15% at constant dollars.


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