Marriott Q3 income jumps 25% to $728m amid ongoing expansion
💵 Marriott International reported a 25% increase in net income to $728 million for Q3 ending on 30 September. Operating income rose to $1.18 billion while adjusted EBITDA increased 10% to $1.35 billion. Global RevPAR grew by 0.5%, with luxury hotels seeing a 4% increase. Marriott added 17,900 net rooms, reaching over 9,700 properties and 1.75M rooms globally. The development pipeline includes 3,923 properties with 596,000 rooms, mostly outside the US and Canada.
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