Marriott International's systemwide second-quarter business transient revenue per available room grew 2 per cent year over year, the company reported on Monday (3 August) during an earnings call.
Second-quarter business transient RevPAR in the US and Canada rose 3 per cent year over year, with "mid-single-digit [average daily rate] increases offsetting slight declines in room nights," according to Marriott CEO Anthony Capuano. Government RevPAR rose 5 per cent year over year, attributable to easier comparisons against a weak Q2 2025.
Second-quarter group RevPAR rose 3 percent year over year globally and 4 percent in the US and Canada. Marriott EVP and CFO Jennifer Mason said full-year systemwide group booking pace is up 5 percent year over year and US group booking pace is up about 6 per cent.
"We continue to expect all segments to be up for the full year, with leisure continuing to lead, followed by group and then [business travel]," Mason said.
Across Europe, second-quarter RevPAR increased 4.2 per cent year over year, largely driven by leisure demand. Across Marriott’s broader EMEA portfolio, however, RevPAR declined by more than 5 per cent year over year, weighed down by a 43 per cent year-on-year decline in Middle East.
Second-quarter RevPAR across Marriott's US and Canadian portfolio rose 5 per cent year over year, which Capuano called "the highest quarterly increase in 13 quarters."
The RevPAR strength, Capuano added, was spread across World Cup and non-World Cup markets and was "pervasive" across chain scales with select-service RevPAR up 4 per cent year over year behind a 9 per cent hike in luxury RevPAR.
Marriott Q2 metrics
Marriott's systemwide second-quarter RevPAR increased 3.4 per cent year over year to $138.74. ADR rose 3.5 per cent year over year to $193.66, and occupancy fell 0.1 percentage points to 71.6 per cent.
Across Europe, second-quarter ADR grew 2.6 per cent year over year to $245.98, while occupancy increased by a marginal 1.2 percentage points to 75.6 per cent.
In the US and Canada, second-quarter ADR grew 4.7 per cent year over year to $202.82, while occupancy was nearly flat at 74 per cent.
Marriott raised its full-year RevPAR growth outlook to 3 per cent to 3.5 per cent year over year, up from its previous projection of 2 per cent to 3 per cent. Third-quarter RevPAR is projected to increase by between 3.5 per cent and 4 per cent year over year.
Total second-quarter revenue increased 5 per cent year over year to more than $7 billion. Second-quarter net income was roughly flat year over year at $766 million.
As of 30 June, Marriott's global pipeline was nearly 4,200 properties, or approximately 629,000 rooms, a nearly 7 per cent year-over-year increase.
The Marriott Bonvoy membership base grew to more than 295 million members worldwide at the end of the quarter.