MAR SEC Filings

MARRIOTT INTERNATIONAL INC /MD/ - 415 total filings

Showing 1–50 of 415 filings
8-K

MARRIOTT INTERNATIONAL INC /MD/ 8-K Report, Shareholder Vote Results (May 13, 2026)

May 13, 2026

Marriott International, Inc. (MAR) has filed an 8-K report detailing the results of its Annual Meeting of Stockholders held on May 8, 2026. The primary outcomes include the overwhelming election of all 12 director nominees, a strong ratification of Ernst & Young LLP as the independent registered public accounting firm for fiscal year 2026, and the approval of the advisory resolution on executive compensation. These results indicate continued shareholder confidence in the company's leadership and governance. The significant support for director nominees and the accounting firm suggests stability and alignment between management and its investors. While the advisory vote on executive compensation received majority approval, it also garnered a notable percentage of dissenting votes, which may warrant further attention from the company regarding its executive pay practices.

8-K

MARRIOTT INTERNATIONAL INC /MD/ 8-K Report, Financial Results (May 6, 2026)

May 6, 2026

Marriott International, Inc. (MAR) filed an 8-K on May 6, 2026, to announce its financial results for the first quarter ended March 31, 2026. The filing primarily incorporates by reference a press release detailing these results, which is provided as Exhibit 99. Investors should refer to this press release for the specific financial performance metrics, including revenue, earnings per share, occupancy rates, and average daily rates, as well as any forward-looking guidance or commentary provided by the company's management. While the 8-K itself does not contain the detailed financial figures, it serves as the official notification of their public release. The attached press release is the primary source for understanding Marriott's performance in the first quarter of 2026 and its implications for the company's outlook. Investors are encouraged to review this exhibit to assess the company's operational and financial health, compare performance against expectations and prior periods, and evaluate any strategic updates or challenges mentioned.

10-Q

MARRIOTT INTERNATIONAL INC /MD/ Quarterly Report for Q1 Ended Mar 31, 2026

May 6, 2026

Marriott International, Inc. reported solid financial results for the first quarter of 2026, demonstrating continued resilience and growth. Net income saw a slight decrease to $648 million from $665 million in the prior year's quarter, resulting in diluted EPS of $2.43 compared to $2.39. This performance was driven by a robust increase in net fee revenues, up 12% year-over-year to $1,398 million, primarily fueled by a significant 17% rise in franchise fees, which benefited from higher co-branded credit card fees and increased RevPAR. The company's asset-light model continues to be a key strength, with substantial system-wide room growth of 4% year-over-year and a robust development pipeline. Despite a slight increase in interest expense due to higher debt balances, Marriott maintained strong operating income of $1,064 million. The company proactively managed its liquidity, with cash, cash equivalents, and restricted cash increasing to $468 million. Marriott also continued its commitment to returning capital to shareholders through dividends and a substantial share repurchase program. While global RevPAR increased by 4.2%, the company noted a negative impact on RevPAR in the Middle East & Africa region due to geopolitical conflict, the extent of which depends on the duration of travel disruptions.

8-K

MARRIOTT INTERNATIONAL INC /MD/ 8-K Report, Corporate Update (Feb 20, 2026)

Feb 20, 2026

Marriott International, Inc. (MAR) announced on February 20, 2026, the issuance of $1.45 billion in aggregate principal amount of senior notes. This offering consists of $600 million in 4.500% Series WW Notes due 2033 and $850 million in 5.100% Series XX Notes due 2038. The net proceeds from this debt offering are approximately $1.425 billion, after accounting for underwriting discounts and estimated expenses. These proceeds are earmarked for general corporate purposes, which may include working capital, capital expenditures, acquisitions, stock repurchases, or debt repayment. This strategic move indicates the company's intention to maintain financial flexibility and support its ongoing business operations and growth initiatives. Investors should note the fixed interest rates and maturity dates of these notes as potential components of Marriott's long-term capital structure.

10-K

MARRIOTT INTERNATIONAL INC /MD/ Annual Report, Year Ended Dec 31, 2025

Feb 10, 2026

Marriott International Inc. reported stable financial performance for the fiscal year ending December 31, 2025. The company's asset-light business model, heavily reliant on franchising and management agreements, continues to drive growth, with a 5% increase in system-wide properties and a 4% increase in rooms compared to the previous year. Net fee revenues saw a 5% increase, primarily fueled by higher co-branded credit card fees and overall room growth. Geographically, international markets demonstrated robust RevPAR growth of 5.1%, led by strong demand in APEC and EMEA, although Greater China experienced a slight slowdown with 0.4% RevPAR growth due to macro-economic conditions. In contrast, the U.S. & Canada region saw a more modest 0.7% RevPAR increase, impacted by softer business transient demand. The company continues to invest in its digital transformation and its Marriott Bonvoy loyalty program, which remains central to its strategy for driving repeat business and guest engagement.

8-K

MARRIOTT INTERNATIONAL INC /MD/ 8-K Report, Financial Results (Feb 10, 2026)

Feb 10, 2026

Marriott International, Inc. (MAR) has filed an 8-K report on February 10, 2026, to announce its financial results for the fourth quarter and full year ended December 31, 2025. While the 8-K itself primarily serves as a notification and incorporates a press release (Exhibit 99) for detailed financial data, investors should focus on the information contained within that press release to understand the company's performance. Key metrics such as revenue, net income, earnings per share (EPS), comparable system-wide revenue per available room (RevPAR), and occupancy rates for the reported periods are expected to be the most crucial elements for evaluating Marriott's operational and financial health. Investors will be looking for growth trends, profitability improvements, and any forward-looking guidance provided by management. The filing also includes the standard XBRL cover page, which is a technical requirement. The actual analysis of the financial performance hinges entirely on the content of the accompanying press release, which is incorporated by reference.

8-K

MARRIOTT INTERNATIONAL INC /MD/ 8-K Report, Executive Changes (Feb 6, 2026)

Feb 6, 2026

Marriott International, Inc. (MAR) announced on February 5, 2026, that Ms. Debra L. Lee will not be seeking re-election to the Board of Directors at the upcoming 2026 annual meeting of shareholders. Ms. Lee currently holds a significant position as the chair of the Inclusion and Social Impact Committee. Importantly, Marriott has clarified that Ms. Lee's decision is not due to any disagreements with the company's operations, policies, or practices. This information is crucial for investors as it suggests the departure is a planned transition rather than a reflection of internal issues. Investors should monitor the Board's composition and the appointment of a successor, particularly concerning the leadership of the Inclusion and Social Impact Committee.

8-K

MARRIOTT INTERNATIONAL INC /MD/ 8-K Report, Executive Changes (Jan 9, 2026)

Jan 9, 2026

Marriott International, Inc. (MAR) has filed an 8-K report disclosing the upcoming retirement of William P. Brown, Group President, United States and Canada. Mr. Brown intends to step down from his executive role effective March 28, 2026, and will retire from the company completely by June 30, 2026. This departure marks the end of a significant tenure for a key leader in the company's largest operating region.

8-K

MARRIOTT INTERNATIONAL INC /MD/ 8-K Report, Financial Results (Nov 4, 2025)

Nov 4, 2025

Marriott International, Inc. (MAR) has filed an 8-K report detailing its financial results for the third quarter ended September 30, 2025. The key information is contained within the press release filed as an exhibit, which provides the company's performance metrics for the period. Investors should review this press release for specific details on revenue, profitability, and any forward-looking statements or management commentary regarding operational performance and market conditions. While the 8-K itself is largely procedural, the attached press release is the crucial document for understanding Marriott's recent financial health and outlook. This filing allows investors to stay informed about the company's progress against its strategic goals and assess its financial standing following the third quarter.

10-Q

MARRIOTT INTERNATIONAL INC /MD/ Quarterly Report for Q3 Ended Sep 30, 2025

Nov 4, 2025

Marriott International Inc. (MAR) reported solid financial results for the third quarter and the first nine months of fiscal year 2025, demonstrating continued revenue growth and increased profitability. Net income rose significantly year-over-year for both periods, driven by increases in net fee revenues and strong performance in owned, leased, and other revenue segments. The company's strategic acquisitions, such as citizenM, are contributing to system growth and expanding its market presence, although integration costs and potential earn-out payments will require ongoing monitoring. Despite a slight decrease in RevPAR in the U.S. & Canada region due to softer business transient demand, overall worldwide RevPAR showed modest growth. International markets, particularly APEC and EMEA, continue to exhibit strong RevPAR growth. Marriott also demonstrated effective capital allocation through substantial share repurchases and continued dividend payments, reinforcing its commitment to shareholder returns. The company maintains a strong liquidity position and a robust development pipeline, indicating a positive outlook for future expansion and sustained financial performance.

8-K

MARRIOTT INTERNATIONAL INC /MD/ 8-K Report, Corporate Update (Aug 20, 2025)

Aug 20, 2025

Marriott International, Inc. (MAR) announced through an 8-K filing that on August 18, 2025, it entered into a Terms Agreement to issue $1.5 billion in aggregate principal amount of notes across three series: $400 million of 4.200% Series TT Notes due 2027, $500 million of 4.500% Series UU Notes due 2027, and $600 million of 5.250% Series VV Notes due 2035. The notes were issued on August 20, 2025. The net proceeds from this debt offering are approximately $1.477 billion after accounting for underwriting discounts and expenses. Marriott intends to utilize these funds for general corporate purposes, which could include working capital, capital expenditures, acquisitions, stock repurchases, or the repayment of existing debt. This move provides the company with significant financial flexibility to fund its strategic initiatives and operational needs.

8-K

MARRIOTT INTERNATIONAL INC /MD/ 8-K Report, Financial Results (Aug 5, 2025)

Aug 5, 2025

Marriott International, Inc. (MAR) has filed an 8-K report on August 5, 2025, to announce its financial results for the second quarter ended June 30, 2025. The key information is contained within the press release, furnished as Exhibit 99, which provides details on the company's operational and financial performance for the period. Investors should review this press release for specific metrics such as revenue, net income, earnings per share, and any forward-looking guidance provided by the company. While the 8-K itself is a procedural filing, the attached press release is critical for understanding Marriott's recent performance and its outlook. It's important for investors to analyze the disclosed financial data to assess the company's progress against its strategic goals and its competitive position within the hospitality sector. Any significant deviations from analyst expectations or previous company guidance should be carefully considered.

10-Q

MARRIOTT INTERNATIONAL INC /MD/ Quarterly Report for Q2 Ended Jun 30, 2025

Aug 5, 2025

Marriott International, Inc. (MAR) reported strong financial results for the second quarter and first half of 2025, demonstrating resilience and continued growth. The company saw an increase in net income to $763 million for the quarter and $1.428 billion for the half-year, up from $772 million and $1.336 billion respectively in the prior year periods, with diluted EPS reaching $2.78 and $5.17. Revenues were driven by robust performance across its fee structures, with net fee revenues growing 4% and 7% for the quarter and half-year respectively. The company's global RevPAR increased by 1.5% for the quarter and 2.8% for the half-year, bolstered by international markets, particularly in APEC and EMEA, while U.S. & Canada showed stable performance despite some headwinds in select-service hotels. Marriott also continues to expand its global footprint, with a significant increase in properties and rooms, and maintains a strong development pipeline, expecting net rooms growth to approach 5% for the full year. Financially, Marriott maintained a healthy liquidity position, with cash and equivalents increasing. The company actively returned capital to shareholders through dividends and share repurchases, totaling $357 million and $1.7 billion year-to-date respectively. A significant strategic development was the agreement to acquire the citizenM brand, expected to close in the third quarter, further enhancing Marriott's portfolio.

8-K

MARRIOTT INTERNATIONAL INC /MD/ 8-K Report, Executive Changes (Jul 14, 2025)

Jul 14, 2025

Marriott International, Inc. (MAR) has announced a significant leadership transition involving its Chief Financial Officer. Kathleen K. Oberg, who currently serves as CFO and Executive Vice President, Development, has informed the company of her intention to retire. Her retirement is planned for March 31, 2026, following the company's filing of its fiscal year 2025 Form 10-K. This transition marks the end of Ms. Oberg's tenure and signals a planned handover of critical financial responsibilities. In a strategic move to ensure a smooth succession, Marriott has appointed Jennifer C. Mason as the new Executive Vice President and Chief Financial Officer, effective upon Ms. Oberg's departure from the CFO role. Ms. Mason brings extensive experience within Marriott, having most recently served as Global Officer, Treasurer and Risk Management since May 2022, and previously as CFO for U.S. and Canada. Her deep understanding of the company's financial operations and strategic priorities positions her well to lead in this new capacity. The company has also indicated that a press release detailing these changes and other leadership appointments is available as an exhibit to this filing.

8-K

MARRIOTT INTERNATIONAL INC /MD/ 8-K/A Report, Executive Changes (May 13, 2025)

May 13, 2025

Marriott International, Inc. (MAR) has filed an amendment to its January 21, 2025, Current Report on Form 8-K. This amendment primarily serves to update investors on the committee assignments for its newly elected Board member, Sean Tresvant. While Mr. Tresvant was initially elected to the Board on or before January 16, 2025, his specific committee roles were not detailed in the original filing.

8-K

MARRIOTT INTERNATIONAL INC /MD/ 8-K Report, Shareholder Vote Results (May 13, 2025)

May 13, 2025

Marriott International, Inc. (MAR) filed an 8-K report detailing the outcomes of its Annual Meeting of Stockholders held on May 9, 2025. The primary focus of the filing is the voting results on key corporate governance matters. All 13 director nominees presented were overwhelmingly elected by stockholders, indicating strong support for the current board. Additionally, the appointment of Ernst & Young LLP as the independent registered public accounting firm for fiscal year 2025 was ratified with substantial approval. The advisory resolution on executive compensation also received a majority of 'for' votes, though with a notable level of opposition and broker non-votes. These results suggest a stable governance framework and continued confidence in the company's leadership and auditing partner. Investors can interpret the high approval rates for director elections and auditor ratification as positive signs of shareholder alignment. The vote on executive compensation, while approved, warrants attention for any future trend analysis regarding shareholder sentiment on pay practices.

10-Q

MARRIOTT INTERNATIONAL INC /MD/ Quarterly Report for Q1 Ended Mar 31, 2025

May 6, 2025

Marriott International, Inc. (MAR) reported a strong first quarter for 2025, demonstrating robust revenue growth and improved profitability. Net income rose to $665 million from $564 million in the prior year's first quarter, translating to a significant increase in diluted earnings per share from $1.93 to $2.39. This performance was primarily driven by higher fee revenues, which grew 5% to $1,247 million, fueled by strong base management fees and franchise fees reflecting increased RevPAR and unit growth across its global portfolio. The company also highlighted positive system-wide RevPAR growth of 4.1%, with notable strength in international markets, particularly in the Asia Pacific excluding China region. Marriott continues to expand its footprint, adding approximately 12,200 net rooms in the quarter, and maintains a substantial development pipeline. The company also announced an agreement to acquire the citizenM brand, signaling continued strategic growth initiatives.

8-K

MARRIOTT INTERNATIONAL INC /MD/ 8-K Report, Financial Results (May 6, 2025)

May 6, 2025

Marriott International, Inc. (MAR) has filed an 8-K report on May 6, 2025, to announce its financial results for the first quarter ended March 31, 2025. The report primarily serves to attach the press release detailing these results, which was issued on the same date. Investors should refer to the attached press release (Exhibit 99) for the specific financial performance figures, including key metrics like revenue, net income, earnings per share, and operational highlights for the period.

8-K

MARRIOTT INTERNATIONAL INC /MD/ 8-K Report, Corporate Update (Feb 26, 2025)

Feb 26, 2025

Marriott International, Inc. (MAR) announced on February 25, 2025, the closing of a significant debt offering, issuing $2 billion in aggregate principal amount of senior notes. This offering comprises $500 million of 5.100% Series RR Notes due 2032 and $1.5 billion of 5.500% Series SS Notes due 2037. The net proceeds, approximately $1.96 billion after expenses, are earmarked for general corporate purposes, which may include working capital, capital expenditures, acquisitions, stock repurchases, or debt repayment. This move indicates the company's strategic use of capital markets to fund ongoing operations and potential growth initiatives. The issuance of these notes provides Marriott with substantial liquidity and flexibility. The varying maturity dates of the notes (2032 and 2037) suggest a strategy to manage its debt profile and interest rate exposure over the medium to long term. Investors should monitor how these proceeds are ultimately allocated, as it will provide insight into the company's near-to-medium term strategic priorities and capital allocation strategy.

8-K

MARRIOTT INTERNATIONAL INC /MD/ 8-K Report, Financial Results (Feb 11, 2025)

Feb 11, 2025

Marriott International, Inc. (MAR) has filed a Form 8-K to report its financial results for the fourth quarter and full year ended December 31, 2024. The filing primarily incorporates by reference a press release issued on February 11, 2025, which contains the detailed financial performance data. Investors should review this press release for comprehensive information on revenue, net income, earnings per share, and other key operating metrics for the period. While the 8-K itself is brief, the attached press release will provide crucial insights into Marriott's operational performance, profitability, and any forward-looking statements or guidance the company may have issued. This information is critical for understanding the company's current financial health and its outlook for the upcoming fiscal periods, enabling investors to make informed decisions.

10-K

MARRIOTT INTERNATIONAL INC /MD/ Annual Report, Year Ended Dec 31, 2024

Feb 11, 2025

Marriott International, Inc. (MAR) reported strong performance in its 2024 fiscal year, demonstrating resilience and growth in the global hospitality market. The company continues to leverage its "asset-light" business model, focusing on management, franchising, and licensing, with a vast portfolio of 9,361 properties and over 1.7 million rooms across 144 countries. A significant development pipeline of nearly 3,800 properties indicates continued expansion opportunities. The company experienced solid global RevPAR growth of 4.3%, driven by ADR and occupancy improvements, with particularly strong performance in EMEA and Asia Pacific excluding China, aided by events like the Paris Olympics. Marriott also made significant strides in operational efficiency, initiating a comprehensive program expected to yield $80-$90 million in annual G&A cost reductions starting in 2025. The company returned substantial capital to shareholders through share repurchases ($3.7 billion) and dividends, underscoring a commitment to shareholder value. Despite ongoing investments in technology transformation and increased interest expenses, Marriott's financial position remains robust, supported by a $4.5 billion credit facility and adequate liquidity.

8-K

MARRIOTT INTERNATIONAL INC /MD/ 8-K Report, Executive Changes (Jan 21, 2025)

Jan 21, 2025

Marriott International, Inc. (MAR) announced a governance update via an 8-K filing on January 21, 2025. The Board of Directors has been expanded to thirteen members with the appointment of Sean Tresvant, effective February 12, 2025. Mr. Tresvant is expected to be nominated for election at the upcoming 2025 Annual Meeting of Stockholders. His appointment is a strategic move to enhance board expertise and oversight. This expansion and appointment appear to be standard board refreshment and do not indicate any immediate financial implications or executive departures. Investors should note that Mr. Tresvant's compensation will follow the company's established non-employee director compensation program. The company also furnished a press release as an exhibit, reiterating this board appointment.

8-K

MARRIOTT INTERNATIONAL INC /MD/ 8-K Report, Financial Results (Nov 4, 2024)

Nov 4, 2024

Marriott International, Inc. (MAR) filed an 8-K on November 4, 2024, announcing its financial results for the quarter ended September 30, 2024. The filing primarily incorporates by reference the press release detailing these results, which was issued on November 4, 2024. Investors should refer to the attached press release (Exhibit 99) for specific financial performance metrics, operational updates, and forward-looking statements provided by the company for the third quarter of 2024. This report serves as notification of the earnings release, and the detailed financial information, key performance indicators, and management's commentary are contained within the accompanying press release. While the 8-K itself is brief, the incorporated press release is the crucial document for understanding Marriott's recent financial condition and operational achievements during the specified quarter.

10-Q

MARRIOTT INTERNATIONAL INC /MD/ Quarterly Report for Q3 Ended Sep 30, 2024

Nov 4, 2024

Marriott International, Inc. reported solid financial performance for the nine months ended September 30, 2024, with net income of $1.920 billion, a decrease from $2.235 billion in the prior year period. This decline was primarily influenced by higher interest expenses and a shift in earnings to higher tax jurisdictions. Despite the net income dip, the company demonstrated robust revenue growth, with net fee revenues increasing by 7% year-over-year to $3.76 billion for the nine-month period, driven by strong performance across most regions. System-wide RevPAR increased by 4.0% for the first nine months, buoyed by positive trends in occupancy and average daily rates, although Greater China experienced a decline due to macroeconomic factors and increased outbound travel. The company continues to execute its "asset-light" model, focusing on management and franchising, with significant room growth and a robust development pipeline, including a substantial contribution from the MGM Resorts International licensing agreement.

8-K

MARRIOTT INTERNATIONAL INC /MD/ 8-K Report, Temporary Suspension of Trading Under Employee Benefit Plans (Aug 20, 2024)

Aug 20, 2024

Marriott International, Inc. (MAR) has filed an 8-K report to announce a temporary suspension of trading in its Marriott Retirement Savings Plan (RSP). This "blackout period" is necessary to facilitate the transition to a new plan recordkeeper. The suspension is expected to begin on September 25, 2024, and conclude by October 18, 2024. During this time, participants will be unable to make changes to their investments, contributions, loans, or distributions from their RSP accounts, including those holding Marriott's Common Stock. Furthermore, in compliance with Sarbanes-Oxley Act regulations, Marriott has also notified its directors and executive officers about these restrictions. They will be prohibited from buying, selling, acquiring, or transferring any Company Common Stock obtained through their roles during the blackout period, with limited exceptions. Investors should note that this filing primarily concerns internal plan administration and does not indicate any operational or financial performance issues with the company.

8-K

MARRIOTT INTERNATIONAL INC /MD/ 8-K Report, Corporate Update (Aug 12, 2024)

Aug 12, 2024

Marriott International, Inc. (MAR) has announced the successful issuance of $1.5 billion in aggregate principal amount of senior notes through a Terms Agreement with several underwriters. The offering comprises $500 million of 4.800% Series PP Notes due 2030 and $1 billion of 5.350% Series QQ Notes due 2035. The net proceeds, approximately $1.480 billion after fees and expenses, are intended for general corporate purposes, including potential working capital needs, capital expenditures, acquisitions, stock repurchases, or debt repayment. This debt issuance provides Marriott with significant liquidity and financial flexibility. Investors should note the specific interest rates and maturity dates for each series of notes. The company's ability to raise substantial capital indicates financial strength and confidence in its ongoing business operations and future strategic initiatives. The proceeds' flexible use allows management to deploy capital efficiently across various value-enhancing activities.

10-Q

MARRIOTT INTERNATIONAL INC /MD/ Quarterly Report for Q2 Ended Jun 30, 2024

Jul 31, 2024

Marriott International Inc. reported solid financial results for the second quarter and first half of 2024, demonstrating continued growth and operational strength. Net income for the second quarter increased to $772 million from $726 million in the prior year, while diluted earnings per share rose to $2.69 from $2.38. Gross fee revenues saw a 7% increase for both the quarter and the year-to-date period, driven by strong performance in base management fees and franchise fees. The company's asset-light model continues to fuel growth, with a notable expansion in franchised and licensed properties and a robust development pipeline. Key financial metrics indicate positive trends, with worldwide RevPAR increasing by 4.9% for the second quarter and 4.5% for the first half, reflecting gains in both average daily rates and occupancy across most regions. The company maintained significant shareholder returns through dividends and share repurchases, underscoring its commitment to returning capital. While the company faces ongoing legal proceedings related to the 2018 data security incident, management believes these will not materially impact long-term financial health, though potential losses in excess of recorded amounts are possible.

8-K

MARRIOTT INTERNATIONAL INC /MD/ 8-K Report, Financial Results (Jul 31, 2024)

Jul 31, 2024

Marriott International, Inc. (MAR) has filed an 8-K report on July 31, 2024, to announce its financial results for the fiscal quarter ended June 30, 2024. The report primarily references a press release, attached as Exhibit 99, which contains the detailed financial performance and operational updates for the period. Investors should review this press release for specific figures related to revenue, earnings, occupancy rates, and any forward-looking guidance provided by the company. This filing serves as the official notification of the company's latest quarterly performance.

8-K

MARRIOTT INTERNATIONAL INC /MD/ 8-K Report, Shareholder Vote Results (May 15, 2024)

May 15, 2024

Marriott International, Inc. (MAR) filed an 8-K on May 15, 2024, detailing the results of its Annual Meeting of Stockholders held on May 10, 2024. The filing primarily reports on shareholder votes concerning director elections, the ratification of its independent auditor, and advisory resolutions on executive compensation and shareholder proposals. All director nominees were elected with strong support, and Ernst & Young LLP was ratified as the independent registered public accounting firm for fiscal year 2024, indicating continued confidence in the company's governance and financial oversight. Of particular note for investors, the advisory resolution on executive compensation received majority approval, though with a notable percentage of votes against. Conversely, two significant shareholder proposals, one requesting a civil rights audit and another for an annual racial and gender pay gap report, were not approved by the majority of stockholders. These outcomes reflect the company's current stance and shareholder sentiment on governance and social responsibility issues.

10-Q

MARRIOTT INTERNATIONAL INC /MD/ Quarterly Report for Q1 Ended Mar 31, 2024

May 1, 2024

Marriott International Inc. (MAR) reported its first-quarter 2024 results, demonstrating resilience and growth across its global portfolio. The company saw a 7% increase in gross fee revenues, reaching $1.21 billion, driven by solid performance in base management and franchise fees. Net income for the quarter was $564 million, or $1.93 per diluted share, a decrease from the prior year primarily due to a large tax reserve release in Q1 2023. Despite this, the underlying operational trends remain positive, with worldwide RevPAR up 4.2%, indicating strong demand and effective pricing strategies. The company's asset-light model continues to drive expansion, with system-wide rooms increasing by 6% year-over-year to over 1.64 million. The development pipeline remains robust, exceeding 547,000 rooms, with a significant portion under construction. Marriott also returned substantial capital to shareholders through $1.2 billion in share repurchases and $151 million in dividends paid during the quarter, underscoring its commitment to shareholder value. While facing some macroeconomic uncertainties and ongoing legal matters, Marriott's diversified geographic presence and strong brand portfolio position it for continued growth.

8-K

MARRIOTT INTERNATIONAL INC /MD/ 8-K Report, Financial Results (May 1, 2024)

May 1, 2024

Marriott International, Inc. (MAR) has filed an 8-K report on May 1, 2024, to disclose its financial results for the first quarter ended March 31, 2024. The core of this filing is the press release (Exhibit 99) containing the detailed financial performance and operational updates for the period. Investors should refer to this press release for specific figures related to revenue, profitability, occupancy rates, and any forward-looking guidance provided by the company. This report serves as the official channel for disseminating these crucial quarterly metrics.

8-K

MARRIOTT INTERNATIONAL INC /MD/ 8-K Report, Corporate Update (Feb 22, 2024)

Feb 22, 2024

Marriott International, Inc. (MAR) announced on February 22, 2024, the successful completion of a public offering of senior unsecured notes, raising a total of $1.5 billion. The offering consisted of $500 million in 4.875% Series NN Notes due 2029 and $1 billion in 5.300% Series OO Notes due 2034. The company received net proceeds of approximately $1.468 billion after deducting underwriting discounts and expenses. These proceeds are intended for general corporate purposes, including potential use for working capital, capital expenditures, acquisitions, stock repurchases, or debt repayment. This debt issuance provides Marriott with additional financial flexibility and capital to support its ongoing strategic initiatives and operational needs.

8-K

MARRIOTT INTERNATIONAL INC /MD/ 8-K Report, Financial Results (Feb 13, 2024)

Feb 13, 2024

Marriott International, Inc. (MAR) filed an 8-K report on February 13, 2024, to announce its financial results for the fourth quarter and full year ended December 31, 2023. The core of this filing is the press release (Exhibit 99) detailing these results, which provides investors with the company's latest performance metrics. While the 8-K itself doesn't contain the detailed financial tables, it serves as the official notification and access point to this crucial information. Investors should refer to the attached press release for specifics on revenue, earnings per share, occupancy rates, comparable system-wide RevPAR (Revenue Per Available Room), and forward-looking guidance. This filing is a standard procedural step for publicly traded companies to disseminate significant financial information promptly. For Marriott, this means investors can access the official numbers that will drive market sentiment and inform investment decisions. The press release will likely contain management's commentary on the results, strategic initiatives, and outlook for the upcoming year, offering valuable context beyond just the raw financial figures.

10-K

MARRIOTT INTERNATIONAL INC /MD/ Annual Report, Year Ended Dec 31, 2023

Feb 13, 2024

Marriott International Inc. (MAR) reported a strong performance in its 2023 10-K filing, demonstrating significant recovery and growth across its global portfolio. The company's asset-light business model, focused on management and franchising, proved resilient, with net fee revenues increasing by a robust 19% year-over-year, driven by improvements in both base and incentive management fees, as well as franchise fees. This growth was supported by a 14.9% increase in worldwide RevPAR (Revenue Per Available Room), reflecting strong occupancy and average daily rate improvements, particularly in international markets that were recovering from prior-year COVID-19 impacts. Marriott continues to expand its global footprint, adding 500+ properties in 2023, with a significant development pipeline of nearly 573,000 rooms. The company also emphasized its commitment to its loyalty program, Marriott Bonvoy, which continues to be a key driver of repeat business, with over 60% of global room nights booked by its members. While the company manages ongoing risks related to cybersecurity, global economic conditions, and potential litigation, its financial health remains solid, supported by strong operational performance, a significant credit facility, and consistent returns to shareholders through dividends and share repurchases.

10-Q

MARRIOTT INTERNATIONAL INC /MD/ Quarterly Report for Q3 Ended Sep 30, 2023

Nov 2, 2023

Marriott International, Inc. (MAR) reported strong financial results for the third quarter and the first nine months of 2023, showcasing a robust recovery in the lodging industry. Net income increased significantly year-over-year, driven by substantial growth in revenues across all fee categories including base management, franchise, and incentive management fees. This revenue expansion is attributed to strong RevPAR (Revenue Per Available Room) growth globally, fueled by both higher Average Daily Rates (ADR) and improved occupancy, reflecting a rebound in leisure, group, and business transient demand. The company continues to expand its global footprint, with a notable increase in properties and rooms, including contributions from the recent acquisition of the City Express brand portfolio. Marriott also demonstrated a commitment to returning capital to shareholders through substantial share repurchases and dividend payments. Despite increased interest expenses due to higher debt levels and rates, the company maintains a strong liquidity position and anticipates continued growth, with net rooms growth expected to be around 4.2% to 4.5% for the full year 2023.

8-K

MARRIOTT INTERNATIONAL INC /MD/ 8-K Report, Financial Results (Nov 2, 2023)

Nov 2, 2023

Marriott International Inc. (MAR) has filed an 8-K report on November 2, 2023, primarily to announce its financial results for the third quarter ended September 30, 2023. The report incorporates by reference a press release detailing these results, which is attached as Exhibit 99. Investors should refer to this press release for specific financial figures and operational performance metrics. This filing indicates that Marriott is adhering to its reporting schedule and providing timely updates on its financial condition and operational outcomes to the market.

8-K

MARRIOTT INTERNATIONAL INC /MD/ 8-K Report, Regulation FD Disclosure (Sep 27, 2023)

Sep 27, 2023

Marriott International, Inc. (MAR) filed an 8-K on September 27, 2023, primarily announcing an investor and security analyst conference scheduled for the same day. The press release attached as Exhibit 99.1 details information that will be presented during this event, which is being webcast live and will have presentation materials available on their investor relations website. Investors should note that this filing serves as an announcement of upcoming information rather than a disclosure of new financial results or material events at this specific filing date.

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MARRIOTT INTERNATIONAL INC /MD/ 8-K Report, Corporate Update (Sep 15, 2023)

Sep 15, 2023

Marriott International, Inc. (MAR) has announced the successful completion of a public offering of senior notes, raising approximately $1.135 billion in net proceeds. The offering consists of $450 million in 5.450% Series LL Notes due 2026 and $700 million in 5.550% Series MM Notes due 2028. These proceeds are earmarked for general corporate purposes, which may include working capital, capital expenditures, acquisitions, stock repurchases, or debt repayment, providing the company with significant financial flexibility.

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MARRIOTT INTERNATIONAL INC /MD/ 8-K Report, Bylaw Amendment (Aug 4, 2023)

Aug 4, 2023

Marriott International, Inc. (MAR) filed an 8-K on August 4, 2023, to report the adoption of Amended and Restated Bylaws, effective immediately as of August 3, 2023. These changes are primarily technical in nature, aimed at aligning the company's governing documents with updates in the Delaware General Corporation Law (DGCL). The amendments also refine procedural and disclosure requirements for shareholders proposing business at meetings and clarify corporate governance matters, including quorum requirements and officer appointments. Notably, the bylaws now designate U.S. federal district courts as the exclusive forum for resolving Securities Act of 1933 claims, unless the company consents otherwise.

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MARRIOTT INTERNATIONAL INC /MD/ 8-K Report, Financial Results (Aug 1, 2023)

Aug 1, 2023

Marriott International, Inc. (MAR) filed an 8-K on August 1, 2023, to report its financial results for the second quarter ended June 30, 2023. The filing incorporates by reference a press release detailing these results. While the 8-K itself does not contain the detailed financial figures, it signals that the company has publicly disclosed its performance for the period. Investors should refer to the attached press release (Exhibit 99) for specific financial data, including revenue, earnings per share, and occupancy rates, which are crucial for understanding the company's operational performance and future outlook.

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MARRIOTT INTERNATIONAL INC /MD/ Quarterly Report for Q2 Ended Jun 30, 2023

Aug 1, 2023

Marriott International Inc. reported strong financial results for the second quarter and first half of 2023, demonstrating a significant recovery in lodging demand compared to the prior year periods. Gross fee revenues increased by 16% and 26% respectively, driven by robust RevPAR (Revenue per Available Room) growth across all segments, particularly in international markets, which saw a 39.1% RevPAR increase in Q2 and 49.5% in H1. This growth was fueled by both higher average daily rates (ADR) and improved occupancy, with international markets benefiting from the lifting of travel restrictions, especially in Asia Pacific. The company's net income for the second quarter was $726 million, up from $678 million in the prior year, and $1.483 billion for the first half, up from $1.055 billion. Diluted earnings per share (EPS) were $2.38 for Q2 and $4.81 for H1. Marriott also reported substantial system growth, adding 333 properties in the first half, including those from the City Express acquisition, and maintaining a strong development pipeline. The company continued its capital return program, repurchasing $2.3 billion in shares year-to-date and paying dividends. Despite the positive financial performance, investors should note the ongoing legal proceedings related to the Starwood Data Security Incident, for which the company believes it will incur further expenses, though it does not expect a material impact on its long-term financial health. The company also raised its full-year 2023 net rooms growth expectation to approximately 6.4% to 6.7%.

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MARRIOTT INTERNATIONAL INC /MD/ 8-K/A Report, Executive Changes (May 16, 2023)

May 16, 2023

This 8-K/A filing from Marriott International, Inc. (MAR) serves as an amendment to a previous filing, clarifying board appointments made effective March 12, 2023, with details updated as of May 12, 2023. The amendment confirms the election of Lauren R. Hobart and Grant F. Reid to the Company's Board of Directors. These appointments are significant as they involve new individuals joining the oversight functions of the company, potentially bringing fresh perspectives and expertise to key committees.

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MARRIOTT INTERNATIONAL INC /MD/ 8-K Report, Executive Changes (May 16, 2023)

May 16, 2023

Marriott International, Inc. (MAR) filed an 8-K on May 16, 2023, detailing the outcomes of its Annual Meeting of Stockholders held on May 12, 2023. The key takeaway for investors is the strong shareholder approval of critical corporate governance matters, including the election of all 13 director nominees and the ratification of Ernst & Young LLP as the independent auditor for fiscal year 2023. Additionally, shareholders approved the 2023 Marriott International, Inc. Stock and Cash Incentive Plan, which is crucial for attracting and retaining executive talent. Furthermore, the meeting addressed executive compensation and shareholder proposals. The advisory vote on executive compensation ('Say-on-Pay') received substantial support, and shareholders voted to hold these advisory votes annually. However, two shareholder proposals, one concerning partnerships with globalist organizations and another regarding pay equity disclosure, did not receive majority approval. These outcomes suggest shareholder confidence in the current leadership and compensation structure, while also reflecting differing views on specific social and governance initiatives.

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MARRIOTT INTERNATIONAL INC /MD/ 8-K Report, Financial Results (May 2, 2023)

May 2, 2023

Marriott International, Inc. (MAR) filed an 8-K on May 2, 2023, primarily to announce its financial results for the first quarter ended March 31, 2023. The filing incorporates by reference a press release (Exhibit 99) detailing these results. While the 8-K itself doesn't provide the specific figures, the attached press release is the key document for investors to understand the company's performance during the quarter. Investors should review the press release for critical metrics such as revenue, comparable system-wide RevPAR (Revenue Per Available Room), occupancy rates, net income, and earnings per share (EPS). These indicators will provide insight into Marriott's operational strength, pricing power, and overall profitability in the post-pandemic travel recovery landscape. The filing serves as the official notification of these results, triggering further analysis of the company's financial health and future outlook.

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MARRIOTT INTERNATIONAL INC /MD/ Quarterly Report for Q1 Ended Mar 31, 2023

May 2, 2023

Marriott International Inc. reported a strong first quarter in 2023, demonstrating significant recovery and growth compared to the prior year. Net income more than doubled year-over-year, reaching $757 million, or $2.43 per diluted share, driven by robust fee revenue growth. This performance was underpinned by a substantial increase in worldwide RevPAR (Revenue per Available Room) of 34.3%, fueled by both improved occupancy and average daily rates across all segments, including a particularly strong rebound in international markets. The company's asset-light business model continues to be a key driver, with gross fee revenues rising 39% to $1,133 million. This growth was supported by expanding room additions and a healthy development pipeline. Marriott also returned significant capital to shareholders through share repurchases totaling $1.1 billion and paid a quarterly dividend, signaling confidence in its ongoing financial strength and future prospects. The acquisition of the City Express brand portfolio in May 2023 further signals strategic expansion.

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MARRIOTT INTERNATIONAL INC /MD/ 8-K Report, Corporate Update (Mar 27, 2023)

Mar 27, 2023

Marriott International, Inc. (MAR) announced on March 27, 2023, the closing of an offering of $800,000,000 aggregate principal amount of its 4.900% Series KK Notes due 2029. The company received net proceeds of approximately $783 million after underwriting discounts and expenses. These funds are intended for general corporate purposes, including potential investments in working capital, capital expenditures, acquisitions, share buybacks, or debt repayment. This debt issuance provides Marriott with additional capital flexibility. Investors should note the fixed interest rate of 4.900% and the maturity date of April 15, 2029. The company's ability to use these proceeds for various strategic initiatives, such as acquisitions or share repurchases, suggests a proactive approach to capital management and potential future growth or shareholder return.

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MARRIOTT INTERNATIONAL INC /MD/ 8-K Report, Executive Changes (Mar 15, 2023)

Mar 15, 2023

Marriott International, Inc. announced a significant expansion of its Board of Directors with the appointment of two new independent directors, Lauren R. Hobart and Grant F. Reid, effective March 15, 2023. This move increases the board size to fourteen members and signals a strategic enhancement of the company's governance structure. Both new directors are expected to be nominated for election at the upcoming 2023 Annual Meeting of Stockholders, indicating a long-term commitment from the company. Investors can view this as a positive step towards strengthening the board's expertise and oversight. The company has also detailed the standard compensation for these non-employee directors, including an annual retainer and deferred share awards, aligning with its existing director compensation program. This filing also includes a furnished press release that likely provides further context on the backgrounds and qualifications of Ms. Hobart and Mr. Reid.

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MARRIOTT INTERNATIONAL INC /MD/ Annual Report, Year Ended Dec 31, 2022

Feb 14, 2023

Marriott International, Inc. reported a strong recovery in its 2022 fiscal year, demonstrating significant improvement in revenue and profitability compared to the previous year, driven by the continued rebound in global lodging demand following the COVID-19 pandemic. The company's asset-light business model, focused on management and franchising, proved resilient, with net fee revenues increasing by a substantial 52% year-over-year. This growth was primarily fueled by strong performance in both the U.S. & Canada and International segments, with RevPAR (Revenue per Available Room) showing robust recovery, particularly in the latter half of the year, exceeding pre-pandemic 2019 levels by the fourth quarter. The company also saw continued system growth, adding nearly 400 properties and over 65,000 rooms in 2022, with a robust development pipeline indicating future expansion potential. Marriott's strategic focus on its Marriott Bonvoy loyalty program and direct booking channels continues to be a key driver of customer engagement and revenue. The company is actively returning capital to shareholders through share repurchases and dividends, reflecting confidence in its financial position and future outlook. While global economic uncertainties and potential headwinds like inflation and labor market dynamics are acknowledged, Marriott's diversified brand portfolio, strong market presence, and ongoing investments in technology and associate development position it well for continued growth in the evolving hospitality landscape.

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MARRIOTT INTERNATIONAL INC /MD/ 8-K Report, Financial Results (Feb 14, 2023)

Feb 14, 2023

Marriott International, Inc. (MAR) filed an 8-K on February 14, 2023, primarily to announce its financial results for the fourth quarter and full year ended December 31, 2022. The accompanying press release, furnished as an exhibit, provides the details of these results, which are crucial for investors to assess the company's performance and outlook. Investors should review this press release for key metrics such as revenue, RevPAR (Revenue Per Available Room), net income, and any forward-looking guidance provided by management. In addition to the financial results, the filing also disclosed the planned retirement of Craig S. Smith, Group President, International, effective February 24, 2023. While this represents a change in leadership within a key international segment, the primary focus for most investors will likely be on the financial performance reported. The departure's impact, if any, on ongoing international operations and strategy will be important to monitor, though it is not detailed in this specific 8-K.

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MARRIOTT INTERNATIONAL INC /MD/ 8-K Report, Executive Changes (Feb 10, 2023)

Feb 10, 2023

Marriott International, Inc. (MAR) announced a key leadership change via an 8-K filing on February 10, 2023. Effective February 24, 2023, current Chief Executive Officer (CEO) Anthony G. Capuano will assume the additional title of President. This appointment follows the departure of Stephanie Linnartz, who is leaving her role as President to become the CEO of Under Armour. Mr. Capuano's expanded responsibilities will see him leading both the CEO and President functions of Marriott.