secwatch.observer — SEC 8-K summary
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Issuer:     MARRIOTT INTERNATIONAL INC /MD/ (MAR)
CIK:        0001048286
Form:       8-K
Filed at:   2022-02-15T23:59:59+00:00
Accession:  0001628280-22-002652
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Marriott Q4 2021: adjusted EPS $1.30, RevPAR up 124.5% YoY but still 19% below 2019
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- Reported diluted EPS $1.42 vs loss $0.50 YoY; adjusted EPS $1.30 vs $0.12.
- Worldwide RevPAR +124.5% YoY, but declined 19% vs 2019; U.S. & Canada -15.3% vs 2019.
- Net income $468M vs loss $164M; adjusted EBITDA $741M vs $317M.
- Net rooms grew 3.9% in 2021; pipeline ~485k rooms; 2022 net rooms growth expected 3.5-4%.
- CEO optimistic for continued recovery in 2022; potential cash return to shareholders later in 2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1048286/000162828022002652/0001628280-22-002652-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1048286/000162828022002652/mar-20220215.htm
  HTML page:      https://secwatch.observer/filing/0001628280-22-002652

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer