secwatch.observer — SEC 8-K summary
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Issuer:     MARRIOTT INTERNATIONAL INC /MD/ (MAR)
CIK:        0001048286
Form:       8-K
Filed at:   2022-05-04T23:59:59+00:00
Accession:  0001628280-22-012143
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Marriott Q1 net income $377M vs loss $11M YoY; reinstates $0.30 dividend
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- Reported diluted EPS $1.14 vs -$0.03; adjusted diluted EPS $1.25 vs $0.10 YoY.
- Worldwide RevPAR +96.5% vs Q1 2021; -19.4% vs Q1 2019; U.S.&Canada RevPAR -14.5% vs 2019.
- Adjusted EBITDA $759M, up from $296M in Q1 2021.
- Board declares $0.30/share quarterly dividend, payable June 30, 2022, record May 16, 2022.
- Added ~11,800 rooms in Q1; development pipeline ~489,000 rooms.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1048286/000162828022012143/0001628280-22-012143-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1048286/000162828022012143/mar-20220504.htm
  HTML page:      https://secwatch.observer/filing/0001628280-22-012143

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