secwatch.observer — SEC 8-K summary
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Issuer:     MARRIOTT INTERNATIONAL INC /MD/ (MAR)
CIK:        0001048286
Form:       8-K
Filed at:   2022-08-02T23:59:59+00:00
Accession:  0001628280-22-020030
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Marriott Q2 2022: RevPAR surpasses 2019 in June; adjusted EPS $1.80 vs $0.79 YoY
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- Second quarter RevPAR up 70.6% YoY worldwide; June RevPAR exceeded 2019 levels for the first time.
- Reported net income $678M ($2.06 diluted EPS); adjusted net income $593M ($1.80 adjusted diluted EPS).
- Adjusted EBITDA $1,019M, nearly double prior year; Q2 room additions of ~17k, 25% conversions.
- Resumed share repurchases: 1.9M shares for $300M in Q2; plans to return >$2.2B to shareholders in 2022.
- Q3 2022 RevPAR guidance: flat to +3% vs 2019 worldwide; full year RevPAR -6% to -3% vs 2019.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1048286/000162828022020030/0001628280-22-020030-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1048286/000162828022020030/mar-20220802.htm
  HTML page:      https://secwatch.observer/filing/0001628280-22-020030

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