Marriott Q4 2022 EPS beats, RevPAR up 29% YoY; Group President Craig Smith retiring

MARRIOTT INTERNATIONAL INC /MD/

2022-FY EPS reported $7.24 revenue$20,773,000,000

Q4 reported diluted EPS $2.12 (vs $1.42 prior year); adjusted EPS $1.96 (vs $1.30).
Q4 worldwide RevPAR +28.8% constant $ YoY; +4.6% vs 2019 Q4; ADR up 13%.
Full-year 2022 net rooms growth 3.1%; pipeline 496k+ rooms; returned $2.9B to shareholders.
Q1 2023 RevPAR guidance 30-32% growth; full year 6-11%; adjusted EPS $1.82-$1.88.
Craig S. Smith, Group President International, retiring Feb 24, 2023 after 35 years.

item 2.02 item 5.02 item 9.01

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Departed

Craig S. Smith

Group President, International

MAR · MARRIOTT INTERNATIONAL INC /MD/

Effective: 2023-02-24
Filed: February 14, 2023, 6:59 PM ET

On February 10, 2023, Craig S. Smith, Group President, International of Marriott informed Marriott that he has decided to retire effective February 24, 2023.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 1.0

Craig S. Smith retired as Group President, International at MARRIOTT INTERNATIONAL INC /MD/.

Action: retired
Role: Group President, International

Exact text from the filing

On February 10, 2023, Craig S. Smith, Group President, International of Marriott informed Marriott that he has decided to retire effective February 24, 2023.

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Source: SEC EDGAR

accession 0001628280-23-003441

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