secwatch.observer — SEC 8-K summary
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Issuer:     MARRIOTT INTERNATIONAL INC /MD/ (MAR)
CIK:        0001048286
Form:       8-K
Filed at:   2023-02-14T23:59:59+00:00
Accession:  0001628280-23-003441
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1048286/000162828023003441/0001628280-23-003441-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1048286/000162828023003441/mar-20230210.htm
  HTML page:      https://secwatch.observer/filing/0001628280-23-003441

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