other material
confidence high
sentiment positive
materiality 0.65
Marriott targets $10.10-$11.45 adj. EPS by 2025 at analyst day; outlines $11.7-$13.6B shareholder returns
MARRIOTT INTERNATIONAL INC /MD/
- Net rooms to grow 5.0-5.5% CAGR (230k-270k additions), reaching ~1.8M rooms by 2025.
- Adjusted diluted EPS CAGR of 10-15% to $10.10-$11.45 in 2025; 2023 outlook reiterated.
- Adjusted EBITDA target of $5.2-$5.7B by 2025, implying 7-10% two-year CAGR.
- Plans $1.9-$2.0B dividends (25% payout) and $9.8-$11.6B in buybacks over three years.
- Growth priorities: midscale (City Express, StudioRes, Four Points Express), extended stay, luxury (225-pipeline), conversions.