{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-23-033068","form_type":"8-K","ticker":"MAR","cik":"0001048286","company_name":"MARRIOTT INTERNATIONAL INC /MD/","filed_at":"2023-09-27T23:59:59+00:00","discovered_at":"2026-05-14T18:03:33.012165+00:00","generated_at":"2026-06-10T08:02:49.002248+00:00","sec_items":["7.01","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Marriott targets $10.10-$11.45 adj. EPS by 2025 at analyst day; outlines $11.7-$13.6B shareholder returns","bullets":["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."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-23-033068","json":"https://secwatch.observer/filing/0001628280-23-033068.json","markdown":"https://secwatch.observer/filing/0001628280-23-033068.md","text":"https://secwatch.observer/filing/0001628280-23-033068.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1048286/000162828023033068/0001628280-23-033068-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1048286/000162828023033068/mar-20230927.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-10T08:02:49.002248+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}