Sean Tresvant
elected Sean Tresvant to the Board, effective February 12, 2025.
Highest-materiality recent filing
Marriott Q1 RevPAR up 4.2%, Adj EPS $2.72, pipeline record 618K rooms
Adjusted diluted EPS $2.72 vs. $2.32 YoY; reported EPS $2.43, net income $648M.
Marriott issues $1.45B in senior notes: $600M 4.500% due 2033, $850M 5.100% due 2038
Issued $600M 4.500% Series WW Notes due 2033 and $850M 5.100% Series XX Notes due 2038.
Marriott Q4 adj. EPS $2.58, RevPAR +1.9%; FY2026 guide: RevPAR +1.5-2.5%, capital returns >$4.3B
Q4 adj. EBITDA $1,402M (+9% YoY); adj. diluted EPS $2.58 vs $2.45 YoY.
Liam Brown (Group President US & Canada) and Brian King (President Enterprise Transformation & CALA) will retire, step down March 28, 2026, retire June 30, 2026.
Marriott Q3 adjusted EPS $2.47, RevPAR +0.5%, net rooms +4.7% YoY
Reported net income $728M (+25% YoY); adjusted EBITDA $1,349M (+10% YoY).
Marriott Q2 adjusted EPS $2.65 (vs $2.50); global RevPAR +1.5%, US/Canada flat
Q2 adjusted EPS $2.65, up 6% YoY; reported EPS $2.78 vs $2.69.
Marriott CFO Leeny Oberg to retire in 2026; Jen Mason named successor as CFO
CFO Oberg will step down after filing 2025 10-K and retire March 31, 2026; she served as CFO since 2016.
Marriott Q1 adjusted EPS $2.32, RevPAR +4.1%; announces citizenM acquisition
Reported diluted EPS $2.39; adjusted EPS $2.32; adjusted EBITDA $1,217M (+7% YoY).
Marriott Q4 RevPAR +5%, adjusted EPS $2.45, record room additions in 2024
Q4 worldwide RevPAR +5.0% YoY; U.S.&Canada +4.1%, international +7.2%.
Marriott Q3 adjusted EPS $2.26 beats year-ago $2.11; RevPAR up 3% globally
Adjusted diluted EPS $2.26 vs $2.11 YoY; GAAP EPS $2.07 due to $19M operating guarantee reserve and $11M litigation charge.
Marriott Q2 2024: RevPAR +4.9%, adjusted EPS $2.50 (beat), net income $772M, outlook narrowed
RevPAR worldwide +4.9% constant $; US&Canada +3.9%, international +7.4%.
Marriott Q1 adjusted EPS $2.13 beats $2.09 YoY; raises FY 2024 guidance
Q1 adjusted diluted EPS $2.13 vs $2.09 YoY; reported diluted EPS $1.93 vs $2.43.
Marriott Q4 adjusted EPS $3.57 vs $1.96 YoY; RevPAR up 7.2% globally
Q4 reported net income $848M, up 26% YoY; adjusted net income $1,055M.
Marriott Q3 adjusted EPS $2.11 vs $1.69 YoY; raises FY RevPAR growth guidance to 14-15%
Adjusted diluted EPS $2.11, up from $1.69; reported net income $752M vs $630M.
Net rooms to grow 5.0-5.5% CAGR (230k-270k additions), reaching ~1.8M rooms by 2025.
Marriott issues $1.15B in notes: $450M 5.45% due 2026, $700M 5.55% due 2028
Issued $450M aggregate principal of 5.450% Series LL Notes due Sept 15, 2026.
Marriott Q2 2023: Adjusted EPS $2.26 beats $1.80; raises full-year RevPAR & EPS guidance
Q2 reported EPS $2.38 (vs $2.06), adjusted EPS $2.26 (vs $1.80); RevPAR up 13.5% worldwide.
Marriott stockholders elect 13 directors, approve 2023 incentive plan, vote yearly on exec pay
All 13 director nominees elected; Eric Hippeau received most 'against' votes (92.9M).
Marriott Q1 adjusted EPS $2.09 beats $1.25; raises full-year RevPAR guidance
Reported diluted EPS $2.43; adjusted diluted EPS $2.09 vs $1.25 in Q1 2022.
Marriott Q4 2022 EPS beats, RevPAR up 29% YoY; Group President Craig Smith retiring
Q4 reported diluted EPS $2.12 (vs $1.42 prior year); adjusted EPS $1.96 (vs $1.30).
Marriott President Stephanie Linnartz resigns to become Under Armour CEO effective Feb. 24, 2023
Stephanie Linnartz, President since 2021, steps down after 25 years at Marriott.
Marriott Q3 RevPAR above 2019; EPS $1.94; ups shareholder return outlook
Q3 RevPAR +36.3% YoY, +1.8% vs 2019; U.S. & Canada RevPAR +3.5% vs 2019.
Marriott Q2 2022: RevPAR surpasses 2019 in June; adjusted EPS $1.80 vs $0.79 YoY
Second quarter RevPAR up 70.6% YoY worldwide; June RevPAR exceeded 2019 levels for the first time.
Marriott Q1 net income $377M vs loss $11M YoY; reinstates $0.30 dividend
Reported diluted EPS $1.14 vs -$0.03; adjusted diluted EPS $1.25 vs $0.10 YoY.
Marriott Q4 2021: adjusted EPS $1.30, RevPAR up 124.5% YoY but still 19% below 2019
Reported diluted EPS $1.42 vs loss $0.50 YoY; adjusted EPS $1.30 vs $0.12.
J.W. Marriott Jr. to retire as Executive Chairman and not stand for re-election at 2022 annual meeting; becomes Chairman Emeritus.
Marriott Q3 RevPAR down 26% vs 2019 but strong recovery; adjusted EPS $0.99
Comparable systemwide RevPAR +118.4% YoY, still down 25.8% vs Q3 2019; U.S. & Canada down 19.9% vs 2019.
Marriott prices $1B debt tender offer and issues $700M of 2.750% notes due 2033
Tender offer for up to $1B of three series (5.750% EE, 3.750% P, 3.750% V) priced; early settlement Sept 23.
Marriott Q2 2021: net income $422M, adj. EPS $0.79; RevPAR up 262.6% YoY
Reported net income $422M (diluted EPS $1.28) vs net loss $234M a year ago; adjusted net income $260M (adj. EPS $0.79).
elected Sean Tresvant to the Board, effective February 12, 2025.
increased the size of the Board to fourteen (14) members and elected Lauren R. Hobart and Grant F. Reid to the Board, effective March 15, 2023.
increased the size of the Board to fourteen (14) members and elected Lauren R. Hobart and Grant F. Reid to the Board, effective March 15, 2023.
On February 10, 2023, Craig S. Smith, Group President, International of Marriott informed Marriott that he has decided to retire effective February 24, 2023.
As previously announced, Stephanie Linnartz, the current President of Marriott, has resigned effective February 24, 2023 in order to accept the position of President and Chief Executive Officer of Under Armour, Inc.
On February 10, 2023, the Board of Directors (the “Board”) of Marriott International, Inc. (“Marriott” or the “Company”) appointed Anthony G. Capuano, currently the Chief Executive Officer (“CEO”) of Marriott and a member of the Board, to the additional role of President of Marriott, effective February 24, 2023.
On December 15, 2022, Stephanie Linnartz, President of Marriott International, Inc. (“Marriott”), submitted her resignation in order to accept the position of President and Chief Executive Officer of Under Armour, Inc.
J.W. Marriott, Jr. confirmed to the Board that he will not stand for re-election at the 2022 Annual Meeting.
Lawrence W. Kellner, who currently serves as Lead Director of the Board and chair of the Nominating and Corporate Governance Committee of the Board, informed the Board that he will not stand for re-election at the 2022 Annual Meeting.
The independent directors of the Board selected Frederick A. “Fritz” Henderson to succeed Mr. Kellner as Lead Director of the Board, effective immediately following the 2022 Annual Meeting.
The Board has elected David S. Marriott to succeed Mr. J.W. Marriott, Jr. as Chairman of the Board, effective immediately following the 2022 Annual Meeting.
Max materiality 0.85 · Median 0.62 · Most common event earnings