Marriott International has reported another quarter of impressive performance, reinforcing its position as a leader in the global hospitality industry. The hotel giant’s third-quarter 2025 financial results exceeded expectations, showcasing steady growth across luxury properties, franchise operations, and international markets.
During the quarter, operating income surged to $1.18 billion, up from $944 million in the same period last year. Net income climbed 25% year-over-year to reach $752 million, while diluted earnings per share increased to $2.67, compared to $2.07 in 2024. Adjusted EBITDA rose 10% to $1.349 billion, reflecting continued profitability and operational efficiency.
While global RevPAR (Revenue per Available Room) inched up 0.5%, performance varied across regions. The U.S. and Canada experienced a slight 0.4% dip, largely due to slower business travel recovery. However, the international and luxury segments remained resilient, with luxury hotels recording a 4% increase in RevPAR, driven by strong leisure and group travel demand.
A key highlight of the quarter was Marriott’s rapid global expansion. The company added nearly 18,000 new rooms across its 30 brands, boosting its portfolio to more than 9,700 properties worldwide. Management and franchise fees — a cornerstone of Marriott’s asset-light model — grew 6%, underlining the strength and profitability of its brand ecosystem.
In addition to strong financial results, Marriott continued to innovate and diversify its portfolio. The company recently completed its acquisition of CitizenM, a modern lifestyle hotel brand known for its tech-savvy, design-forward approach. It also introduced The Series by Marriott, a conversion-friendly brand designed to help independent hotels transition seamlessly into the Marriott family.
Another major development was the launch of the Outdoor Collection by Marriott Bonvoy, expanding the brand’s reach into experiential travel with unique outdoor accommodations such as cabins, lodges, and safari retreats. This move taps into the growing global demand for authentic, nature-driven travel experiences.
Marriott’s digital presence also continues to strengthen, with Marriott Bonvoy, the company’s global loyalty program, surpassing 200 million members. The program remains a crucial driver of customer engagement and retention, offering personalized experiences across luxury, premium, and select service brands.
Looking ahead, Marriott remains confident in its long-term strategy. The company forecasts RevPAR growth of 1–2% for Q4 2025 and full-year growth between 1.5% and 2.5%. It also expects net rooms growth of about 5%, reflecting a healthy development pipeline supported by rising travel demand and franchise interest.
“Our third quarter results demonstrated continued strong execution of our growth strategy and the power of our brands,” said Anthony Capuano, President and CEO of Marriott International. “We delivered another quarter of robust rooms growth, development signings, and profit gains. As we expand globally, we remain focused on enhancing guest experiences and driving long-term value for our owners and shareholders.”
With a focus on innovation, expansion, and customer experience, Marriott’s strong third-quarter performance highlights not just recovery, but reinvention — positioning the company for continued leadership in the evolving world of hospitality.
