Marriott International Reports First Quarter 2025 Results
/First quarter 2025 RevPAR[1] increased 4.1 percent worldwide, with 3.3 percent growth in the U.S. & Canada and 5.9 percent growth in international markets
First quarter reported diluted EPS totaled $2.39 and adjusted diluted EPS totaled $2.32
First quarter reported net income totaled $665 million and adjusted net income totaled $645 million
First quarter adjusted EBITDA totaled $1,217 million
The company added roughly 12,200 net rooms during the quarter and net rooms grew 4.6% from the end of the first quarter of 2024
At the end of the quarter, Marriott’s worldwide development pipeline totaled approximately 3,800 properties and over 587,000 rooms, up 7.4% year-over-year
The company repurchased 2.8 million shares of common stock for $0.8 billion in the 2025 first quarter. Year to date through April 29, the company has returned over $1.2 billion to shareholders through dividends and share repurchases