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Marriott raises annual RevPAR guidance after strong Q2 results

Quartz +2 ·

Q Qnity Electronics Inc
$133.63 +1.60%
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  1. 1Marriott International (MAR) raised its annual revenue per available room (RevPAR) growth outlook after reporting stronger-than-expected Q2 results
  2. 2The company raised its 2026 global RevPAR growth to 3–3.5% year-over-year, up from the prior range of 2–3% at the high end, and lifted adjusted EPS guidance to $11.64–$11.81
  3. 3A 43% plunge in Middle East revenue pushed Q3 adjusted EPS guidance to $2.74–$2.82, missing the $2.87 estimate, and shares fell more than 4.5% in premarket trading

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