Marriott International, Inc. (MAR) recently boosted investors’ sentiments with a 21.2% hike in its quarterly cash dividend payments.The board of directors of this worldwide hospitality company approved a quarterly dividend payout of 63 cents per share ($2.52 per share annually), up from the previous dividend payout of 52 cents per share ($2.08 per share annually). The amount will be paid out on Jun 28, 2024, to shareholders of record as of May 24. Based on the closing price of $240.46 per share on May 10, t ...

BETHESDA, Md., May 10, 2024 /PRNewswire/ -- Marriott International, Inc. (Nasdaq: MAR) today announced that its board of directors declared a quarterly cash dividend of 63 cents per share of common stock, which represents a 21 percent increase over the previous quarterly dividend amount of 52 cents per share and reflects the company's earnings growth and strong cash generation. The dividend is payable on June 28, 2024, to shareholders of record as of the close of business on May 24, 2024. Marriott Internati ...

Marriott International saw its revenue per available room (RevPAR) increase 4.2% year-over-year during the first quarter, driven largely by growth in international markets.The hotel chain saw its RevPAR grow 1.5% in the United States and Canada and 11.1% in international markets, according to a Wednesday (May 1) earnings release.“While overall industry RevPAR growth is normalizing post-COVID, we continue to gain RevPAR index across our portfolio and increase our market share of global hotels,” Marriott Pres ...

Marriott International, Inc. (MAR) reported mixed first-quarter 2024 results, with earnings missing the Zacks Consensus Estimate and revenues beating the same. The top and the bottom line increased on a year-over-year basis.During the quarter, the company reported benefits from strong revenue per available room (RevPAR) gains, net rooms growth and an asset-light business model. Also, strong contributions from the group business added to the positives. The company reported strength in The Marriott Bonvoy loy ...

财务数据和关键指标变化 - 第一季度全球RevPAR增长4.2%,其中ADR增长约3%,入住率达到近66%,同比增加近100个基点 [9] - 公司在各个客户群体(团队、休闲、商务)中都实现了RevPAR增长 [10] - 第一季度总毛费收入同比增长7%至12.1亿美元,激励管理费(IMF)同比增长4%至2.09亿美元 [20] - 第一季度调整后EBITDA同比增长4%至近11.4亿美元 [20] 各条业务线数据和关键指标变化 - 团队业务占全球客房量的24%,RevPAR同比增长6% [10] - 休闲业务占全球客房量的42%,RevPAR同比增长4% [10] - 商务业务占全球客房量的34%,RevPAR同比增长1% [10] 各个市场数据和关键指标变化 - 美国和加拿大地区RevPAR增长1.5%,主要得益于大型企业客户需求的强劲增长 [18] - 国际市场RevPAR增长11%,其中亚太地区增长16.5%,拉美和加勒比地区增长近12%,欧洲中东非洲地区增长10% [19] - 大中华区RevPAR增长6%,1-2月份增长10%,3月份有所放缓 [19] 公司战略和发展方向及行业竞争 - 公司正在进行为期多年的数字化和技术转型,预计明年开始向酒店物业推广新的云端系统 [11] - 万豪会员人数达到2.03亿,会员渗透率创新高,达到美加地区70%和全球64% [11] - 公司在第一季度新增46,000间客房,增长7.1%,并推出了万豪会员计划与MGM酒店集团的合作 [12][13] - 公司在大中华区和亚太地区的签约增长强劲,转换式交易占全球签约的30% [13][14] - 公司正在推出三个新的中端品牌:City Express by Marriott、Four Points Express和StudioRes,受到开发商的广泛关注 [14] 管理层对经营环境和未来前景的评论 - 公司对2024年的整体旅游需求保持乐观,预计全年全球RevPAR增长3%-5% [21] - 国际市场的RevPAR增长预期高于美国和加拿大,公司上调了全年调整后EBITDA和调整后每股收益的指引 [22][24] - 公司对未来三年5%-5.5%的净客房复合年增长率保持信心 [24] - 公司将继续保持投资级评级,并通过股息和股票回购向股东返还超额资本 [25][26] 问答环节重要的提问和回答 问题1 **Shaun Kelley 提问** 询问公司在中国市场的表现情况,特别是一季度3月份的趋势以及对开发管线的影响 [30] **Leeny Oberg 回答** 公司在中国一季度整体表现良好,1-2月份增长10%,3月有所放缓,但整体仍增长6%。开发管线未受影响,一季度在大中华区和亚太地区的签约增长强劲 [31][32][33] 问题2 **Stephen Grambling 提问** 询问公司调整后EBITDA指引上调的主要原因 [39] **Leeny Oberg 回答** 主要来自于国际市场激励管理费(IMF)的超预期表现,约占75%,其余来自于非RevPAR相关的费用增长 [40][41][42] 问题3 **Joe Greff 提问** 询问公司对2024年及以后年度团队业务的展望 [46] **Leeny Oberg 回答** 公司预计2024年团队业务仍将是最强劲的细分市场,同时商务出差和休闲出行也将持续改善,但休闲出行增速相对较慢 [47][48][49]

RevPAR增长情况 - 2024年第一季度，全球RevPAR较2023年同期增长4.2%[32] - 2024年第一季度，美国和加拿大地区RevPAR增长1.5%[32] - 2024年第一季度，欧洲、中东和非洲地区RevPAR增长10.1%[32] - 2024年第一季度，大中华地区RevPAR增长6.0%[32] - 2024年第一季度，亚太地区（不含中国）RevPAR增长16.5%[32] - 2024年第一季度，加勒比海和拉丁美洲地区RevPAR增长11.6%[32] 全球系统房间增长率预测 - 全球系统房间增长率预计为5.5%至6.0%[35] 费用增长情况 - 2024年第一季度，基本管理费增长主要反映出RevPAR的增加[39] - 2024年第一季度，特许费增长主要反映出单位增长、RevPAR的提高以及非RevPAR相关的特许费增加[40] - 2024年第一季度，激励管理费增长主要反映出国际管理酒店利润的增加[40] - 2024年第一季度，净费用收入在所有部门均有增长，主要反映出RevPAR和单位增长[45] 资金状况 - 2024年第一季度，现金、现金等价物和受限现金总额为4.48亿美元，较2013年年底增加8.2亿美元[50] 公司股票回购情况 - 2024年第一季度，公司回购了价值12亿美元的480万股普通股[52]

文章核心观点 - 公司本季度收入为59.8亿美元,同比增长6.5% [1] - 每股收益为2.13美元,与去年同期的2.09美元相比有所增长 [1] - 公司的主要财务指标如可比系统范围内国际物业全球平均客房收益率(REVPAR)、客房数量等均有不同程度的变化,与分析师预期存在一定差异 [5][6][7][8][9][10][11][12] 根据相关指标分别进行总结 收入相关指标 - 可比系统范围内国际物业全球平均客房收益率(REVPAR)为143美元,高于分析师平均预期的122美元,同比增长6.3%,高于预期的4.7% [5][6] - 管理客房数为566,944间,低于分析师预期的585,246间 [6] - 特许经营客房数为1,049,173间,高于分析师预期的1,009,310间 [6] - 合同投资摊销收入为-2300万美元,高于分析师预期的-2078万美元,同比增长9.5% [7] - 总收费收入为12.1亿美元,与分析师预期一致,同比增长6.8% [8] - 净收费收入为11.9亿美元,与分析师预期一致,同比增长6.7% [8] - 自有、租赁及其他收入为3.57亿美元,与分析师预期基本一致,同比增长0.3% [9] - 特许经营费收入为6.88亿美元,高于分析师预期的6.81亿美元,同比增长7.7% [9] - 激励管理费收入为2.09亿美元,略低于分析师预期的2.0967亿美元,同比增长4% [10] - 成本报销收入为44.3亿美元,与分析师预期一致,同比增长6.9% [11] - 基础管理费收入为3.13亿美元,略低于分析师预期的3.1516亿美元,同比增长6.8% [12]

NEWS MARRIOTT INTERNATIONAL REPORTS FIRST QUARTER 2024 RESULTS • First quarter 2024 comparable systemwide constant dollar RevPAR increased 4.2 percent worldwide, 1.5 percent in the U.S. & Canada, and 11.1 percent in international markets, compared to the 2023 first quarter; • First quarter reported diluted EPS totaled $1.93, compared to reported diluted EPS of $2.43 in the year-ago quarter. First quarter adjusted diluted EPS totaled $2.13, compared to first quarter 2023 adjusted diluted EPS of $2.09; • Firs ...

Marriott International, Inc. (MAR) is scheduled to release first-quarter 2024 results on May 1, 2024, before the opening bell. In the last reported quarter, the company registered an earnings surprise of 68.4%.The Trend in Estimate RevisionThe Zacks Consensus Estimate for the first-quarter bottom line is pegged at $2.17 per share, indicating growth of 3.8% from $2.09 reported in the year-ago quarter.For revenues, the consensus mark is pegged at nearly $6 billion, suggesting growth of 6.4% from the prior-yea ...

Wall Street analysts expect Marriott International (MAR) to post quarterly earnings of $2.17 per share in its upcoming report, which indicates a year-over-year increase of 3.8%. Revenues are expected to be $5.97 billion, up 6.4% from the year-ago quarter.Over the last 30 days, there has been a downward revision of 0.2% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of thi ...