By Connor Hart
Marriott International logged higher revenue in the fourth quarter, boosted by solid international travel trends and continuing strength in the company's luxury segment.
The hotel company on Tuesday posted a profit of $445 million, or $1.65 a share, compared with $455 million, or $1.63 a share, a year earlier. The company had 269.4 million outstanding diluted shares at the end of the recent quarter, down from 280.1 million a year ago.
Stripping out certain one-time items, earnings were $2.58 a share. Analysts surveyed by FactSet were looking for adjusted earnings of $2.60 a share.
Revenue climbed 4.1% to $6.69 billion, just ahead of Wall Street models for $6.67 billion.
Global revenue per available room--a key industry metric--was up 1.9%, as 6.1% growth in international markets offset a 0.1% decline in the U.S. and Canada.
Chief Executive Officer Anthony Capuano said solid leisure transient and cross-border travel supported international trends, while U.S. and Canada travel trends were hurt by the extended U.S. government shutdown.
"Globally, our luxury hotels continued to outperform during the quarter," he added.
Looking ahead, Marriott guided for revenue per available room to rise 1% to 2% in the first quarter compared with a year earlier. For the year, revenue per available room is projected to rise 1.5% to 2.5%.
Analysts expected revenue per available room to be up 2% in the current quarter and 2.2% for the year.
First-quarter adjusted earnings are expected to be between $2.50 and $2.55 a share, compared with analysts' views for $2.48 a share. For 2026, the company called for adjusted earnings of $11.32 to $11.57 a share, compared with Wall Street models for $11.37 a share.
Write to Connor Hart at connor.hart@wsj.com
(END) Dow Jones Newswires
February 10, 2026 07:39 ET (12:39 GMT)
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