Marriott International Smashes Q2 Records with Record-Breaking RevPAR Growth
Marriott International has announced a stellar second quarter, exceeding expectations with record-breaking revenue per available room (RevPAR) growth. The hospitality giant reported a 3.4% increase in global RevPAR, with even more impressive gains in the U.S. and Canada region, where RevPAR surged 5%, the highest quarterly increase in 13 quarters.
"We reported a very strong second quarter this morning, with RevPAR and financial results above our prior expectations," said Tony Capuano, President and Chief Executive Officer of Marriott International, during the company's Q2 2026 earnings call. "We grew net rooms by 4.5% over the 12 months ending June 30th, further expanding our industry-leading global portfolio to over 1.8 million rooms across more than 10,000 properties."
The strong performance was driven by a broad-based demand, with leisure RevPAR rising 5% globally and 7% in the U.S. and Canada. Group RevPAR also grew, up 3% globally and 4% in the U.S. and Canada, while business transient RevPAR rose 2% globally and 3% in the U.S. and Canada.
Marriott's luxury and resort hotels continued to lead the way, with luxury RevPAR up over 9% in the quarter. The company also experienced record global signings in the first half of the year, with its global pipeline growing nearly 7% year-over-year to a new record of approximately 629,000 rooms at the end of June.
"We led the industry with over 279,000 rooms under construction, including pending conversions," Capuano noted. "Conversions, including multi-unit deals, remain a significant driver of growth, representing 34% of signings and 40% of openings in the first half of the year."
While international RevPAR declined slightly year-over-year due to the conflict in the Middle East, Marriott's results were still impressive. RevPAR in EMEA declined just over 5%, as solid performance in Europe was offset by a meaningful decline in the Middle East. However, RevPAR in APAC rose over 5%, driven by strength in leisure demand and improved flight capacity.
Looking ahead, Marriott is raising its full year 2026 guidance range to 3%-3.5% global RevPAR growth, citing strong broad-based demand as the reason for the increase. The company's results are a testament to its continued leadership in the hospitality industry and its ability to adapt to changing market conditions."