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MAR’s earnings beat the Zacks Consensus Estimate in three of the trailing four quarters and missed on one occasion, the average surprise being 2.5%.
Trend in the Estimate Revision of MAR
The Zacks Consensus Estimate for third-quarter earnings per share (EPS) is pegged at $2.87, indicating growth of 16.2% from $2.47 reported in the year-ago quarter.
For revenues, the consensus mark is pegged at nearly $7.04 billion. The metric implies a rise of 8.4% from the year-ago quarter’s figure. Let's look at how things might have shaped up in the to-be-reported quarter.
Factors Likely to Shape Marriott’s Q3 Results
Marriott is likely to have benefited from steady travel demand, favorable room pricing and continued strength in leisure bookings in the third quarter of 2026. In the United States and Canada, demand across hotel categories and customer segments is likely to have supported revenues, with the summer travel season and the final weeks of the FIFA World Cup potentially providing an additional lift in July.
Marriott's luxury and resort properties are likely to have remained important contributors, reflecting sustained demand for upscale travel experiences. Leisure activity across the Caribbean might have supported the Caribbean and Latin America region, while healthy domestic and international travel demand is likely to have benefited Asia Pacific excluding China.
In Europe, popular Mediterranean destinations continued to attract leisure travelers. Although the Middle East conflict has remained a challenge for the EMEA region, management expects its third-quarter performance to have improved from the preceding quarter. Against this backdrop, Marriott projects global revenue per available room (RevPAR) to grow 3.5-4% in the third quarter. Our model predicts third-quarter RevPAR in the United States and Canada to increase 0.7% year over year.
Growth in Marriott's global lodging system and recurring fee streams is also likely to have contributed to revenue growth. The company's development pipeline stood at approximately 629,000 rooms at the end of June 2026, representing an increase of nearly 7% year over year. Strong hotel signings and the conversion of existing properties to Marriott brands are likely to have strengthened its expansion prospects. Its broad brand portfolio and Marriott Bonvoy loyalty platform might also have helped attract hotel owners and encourage guest engagement.
Marriott's earnings are likely to have benefited from higher fee income, operating efficiencies and restrained corporate spending. Management expects adjusted EBITDA to increase 7-9% in the third quarter, reflecting anticipated revenue growth and the benefits of its asset-light operating structure. Efforts to simplify hotel operating standards, improve property-level productivity and use technology to streamline business processes might have helped contain costs.
The company's adoption of artificial intelligence and digital tools might also have supported more efficient revenue generation and workflow management. Furthermore, management's full-year forecast calls for general and administrative expenses to increase only 1-3% from 2025, indicating a focus on expense discipline. Nevertheless, spending on technology, hotel development and incentives designed to support hotel owners might have limited some of the potential improvement in profitability.
Marriott International, Inc. Price and EPS Surprise
Our proven model predicts an earnings beat for Marriott this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat, which is exactly the case here.
Earnings ESP for MAR: Marriott presently has an Earnings ESP of +1.56%. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.
Marriott’s Zacks Rank: The company currently has a Zacks Rank #3.
Other Stocks Poised to Beat on Earnings
Here are some other stocks from the Zacks Consumer Discretionary sector that investors may consider, as our model shows that these, too, have the right combination of elements to post an earnings beat.
PLNT’s earnings for the to-be-reported quarter are expected to remain flat. Planet Fitness reported better-than-expected earnings in each of the trailing four quarters, the average surprise being 9.3%.
Choice Hotels International, Inc. (CHH - Free Report) has an Earnings ESP of +0.19% and a Zacks Rank of 3 at present.
For the to-be-reported quarter, Choice Hotels is expected to register an 8.1% increase in earnings. Choice Hotels reported better-than-expected earnings in the trailing two out of the four quarters and missed twice, the average surprise being negative 4.8%.
Norwegian Cruise Line Holdings Ltd. (NCLH - Free Report) currently has an Earnings ESP of +0.72% and a Zacks Rank of 3.
For the to-be-reported quarter, Norwegian Cruise’s earnings are expected to decrease 23.33%. Norwegian Cruise reported better-than-expected earnings in each of the trailing four quarters, with the average surprise being 20%.
View the Zacks #1 Rank List
Image: Shutterstock
MAR Gears Up for Q3 Earnings: RevPAR and Fee Growth in Focus
Key Takeaways
Marriott International, Inc. (MAR - Free Report) is scheduled to report third-quarter 2026 results on Nov. 2, before the opening bell.
MAR’s earnings beat the Zacks Consensus Estimate in three of the trailing four quarters and missed on one occasion, the average surprise being 2.5%.
Trend in the Estimate Revision of MAR
The Zacks Consensus Estimate for third-quarter earnings per share (EPS) is pegged at $2.87, indicating growth of 16.2% from $2.47 reported in the year-ago quarter.
For revenues, the consensus mark is pegged at nearly $7.04 billion. The metric implies a rise of 8.4% from the year-ago quarter’s figure.
Let's look at how things might have shaped up in the to-be-reported quarter.
Factors Likely to Shape Marriott’s Q3 Results
Marriott is likely to have benefited from steady travel demand, favorable room pricing and continued strength in leisure bookings in the third quarter of 2026. In the United States and Canada, demand across hotel categories and customer segments is likely to have supported revenues, with the summer travel season and the final weeks of the FIFA World Cup potentially providing an additional lift in July.
Marriott's luxury and resort properties are likely to have remained important contributors, reflecting sustained demand for upscale travel experiences. Leisure activity across the Caribbean might have supported the Caribbean and Latin America region, while healthy domestic and international travel demand is likely to have benefited Asia Pacific excluding China.
In Europe, popular Mediterranean destinations continued to attract leisure travelers. Although the Middle East conflict has remained a challenge for the EMEA region, management expects its third-quarter performance to have improved from the preceding quarter. Against this backdrop, Marriott projects global revenue per available room (RevPAR) to grow 3.5-4% in the third quarter. Our model predicts third-quarter RevPAR in the United States and Canada to increase 0.7% year over year.
Growth in Marriott's global lodging system and recurring fee streams is also likely to have contributed to revenue growth. The company's development pipeline stood at approximately 629,000 rooms at the end of June 2026, representing an increase of nearly 7% year over year. Strong hotel signings and the conversion of existing properties to Marriott brands are likely to have strengthened its expansion prospects. Its broad brand portfolio and Marriott Bonvoy loyalty platform might also have helped attract hotel owners and encourage guest engagement.
Marriott's earnings are likely to have benefited from higher fee income, operating efficiencies and restrained corporate spending. Management expects adjusted EBITDA to increase 7-9% in the third quarter, reflecting anticipated revenue growth and the benefits of its asset-light operating structure. Efforts to simplify hotel operating standards, improve property-level productivity and use technology to streamline business processes might have helped contain costs.
The company's adoption of artificial intelligence and digital tools might also have supported more efficient revenue generation and workflow management. Furthermore, management's full-year forecast calls for general and administrative expenses to increase only 1-3% from 2025, indicating a focus on expense discipline. Nevertheless, spending on technology, hotel development and incentives designed to support hotel owners might have limited some of the potential improvement in profitability.
Marriott International, Inc. Price and EPS Surprise
Marriott International, Inc. price-eps-surprise | Marriott International, Inc. Quote
What Our Model Says About MAR Stock
Our proven model predicts an earnings beat for Marriott this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat, which is exactly the case here.
Earnings ESP for MAR: Marriott presently has an Earnings ESP of +1.56%. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.
Marriott’s Zacks Rank: The company currently has a Zacks Rank #3.
Other Stocks Poised to Beat on Earnings
Here are some other stocks from the Zacks Consumer Discretionary sector that investors may consider, as our model shows that these, too, have the right combination of elements to post an earnings beat.
Planet Fitness, Inc. (PLNT - Free Report) currently has an Earnings ESP of +0.53% and a Zacks Rank of 3. You can see the complete list of today’s Zacks #1 Rank stocks here.
PLNT’s earnings for the to-be-reported quarter are expected to remain flat. Planet Fitness reported better-than-expected earnings in each of the trailing four quarters, the average surprise being 9.3%.
Choice Hotels International, Inc. (CHH - Free Report) has an Earnings ESP of +0.19% and a Zacks Rank of 3 at present.
For the to-be-reported quarter, Choice Hotels is expected to register an 8.1% increase in earnings. Choice Hotels reported better-than-expected earnings in the trailing two out of the four quarters and missed twice, the average surprise being negative 4.8%.
Norwegian Cruise Line Holdings Ltd. (NCLH - Free Report) currently has an Earnings ESP of +0.72% and a Zacks Rank of 3.
For the to-be-reported quarter, Norwegian Cruise’s earnings are expected to decrease 23.33%. Norwegian Cruise reported better-than-expected earnings in each of the trailing four quarters, with the average surprise being 20%.