The company said comparable systemwide constant dollar RevPAR for Q4 2023 rose 7.2% worldwide, 3.3% in the U.S. & Canada and 17.4% in international markets. Reported net income for the same quarter was $848 million, compared with $673 million in the year-ago quarter, a 26% increase.

1. 01

   The company said comparable systemwide constant dollar RevPAR for Q4 2023 rose 7.2% worldwide, 3.3% in the U.S. & Canada and 17.4% in international markets. Reported net income for the same quarter was $848 million, compared with $673 million in the year-ago quarter, a 26% increase.

2. 02

   The company said adjusted EBITDA for Q4 2023 was $1,197 million, up 10% from $1,090 million a year earlier. Adjusted diluted EPS was $3.57, compared with $1.96 in the year-ago period.

3. 03

   Marriott said it added nearly 81,300 rooms worldwide in 2023, and net rooms grew 4.7% from year-end. The company said its year-end development pipeline comprised 3,379 properties and roughly 573,000 rooms.

4. 04

   Marriott said it repurchased 21.5 million shares of common stock in 2023 for $3.9 billion, including 4.7 million shares for $965 million in Q4. The company said it returned more than $4.5 billion to shareholders through dividends and share repurchases in 2023.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the opening part of the filing body and confirmed exhibits, within a length limit. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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