Marriott said reported net income for Q2 2024 totaled $772 million, up from $726 million a year earlier, and reported diluted EPS was $2.69, compared with $2.38 a year earlier.

1. 01

   Marriott said reported net income for Q2 2024 totaled $772 million, up from $726 million a year earlier, and reported diluted EPS was $2.69, compared with $2.38 a year earlier.

2. 02

   The company said comparable systemwide constant dollar RevPAR rose 4.9% worldwide in Q2. Base management and franchise fees were $1,148 million, and incentive management fees were $195 million.

3. 03

   Marriott said Adjusted EBITDA for Q2 2024 was $1,324 million, Q2 2023 $1,219 million, and adjusted net income was $716 million, compared with $690 million.

4. 04

   The company said it repurchased 4.1 million shares for $1.0 billion in Q2. It put its full-year 2024 capital return to shareholders at approximately $4,300 million. The company said full-year Adjusted EBITDA was $4,950 million to $5,015 million.

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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