Marriott raises 2026 room revenue growth forecast

MARRIOTT INTERNATIONAL raised its 2026 room revenue growth forecast to 2% to 3% following strong demand in the United States. The hotel operator previously expected revenue per available room (RevPAR) to grow between 1.5% and 2.5%. Resilient luxury spending and upcoming international events signal a recovery in travel budgets after a year of inflationary pressure.

Marriott shares rose 1.3% during the morning. The revision follows data from the U.S. Travel Association showing March travel spending grew at its fastest pace in 12 months. Luxury properties in the U.S. and Canada led the performance with RevPAR increasing 6.8% in the first quarter.