Schwab Network on $MAR (Nov 2, 2026)

Marriott's latest quarterly results suggest that customers aren't backing down from their experience , which beat expectations in both revenue and profit, and investors are reciprocating with a big rise this morning.

The share price is up more than 8 percent, even close to 8.25 percent, up around 7 percent, and they are reviewing it, but it is definitely moving rapidly.

Adjusted earnings per share were $3.02. The market expectation was $2.84, so this is a pretty big achievement in terms of profit. In terms of revenue, revenue came in at a little over $7 billion.

It was better than expected. The market expectation was $6.92 billion. This is 8 percent more. Once again, this is ahead of expectations.

Global revenue per available room increased by 6.5 percent, reflecting room rates and hotel occupancy. The United States and Canada saw a very strong growth of 7.4 percent. There has been growth across all customer groups and hotel price categories.

International 'rev par', or revenue per available room, increased by 4.4 percent. On an international basis, it was led by the Asia Pacific region. So once again , the US and Canada have shown quite a strong position.

This suggests that customers are not turning their backs on their travel.

Marriott is clearly in competition with both Hilton and Hyatt in developing AI tools. So they are using AI tools as part of their strategy to attract customers. More direct bookings can reduce reliance on third parties like Expedia or Booking.com.

But again, the bottom line is that there is healthy demand within Marriott and especially in North America,