MAR - Why Marriott International Shares Are Falling Today | Benzinga
Marriott International (NASDAQ:MAR) reported fourth-quarter adjusted earnings per share of $3.57, beating the analyst consensus of $2.12.
The company reported revenue of $6.095 billion, missing the consensus of $6.20 billion.
Fourth quarter 2023 comparable systemwide constant dollar RevPAR increased 7.2% worldwide, 3.3% in the U.S. & Canada, and 17.4% in international markets, compared to the 2022 fourth quarter.
Adjusted EBITDA totaled $1.197 billion in the 2023 fourth quarter, compared to year-ago adjusted EBITDA of $1.090 billion.
Adjusted ...