EL7.AI
StocksMediumUpdated×3•Originally published 2 November 2026•Updated 2 November 2026•
1 min read

Marriott Q3 Earnings Beat Estimates Driven by 13% Jump in Core Fees

Key Facts

1Marriott revenue was $7.01 billion, below analysts’ expectations of $7.04 billion.
2Core franchise and management fees rose 13% to $1.341 billion, from $1.190 billion in the third quarter of 2025.
3Reported net income rose 9% to $794 million, and diluted earnings per share were $3.04.
4Marriott raised its 2026 global revenue per available room growth forecast to 4.5%–5%.

Marriott International's third-quarter 2026 earnings exceeded analyst estimates, driven by a 13% year-over-year jump in core franchise and management fees to $1.341 billion. Reported diluted earnings per share reached $3.04, up from $2.67 in the third quarter of 2025, according to company results released via PR Newswire. The earnings beat came despite revenue of $7.01 billion falling short of the $7.04 billion expected by analysts, according to Zacks data reported by The Hour.

The company attributed the fee growth to higher revenue per available room (RevPAR) and co-branded credit card fees, with incentive management fees rising 22% to $181 million. Global RevPAR increased 6.5%, led by 7.4% growth in the U.S. and Canada. In financial markets, Marriott shares were trading at $399.30 on October 30, 2026, compared to the previous day's close of $399.65.

Marriott raised its full-year 2026 global RevPAR growth forecast to a range of 4.5%–5%, with adjusted earnings per share expected between $12.07 and $12.14. Additionally, the Bureau of Economic Analysis' advance estimate on October 29, 2026, showed U.S. GDP grew 3.4% in the third quarter, with a second estimate scheduled for release on November 25, 2026.

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