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Marriott Boosts Profit Forecast After Strong Q3 Earnings

11/5/2025

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Story summary
  • On November 4, 2025, Marriott International raised its full-year profit forecast after beating Q3 estimates.
  • Shares rose 2% in morning trading.
  • Marriott reported a 3.5% rise in U.S. and Canada luxury room revenue, while global government-spending revenue fell 14% due to budget cuts.
  • CFO Leeny Oberg said higher-end hotels are expected to outperform lower-end options.
  • Marriott posted adjusted earnings per share of $2.47, above the $2.39 estimate.