Resort chain Marriott Worldwide, Inc. (NASDAQ: MAR) on Tuesday reported a rise in income and adjusted earnings for the primary quarter of 2025.
- Complete revenues elevated 5% year-over-year to $6.26 billion within the first quarter from $6.00 billion a yr earlier
- Income Per Accessible Room moved up by 4.1% worldwide in Q1, with 3.3% development within the U.S. & Canada and 5.9% development in worldwide markets
- Q1 web revenue rose to $665 million or $2.39 per share from $564 million or $1.93 per share within the year-ago quarter
- On an adjusted foundation, March-quarter earnings superior to $2.32 per share from $2.13 per share in Q1 2024
- First quarter adjusted EBITDA totaled $1.22 billion, which is up 7% from the year-ago quarter
- Marriot added round 12,200 web rooms through the quarter, representing a 4.6% development from the tip of the primary quarter of 2024
- On the finish of the quarter, the worldwide growth pipeline totaled round 3,800 properties and over 587,000 rooms, up 7.4% year-over-year
- The board repurchased 2.8 million shares for $0.8 billion in Q1 FY25; the corporate has returned over $1.2 billion to shareholders by way of dividends and share year-to-date
