Marriott International Inc
Statements
Segments
US companies must disclose in their mandatory reports how revenue breaks down across business segments, regions and product lines. We read that breakdown for you straight from the annual and quarterly reports (10-K and 10-Q) of Marriott International Inc (MAR). It shows which part of the business is growing — and which one is holding it back.
Revenue by product line
| Segment | Q1 2025 | Q2 2025 | Q1 2026 | Q2 2026 |
|---|---|---|---|---|
| Cost reimbursement revenue | $4.66B 74.3% | $4.93B 73.1% | $4.84B 72.8% | $5.06B 71.5% |
| Net fee revenues | $1.25B 19.9% | $1.37B 20.3% | $1.40B 21.0% | $1.55B 21.9% |
| Owned, leased, and other revenue | $361.0M 5.8% | $441.0M 6.5% | $412.0M 6.2% | $466.0M 6.6% |
Large figure: segment revenue. Below it the share of revenue in that period and the change against the prior year.
Operating metrics
Operating metrics are the figures a company uses to measure its own business — customer counts, stores, deliveries or the churn rate. None of them appear in the financial statements, and they often explain earlier than revenue does why revenue is moving.
| Metric | Q2 2025 | Q3 2025 | Q1 2026 | Q2 2026 |
|---|---|---|---|---|
| Total rooms in system | 1.7M | 1.8M | 1.8M | 1.8M +4.5% |
| Rooms in U.S. & Canada segment | 1.1M | 1.1M | 1.1M | 1.1M +2.2% |
| Rooms in development pipeline | 590,000 | 596,000 | 618,000 | 629,000 +6.6% |
| Pipeline rooms under construction | 238,000 | 250,000 | 268,000 | 279,000 +17.2% |
| Pipeline rooms approved but not yet under signed contracts | 37,000 | 36,000 | 34,000 | 34,000 -8.1% |
| Total properties in system | 9,601 | 9,721 | 9,926 | 10,082 +5.0% |
| Properties in U.S. & Canada segment | 6,350 | 6,383 | 6,422 | 6,493 +2.3% |
| Properties in development pipeline | 3,900 | 3,900 | 4,100 | 4,200 +7.7% |
| Worldwide average daily rate (systemwide, Q2) | $188 | $184 | $188 | $194 +2.9% |
| Worldwide occupancy (systemwide, Q2) | 72.2% | 71.5% | 65.6% | 71.6% -0.8% |
| Share of pipeline rooms under construction | 40.0% | 42.0% | 43.0% | 44.0% +10.0% |
These metrics are not part of the financial statements; they sit in the narrative text of the filings. We read them out of the SEC filings using artificial intelligence and check every single figure against the original passage in the report; anything that is not found there verbatim is discarded. Source: SEC EDGAR (annual and quarterly reports, 10-K/10-Q).
Segment and region names are the ones the company itself uses and are shown as reported. Change and share refer to revenue.
Data as of: September 23, 2026 · Source: fundamental data & SEC filings (annual and quarterly reports, 10-K/10-Q) · Segment figures: SEC EDGAR (10-K/10-Q reports)
Note: pure fact-based analysis, not investment advice and not a solicitation to buy or sell. All figures without guarantee.