MARRIOTT INTERNATIONAL REPORTED 4.9 percent year-over-year global RevPAR growth in the second quarter of 2024, with U.S. and Canada RevPAR rising 3.9 percent
and international RevPAR increasing 7.4 percent. The company's net income grew to $772 million from $726 million a year ago, Marriott said in a statement.
"Marriott reported strong second quarter results, with net rooms up 6 percent year-over-year and worldwide RevPAR growth of nearly 5 percent, as consumers
continued to prioritize travel," said Anthony Capuano, Marriott International's president and CEO. "International RevPAR increased more than 7 percent, with
Asia-Pacific excluding China leading the way, posting an impressive 13 percent RevPAR increase from the year-ago quarter."
RevPAR for the U.S. and Canada grew nearly 4 percent during the quarter, Capuano said, and all customer segments grew versus the prior year quarter.