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Marriott International has reported a 1.5% rise in global RevPAR for the second quarter of 2025, driven by continued strength in international markets.
The hotel group said RevPAR rose 5.3% outside the US and Canada, where domestic performance was flat compared to the same period last year. Adjusted EBITDA climbed 7% to $1.42bn (£1.05bn), while adjusted net income increased to $728m (£536m) from $716m (£527m) in the second quarter of 2024.
Growth in international markets was led by leisure demand in the Asia-Pacific region and Europe, the Middle East and Africa. In the US and Canada, RevPAR was lifted by the luxury segment but offset by weaker demand in select-service properties due to reduced government and business travel.
However, reported net income for the second quarter fell slightly to $763m (£561m), from $772m (£568m) in the same period a year earlier.
The company added about 17,300 net rooms during the quarter, including 8,500 internationally, bringing its total portfolio to more than 9,600 properties and 1.7 million rooms. Its development pipeline reached a record 590,000 rooms across 3,900 properties, with more than half located outside the US.
Marriott said conversions accounted for 30% of both room signings and openings in the first half of 2025. It expects full-year net room growth to approach 5%.
During the quarter, Marriott launched a new regional soft brand, Series by Marriott, targeting midscale and upscale markets. It also finalised its acquisition of the lifestyle brand citizenM.
Base management and franchise fees rose nearly 5% year-on-year to $1.2bn (£880m), while incentive management fees totalled $200m (£147m). General and administrative expenses remained broadly flat at $245m (£180m).
