Marriott International Reports Fourth Quarter and Full Year 2022 Results

Marriott International, Inc.  | February 14, 2023

Marriott International, Inc. (NASDAQ: MAR) today reported fourth quarter and full year 2022 results. Anthony Capuano, Chief Executive Officer, said, “Our performance in 2022 was terrific. Just two years after experiencing the sharpest downturn in our company’s history, we reported record financial results. Our fee-driven, asset-light business model generated significant cash during the year, allowing us to both invest in the growth of our business and return $2.9 billion to shareholders. “For the fourth quarter, worldwide RevPAR1 grew 5 percent compared to 2019, driven by a 13 percent increase in ADR. With the exception of Greate...