Marriott International reported Nov. 2 that third-quarter revenue per available room increased 6.5% worldwide from a year earlier, with growth in both North America and international markets. The results point to a stronger room-revenue comparison than the hotel group reported in the second quarter.
RevPAR rose 7.4% in the United States and Canada and 4.4% internationally, Marriott said. RevPAR measures room revenue relative to available inventory; it is not the same as total company revenue or a count of travelers.
Operating hotels and future supply
Marriott added approximately 20,100 net rooms during the quarter. Its development pipeline exceeded 634,000 rooms across more than 4,200 properties, with 44% of pipeline rooms under construction, including hotels awaiting conversion.
Those pipeline figures describe prospective supply, not rooms that travelers can already book. Openings and conversions remain separate from development agreements.
For comparison, second-quarter worldwide RevPAR increased 3.4%, with growth of 5% in the U.S. and Canada and a 0.5% decline internationally. The third-quarter release therefore shows an improved year-over-year comparison in both regional groupings, rather than growth confined to the North American business.
Reported third-quarter net income was $794 million, while adjusted net income was $790 million. The distinction matters when comparing profitability across periods; adjusted figures should not be substituted for reported results without identifying them.
For hotel owners and corporate travel teams, the combination of stronger room-revenue performance and a larger development pipeline provides different signals: one describes trading at existing properties, while the other concerns potential future capacity.