Marriott Assumes Global RevPAR Growth At A Two-Year CAGR Of 3% - 6% From 2023 - 2025
Portfolio Pulse from Benzinga Newsdesk
Marriott International, Inc. (MAR) expects a Compound Annual Growth Rate (CAGR) of 3% - 6% in global Revenue Per Available Room (RevPAR) from 2023 to 2025.

September 27, 2023 | 10:16 am
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Marriott's projected CAGR of 3% - 6% in global RevPAR from 2023 to 2025 indicates potential revenue growth.
Revenue Per Available Room (RevPAR) is a key performance metric in the hotel industry. It is calculated by multiplying a hotel's average daily room rate (ADR) by its occupancy rate. A projected CAGR of 3% - 6% in global RevPAR from 2023 to 2025 indicates that Marriott expects to see growth in either occupancy, ADR, or both. This could lead to increased revenues, which would likely have a positive impact on the company's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100