Aug 3 (Reuters) – Hotel operator Marriott International raised its full-year room revenue growth forecast on Monday, betting that strong travel demand would drive bookings for its properties. The Bethesda, Maryland-based company expects 2026 revenue per available room (revPAR) — a key lodging metric that tracks average daily rate and occupancy — to grow between […]
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Marriott raises annual room revenue growth forecast
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Aug 3 (Reuters) – Hotel operator Marriott International raised its full-year room revenue growth forecast on Monday, betting that strong travel demand would drive bookings for its properties.
The Bethesda, Maryland-based company expects 2026 revenue per available room (revPAR) — a key lodging metric that tracks average daily rate and occupancy — to grow between 3% and 3.5%, compared with its prior forecast of a 2% to 3% increase.
(Reporting by Anshuman Tripathy in Bengaluru; Editing by Sahal Muhammed)