Global hospitality company Marriott International accelerated the deployment of artificial intelligence (AI) solutions for customers of its properties and its travel platform during the second quarter. “In June, we began our phased rollout of Ask Bonvoy, our AI-powered conversational search experience on Marriott.
Marriott posted mixed Q2 results Monday as wars in the Middle East curtail international travel. MAR stock falls, trades below support.
BALTIMORE--(BUSINESS WIRE)--The 523-room Baltimore Marriott Inner Harbor at Camden Yards completed the first phase of a two-part, multi-million dollar, property-wide renovation.
Shares in Marriott International Inc (NYSE:MAR) fell 4% in pre-market trading in New York despite the hotel group beating profit forecasts and raising its full-year outlook for room revenue growth. Adjusted earnings of $3.19 a share for the three months to June came in comfortably ahead of the $3.05 to $3.08 that analysts had pencilled in.
Loews Corp (NYSE:L), the New York-listed conglomerate with interests in insurance, pipelines, hotels and packaging, reported second-quarter net income of $444 million as its smaller businesses picked up the slack from a weakening insurance market. That compares with $391 million a year earlier, with earnings per share rising to $2.16 from $1.87.
Marriott International said the conflict in Iran put a significant damper on second-quarter sales.
Second quarter 2026 RevPAR 1 increased 3.4 percent worldwide, with 5.0 percent growth in the U.S. & Canada and a 0.5 percent decline in international markets Second quarter reported diluted EPS totaled $2.90 and Adjusted diluted EPS totaled $3.19 Second quarter reported net income totaled $766 million and Adjusted net income totaled $844 million Second quarter Adjusted EBITDA totaled $1,592 mi...