Marriott's reported operating income totaled USD 752 million in the 2024 fourth quarter, net income totaled USD 455 million.
For Q4 2024, Marriott reported a systemwide RevPAR increase of 5% to $126.26, driven by a 3.2% rise in ADR to $185.42, alongside a 1.2 percentage point boost in occupancy to 68.1%.
For the entire year, Marriott’s systemwide RevPAR grew 4.3% to $128.23, while ADR rose 2.8% to $183.58, and occupancy improved by 1 percentage point to 69.8%.
RevPAR in Greater China declined by 2%, with Hainan Island experiencing a significant RevPAR decline due to weak domestic leisure demand.
By region, RevPAR growth was positive in Tier 1 cities, Hong Kong,, Macau, and Taiwan, while Hainan Island again saw the largest RevPAR decline. Hainan was again impacted by weak domestic leisure demand as wealthier travelers continued to vacation across other parts of the region. However, Hainan did see nice sequential improvement with RevPAR down 16% in the quarter compared to down 24% in Q3.
