Marriott CEO: We are seeing a K-shaped economy

The system resembles a dual-track road arsenic seen done the prism of edifice elephantine Marriott (MAR).

"I mean, determination is surely — prime your statement — a K-shaped economical bifurcation of the consumer. We proceed to spot truly accordant spot crossed luxury for the afloat year," Marriott CEO Anthony Capuano said connected Yahoo Finance (video above).

He added that it seems similar Marriott's concern is "firing connected each cylinders," pointing to a batch of caller hotels being built alongside spot with higher-income consumers.

Marriott's 4th fourth show and outlook added immoderate concern, however, that a mixed US system was continuing to measurement connected consumers.

The purveyor of the Ritz-Carlton and JW Marriott brands reported adjusted net of $2.58 per share. Wall Street was expecting $2.62 per share.

Revenue per disposable country (RevPar), a metric of manufacture wellness that combines occupancy rates and country prices, accrued 2% successful 2025. In the US and Canada, RevPar fell somewhat successful the 4th quarter.

For the archetypal quarter, Marriott expects per-share net of $2.50 to $2.55. Analysts expected $2.50 per share.

The institution expects full-year net of $11.32 to $11.57 per share. The Street was astatine $11.43 per share.

The banal popped arsenic investors cheered a apt large boost to profits from Marriott inking much lucrative recognition paper deals with partners similar JPMorgan.

Capuano said the institution is successful progressive discussions. Marriott teased connected its net telephone astatine slightest a 35% summation successful the fees it collects from recognition paper companies this year.

Marriott banal is up astir 14% twelvemonth to date, outperforming the S&P 500's (^GSPC) 2% advance.

Hilton (HLT) and Hyatt (H) are up 13% and 5%, respectively.

Brian Sozzi is Yahoo Finance's Executive Editor and a subordinate of Yahoo Finance's editorial enactment team. Follow Sozzi connected X @BrianSozzi, Instagram, and LinkedIn. Tips connected stories? Email [email protected].

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