Marriott International, Inc. (MAR) Q1 2023 Earnings Call Transcript

SA Transcripts
153.96K Followers

Q1: 2023-05-02 Earnings Summary

EPS of $2.09 beats by $0.24
 | Revenue of $5.62B (33.72% Y/Y) beats by $171.20M

Marriott International, Inc. (NASDAQ:MAR) Q1 2023 Earnings Conference Call May 2, 2023 8:30 AM ET

Company Participants

Jackie Burka - SVP, IR
Tony Capuano - President and CEO
Leeny Oberg - CFO and EVP, Business Operations

Conference Call Participants

Joe Greff - JPMorgan
Stephen Grambling - Morgan Stanley
David Katz - Jefferies
Robin Farley - UBS
Shaun Kelley - Bank of America
Smedes Rose - Citi
Patrick Scholes - Truist Securities
Richard Clarke - Bernstein
Dori Kesten - Wells Fargo
Brandt Montour - Barclays
Duane Pfennigwerth - Evercore ISI
Chad Beynon - Macquarie

Operator

Good day, everyone, and welcome to today's First Quarter 2023 Earnings Call. [Operator Instructions] Please note, this call may be recorded.

It is now my pleasure to turn the program over to Senior Vice President of Investor Relations, Jackie Burka.

Jackie Burka

Thank you. Good morning, and welcome to Marriott's first quarter 2023 earnings call. On the call with me today are Tony Capuano, our President and Chief Executive Officer; Leeny Oberg, our Chief Financial Officer and Executive Vice President, Development; and Betsy Dahm, our Vice President of Investor Relations.

I will remind everyone that many of our comments today are not historical facts and are considered forward-looking statements under federal securities laws. These statements are subject to numerous risks and uncertainties as described in our SEC filings, which could cause future results to differ materially from those expressed in or implied by our comments. Please also note that unless otherwise stated, our RevPAR occupancy and average daily rate comments reflect system-wide constant currency results for comparable hotels.

Statements in our comments in the press release we issued earlier today are effective only today and will not be updated as actual events unfold. You can find our earnings release and reconciliations of all non-GAAP financial measures referred

Recommended For You

About MAR Stock

SymbolLast Price% Chg
Market Cap
PE
Yield
Rev Growth (YoY)
Short Interest
Prev. Close
Compare to Peers

More on MAR