Marriott: 3 Key Takeaways for Long-Term Investors

Marriott reported strong Q3 2026 results with 6.5% global RevPAR growth and raised full-year guidance to 4.5%-5%. The company is accelerating growth through hotel conversions (over 40% of openings) and strategic key money investments that generate a 65% value premium per room, allowing expansion without heavy capital deployment. Management expects continued strong demand into 2027 with projected 3.5%-4.5% RevPAR growth.