Marriott (MAR) Revenue & Revenue Breakdown


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Marriott Revenue Highlights


Latest Revenue (Y)

$23.71B

Latest Revenue (Q)

$2.92B

Main Segment (Y)

Reimbursements

Main Geography (Y)

U.S. and Canada Segment

Marriott Revenue by Period


Marriott Revenue by Year

DateRevenueChange
2023-12-31$23.71B14.15%
2022-12-31$20.77B49.91%
2021-12-31$13.86B31.09%
2020-12-31$10.57B-49.59%
2019-12-31$20.97B1.36%
2018-12-31$20.69B1.16%
2017-12-31$20.45B19.80%
2016-12-31$17.07B17.85%
2015-12-31$14.49B5.00%
2014-12-31$13.80B7.92%
2013-12-31$12.78B8.21%
2012-12-28$11.81B-4.08%
2011-12-30$12.32B5.35%
2010-12-31$11.69B7.18%
2010-01-01$10.91B-15.30%
2009-01-02$12.88B-0.85%
2007-12-28$12.99B6.83%
2006-12-29$12.16B5.28%
2005-12-30$11.55B14.37%
2004-12-31$10.10B12.04%
2004-01-02$9.01B6.79%
2003-01-03$8.44B-16.85%
2001-12-28$10.15B1.35%
2000-12-29$10.02B14.62%
1999-12-31$8.74B9.68%
1999-01-01$7.97B-11.92%
1998-01-02$9.05B-

Marriott generated $23.71B in revenue during NA 2023, up 14.15% compared to the previous quarter, and up 114.61% compared to the same period a year ago.

Marriott Revenue by Quarter

DateRevenueChange
2024-09-30$2.92B-54.64%
2024-06-30$6.44B7.73%
2024-03-31$5.98B-1.94%
2023-12-31$6.09B122.93%
2023-09-30$2.73B-55.00%
2023-06-30$6.08B8.19%
2023-03-31$5.62B-5.20%
2022-12-31$5.92B11.48%
2022-09-30$5.31B-0.47%
2022-06-30$5.34B27.13%
2022-03-31$4.20B-5.56%
2021-12-31$4.45B12.67%
2021-09-30$3.95B25.31%
2021-06-30$3.15B35.97%
2021-03-31$2.32B6.63%
2020-12-31$2.17B-3.64%
2020-09-30$2.25B53.96%
2020-06-30$1.46B-68.72%
2020-03-31$4.68B-12.85%
2019-12-31$5.37B1.65%
2019-09-30$5.28B-0.40%
2019-06-30$5.30B5.85%
2019-03-31$5.01B-5.24%
2018-12-31$5.29B4.75%
2018-09-30$5.05B-5.56%
2018-06-30$5.35B6.79%
2018-03-31$5.01B-4.67%
2017-12-31$5.25B-7.28%
2017-09-30$5.66B-2.28%
2017-06-30$5.79B4.21%
2017-03-31$5.56B1.92%
2016-12-31$5.46B38.41%
2016-09-30$3.94B1.03%
2016-06-30$3.90B3.45%
2016-03-31$3.77B1.78%
2015-12-31$3.71B3.58%
2015-09-30$3.58B-3.01%
2015-06-30$3.69B5.01%
2015-03-31$3.51B-1.29%
2014-12-31$3.56B2.86%
2014-09-30$3.46B-0.69%
2014-06-30$3.48B5.80%
2014-03-31$3.29B2.30%
2013-12-31$3.22B1.87%
2013-09-30$3.16B-3.16%
2013-06-30$3.26B3.85%
2013-03-31$3.14B-16.37%
2012-12-28$3.76B37.67%
2012-09-07$2.73B-1.69%
2012-06-15$2.78B8.78%
2012-03-23$2.55B-30.90%
2011-12-30$3.69B28.50%
2011-09-09$2.87B-3.30%
2011-06-17$2.97B6.98%
2011-03-25$2.78B-23.72%
2010-12-31$3.64B37.54%
2010-09-10$2.65B-4.44%
2010-06-18$2.77B5.36%
2010-03-26$2.63B-18.25%
2010-01-01$3.22B30.19%
2009-09-11$2.47B-3.55%
2009-06-19$2.56B2.69%
2009-03-27$2.50B-34.06%
2009-01-02$3.78B27.71%
2008-09-05$2.96B-6.97%
2008-06-13$3.19B8.08%
2008-03-21$2.95B-27.93%
2007-12-28$4.09B-

Marriott generated $2.92B in revenue during Q3 2024, up -54.64% compared to the previous quarter, and up 48.08% compared to the same period a year ago.

Marriott Revenue Breakdown


Marriott Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 22Dec 21Dec 20Dec 19
Management Service, Base$1.24B$1.04B$669.00M$443.00M-
Fee Service$4.82B$4.08B$2.69B$1.68B$3.82B
Management Service, Incentive$755.00M$529.00M$235.00M$87.00M-
Reimbursements$17.42B----
Owned, Leased and Other$1.56B$1.37B$796.00M$568.00M$1.32B
Franchise$2.83B$2.50B$1.79B$1.15B-
Loyalty Program-$2.69B$1.97B$1.12B-
Contract Services, Excluding Loyalty Program-$330.00M$334.00M--

Marriott's latest annual revenue breakdown by segment (product or service), as of Dec 23: Reimbursements (60.85%), Fee Service (16.85%), Franchise (9.89%), Owned, Leased and Other (5.46%), Management Service, Base (4.32%), and Management Service, Incentive (2.64%).

Quarterly Revenue by Product

Product/ServiceSep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19
Fee Service$1.28B$1.34B$1.21B$1.24B$1.20B$1.25B$1.13B$1.13B$1.06B$1.07B$815.00M$831.00M$776.00M$642.00M$445.00M$423.00M$397.00M$234.00M$629.00M$974.00M
Franchise$812.00M$818.00M$688.00M$705.00M$748.00M$739.00M$639.00M$658.00M$678.00M$669.00M$500.00M$520.00M$533.00M$431.00M$306.00M$277.00M$279.00M$182.00M$415.00M-
Management Service, Base$471.00M$525.00M$522.00M$539.00M$306.00M$318.00M$293.00M$287.00M$275.00M$269.00M$213.00M$217.00M$190.00M$156.00M$106.00M$102.00M$87.00M$40.00M$214.00M$298.00M
Owned, Leased and Other$381.00M$395.00M$357.00M$455.00M$363.00M$390.00M$356.00M$396.00M$345.00M$364.00M$262.00M$260.00M$241.00M$187.00M$108.00M$123.00M$116.00M$49.00M$280.00M$426.00M
Reimbursements$4.68B$4.73B$4.50B$4.43B$4.39B$4.46B$4.15B$4.42B$3.93B$3.92B$3.15B$3.37B$2.95B$2.34B$1.78B$1.66B$1.79B$1.20B$3.80B$3.99B
Management Service, Incentive---$218.00M$143.00M$193.00M$201.00M$186.00M$106.00M$135.00M$102.00M$94.00M$53.00M$55.00M$33.00M$44.00M$31.00M$12.00M-$175.00M
Contract Services, Excluding Loyalty Program-------$74.00M------------
Loyalty Program-------$667.00M$628.00M$295.00M----------

Marriott's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Reimbursements (61.37%), Fee Service (16.82%), Franchise (10.64%), Management Service, Base (6.17%), and Owned, Leased and Other (4.99%).

Marriott Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 23Dec 22Dec 21
U.S. and Canada Segment$17.70B--
Non-US-$2.23B$1.55B

Marriott's latest annual revenue breakdown by geography, as of Dec 23: U.S. and Canada Segment (100.00%).

Quarterly Revenue by Country

CountrySep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19
U.S. and Canada Segment$4.60B$4.76B$4.49B$4.58B$4.33B$751.00M$672.00M$665.00M$649.00M$683.00M$489.00M$479.00M$478.00M$373.00M$250.00M-----
International Segment---$1.20B----------------
Asia Pacific Segment---------------$71.00M$55.00M$25.00M$32.00M$324.00M
Europe, Middle East and Africa Segment----------------$27.00M$8.00M$46.00M-
North American Full Service Segment----------------$201.00M$113.00M$406.00M$329.00M
North American Limited Service Segment-------------------$225.00M

Marriott's latest quarterly revenue breakdown by geography, as of Sep 24: U.S. and Canada Segment (100.00%).

Marriott Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
MARMarriott$23.71B$2.92B
HTHTH World Group$21.88B$5.28B
HLTHilton Worldwide$10.23B$2.87B
IHGInterContinental Hotels Group$4.62B$2.38B
CHHChoice Hotels$1.54B$427.96M
WHWyndham Hotels & Resorts$1.40B$396.00M
HHyatt Hotels-$1.63B

MAR Revenue FAQ


What is Marriott’s yearly revenue?

Marriott's yearly revenue for 2023 was $23.71B, representing an increase of 14.15% compared to 2022. The company's yearly revenue for 2022 was $20.77B, representing an increase of 49.91% compared to 2021. MAR's yearly revenue for 2021 was $13.86B, representing an increase of 31.09% compared to 2020.

What is Marriott’s quarterly revenue?

Marriott's quarterly revenue for Q3 2024 was $2.92B, a -54.64% decrease from the previous quarter (Q2 2024), and a 6.84% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $6.44B, a 7.73% increase from the previous quarter (Q1 2024), and a 5.99% increase year-over-year (Q2 2023). MAR's quarterly revenue for Q1 2024 was $5.98B, a -1.94% decrease from the previous quarter (Q4 2023), and a 6.45% increase year-over-year (Q1 2023).

What is Marriott’s revenue growth rate?

Marriott's revenue growth rate for the last 3 years (2021-2023) was 71.13%, and for the last 5 years (2019-2023) was 13.07%.

What are Marriott’s revenue streams?

Marriott's revenue streams in c 23 are Management Service, Base, Fee Service, Management Service, Incentive, Reimbursements, Owned, Leased and Other, and Franchise. Management Service, Base generated $1.24B in revenue, accounting 4.32% of the company's total revenue, up 18.58% year-over-year. Fee Service generated $4.82B in revenue, accounting 16.85% of the company's total revenue, up 18.29% year-over-year. Management Service, Incentive generated $755M in revenue, accounting 2.64% of the company's total revenue, up 42.72% year-over-year. Reimbursements generated $17.42B in revenue, accounting 60.85% of the company's total revenue Owned, Leased and Other generated $1.56B in revenue, accounting 5.46% of the company's total revenue, up 14.41% year-over-year. Franchise generated $2.83B in revenue, accounting 9.89% of the company's total revenue, up 13.01% year-over-year.

What is Marriott’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of Marriott was Reimbursements. This segment made a revenue of $17.42B, representing 60.85% of the company's total revenue.