For the second quarter of 2026, analysts expect Marriott to report consensus revenue of $7.19 billion and adjusted EPS of $3.06, with the current stock price of $375.62 trading just below the average analyst price target of $384.83. Investors are primarily focused on the company's systemwide RevPAR trajectory, which is projected to show a notable slowdown following a period of post-pandemic surge. While Marriott outperformed in the first quarter with 4.2% RevPAR growth, management's guidance for Q2 suggests a more modest 1.5% to 2.5% increase as domestic demand in the U.S. and China moderates.
Analysts will also scrutinize whether Marriott's asset-light model and strong gross fee revenue growth, expected to rise roughly 11% year-over-year, can successfully offset these cooling travel demand trends and persistent inflationary pressures on operating margins.