Marriott’s strong travel demand fuels growth into 2025
🏨 Marriott's performance in Q4 and full-year 2024 showcased global RevPAR growth. On Feb 12, 2025, CEO Anthony Capuano highlighted strong demand in leisure, business transient, and group travel. Leisure led with 44% of global room nights and a 6% RevPAR increase, while business transient made up 33% with a 3% rise globally. The company's development pipeline reached over 577,000 rooms after a record number of deals in 2024. Marriott also plans to introduce an outdoor hotel collection in 2025, following an organizational restructuring that included over 800 layoffs.
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