By region, RevPAR growth was strongest in APEC, which has been benefiting from solid macroeconomic growth in many countries and double-digit rooms growth. Third-quarter RevPAR in APEC increased nearly 5%, driven by robust ADR growth and higher demand from international travelers, particularly from greater China and Europe.

Nov 4, 2025 / CEO / receipt, needs a key / Tony Capuano, CEO | earnings call 2025-11-04 | transcript 127ac4b5-f397-4812-8b1a-f0212e4b2372 | chars 2654-2978 | segment 2

And we have, frankly, since we've acquired it, the performance has been excellent of those hotels. It is a wonderful addition for us, for our global Bonvoy traveler. We have not had a presence in Barbados before.

Feb 11, 2025 / CEO / receipt, needs a key / Tony Capuano, CEO | earnings call 2025-02-11 | transcript 860eab21-408d-4191-9cbb-9ecbf0609d68 | chars 43793-44005 | segment 44

Our focus on offering fantastic travel experiences for every trip purpose is key to ensuring that Marriott Bonvoy remains the industry's leading travel platform.

Feb 11, 2025 / CEO / receipt, needs a key / Tony Capuano, CEO | earnings call 2025-02-11 | transcript 860eab21-408d-4191-9cbb-9ecbf0609d68 | chars 7489-7650 | segment 7

RevPAR grew 5% internationally, driven by 9% RevPAR increases in Europe, Middle East, and Africa, and in Asia Pacific, excluding China. EMEA growth was helped by the Paris Olympics and other special events, as well as solid demand from U.S. travelers.

Nov 4, 2024 / CEO / receipt, needs a key / Tony Capuano, CEO | earnings call 2024-11-04 | transcript 493c13c4-59dc-4779-9fc1-63bac7658f1e | chars 3452-3703 | segment 3

Cross-border travel on a global basis is now above pre-pandemic levels at just over 20% of total revenues.

Nov 4, 2024 / CEO / receipt, needs a key / Tony Capuano, CEO | earnings call 2024-11-04 | transcript 493c13c4-59dc-4779-9fc1-63bac7658f1e | chars 3824-3930 | segment 3

We are seeing companies who have been traveling and meeting, building out their calendar of meetings. And we are seeing some of our partners who perhaps were on pause starting to schedule.

Nov 4, 2024 / CEO / receipt, needs a key / Tony Capuano, CEO | earnings call 2024-11-04 | transcript 493c13c4-59dc-4779-9fc1-63bac7658f1e | chars 45069-45257 | segment 46

As always, I've spent much of my time this year traveling around the world. It's been a pleasure to visit many of our amazing hotels and speak with our incredible associates.

May 1, 2024 / CEO / receipt, needs a key / Tony Capuano, CEO | earnings call 2024-05-01 | transcript 150617dd-c194-45e2-a558-6c0626d01b24 | chars 6783-6957 | segment 6

You know, maybe the way I would answer the second part of your question, on a global basis, travel and tourism thrives in relative stability. I think uncertainty around the election creates all sorts of question marks. We'll get through the election and post-results. We hope we'll settle into a little bit more stability.

May 1, 2024 / CEO / receipt, needs a key / Tony Capuano, CEO | earnings call 2024-05-01 | transcript 150617dd-c194-45e2-a558-6c0626d01b24 | chars 45279-45601 | segment 46

And generally speaking, I would say we do see that there is a dip in government travel after Labor Day and that group and business transient obviously is going to not be traveling during election week.

May 1, 2024 / CEO / receipt, needs a key / Tony Capuano, CEO | earnings call 2024-05-01 | transcript 150617dd-c194-45e2-a558-6c0626d01b24 | chars 45928-46129 | segment 47

We all hope to see you on the road soon. Safe travels.

May 1, 2024 / CEO / receipt, needs a key / Tony Capuano, CEO | earnings call 2024-05-01 | transcript 150617dd-c194-45e2-a558-6c0626d01b24 | chars 50252-50306 | segment 51