Marriott International, Inc. (MAR) Q3 2024 Earnings Call Transcript Summary
Marriott International, Inc. (MAR) Q3 2024 Earnings Call Transcript Summary
Adjusted EBITDA rose 8% to $1.2 billion, with adjusted EPS at $2.26.The following is a summary of the Marriott International, Inc. (MAR) Q3 2024 Earnings Call Transcript:
以下是萬豪酒店（MAR）2024年第三季度業績會交易摘要：
Financial Performance:
金融業績：
Gross fee revenues increased to $1.28 billion, up 7% due to higher global RevPAR and rooms growth.
Adjusted EBITDA rose 8% to $1.2 billion, with adjusted EPS at $2.26.
毛費收入增至12.8億美元，增長7%，主要受全球RevPAR和客房增長的推動。
調整後的EBITDA上升8%，至12億美元，調整後的EPS爲2.26美元。
Business Progress:
業務進展：
Marriott added approximately 16,000 net rooms, reaching over 1.67 million rooms globally.
Introduced City Express by Marriott, a new mid-scale product in the U.S. and Canada.
萬豪在全球新增約16,000間客房，客房總數達到超過167萬間。
引入了萬豪市館客棧（City Express by Marriott），這是在美國和加拿大推出的新中檔產品。
Opportunity:
機會：
Expansion in mid-scale market segments with City Express by Marriott.
Tailored offers in Marriott Bonvoy program, including Starbucks partnership.
通過萬豪酒店的城市急遞業務在中檔市場繼續擴張。
在萬豪旅行計劃中提供定製優惠，包括與星巴克的合作。
Risk:
風險：
Economic fluctuations impacting global travel, with an 8% decline in Greater China's RevPAR.
U.S. election might affect room bookings and profitability.
全球旅行業受經濟波動影響，大中華的RevPAR下降了8%。
美國選舉可能會影響客房預訂和盈利能力。
Financial Performance:
金融業績：
Net rooms growth increased by nearly 6% year-over-year.
Global RevPAR rose 3% in the quarter, driven by solid rate growth with ADR up 2.5%.
Gross fee revenues rose 7% to $1.28 billion, reflecting higher global RevPAR and rooms growth.
Adjusted EPS increased by 7% to $2.26.
Third quarter adjusted EBITDA rose 8% to $1.2 billion.
淨客房增長率同比增長近6%。
全球RevPAR在本季度上升了3%，主要由每間平均房價增長帶動，ADR上漲2.5%。
總收費收入增長7％至12.8億美元，反映出全球RevPAR和客房增長率的提高。
調整後的每股收益增長了7％，達到2.26美元。
第三季度調整後的EBITDA上升了8％，達到12億美元。
Business Progress:
業務進展：
Marriott added around 16,000 net rooms in Q3, expanding to more than 1.67 million rooms at nearly 9,100 properties worldwide.
They announced a multiunit conversion deal with Sonder for 9,000 existing rooms and more in the pipeline, expanding their portfolio of longer stay accommodations.
In Q3, conversions represented over 30% of room additions and over 50% of signings.
Introduced City Express by Marriott as a new transient mid-scale product in the U.S. and Canada.
Significant development activity with more than 95,000 organic rooms signed year-to-date in 2024.
在第三季度，萬豪在全球各地的近9,100個物業中增加了約16,000個淨客房，總計超過167萬個客房。
他們宣佈與Sonder達成了一個涉及9,000個現有客房及更多待開發項目的多單元改造協議，擴大了他們長期住宿產品組合。
在第三季度，新增改造客房佔新增客房的30%以上，簽約的客房超過50%。
在美國和加拿大推出了作爲新的中檔短期產品的萬豪城市酒店。
今年截至目前爲止，已簽約超過95,000間有機客房，發展活動顯著。
Opportunities:
機會：
Continued to capitalize on the strength of the group segment, which is expected to rise by 10% year-over-year, with robust increases in both room nights and ADR.
Growth in the leisure transient segment remained strong, staying above 2019 levels.
Expansion in mid-scale market segments with the introduction of City Express by Marriott.
Tailor offers and promotions through the Marriott Bonvoy program, including partnerships like the one with Starbucks to enhance member engagement and benefits.
繼續利用團隊細分業務的實力，預計同比增長10％，客房夜晚和ADR均大幅增加。
休閒瞬時細分市場增長強勁，維持在2019年水平以上。
引入萬豪酒店的City Express，擴大中檔市場細分市場的擴張。
通過萬豪Bonvoy計劃定製優惠和促銷活動，包括與星巴克合作以增強會員參與度和福利。
Risks:
風險：
Prospective economic fluctuations impacting global travel trends, particularly noted in the varying demand and performance in different regions such as a decline in Greater China's RevPAR by 8% due to macroeconomic pressures.
Potential short-term market disturbances from events like the U.S. election affecting room booking trends and profitability in the quarter.
潛在的經濟波動影響全球旅行趨勢，特別是在不同地區的需求和績效變化方面，大中華地區RevPAR下降了8％，原因是宏觀經濟壓力。
美國大選等事件可能導致短期市場波動，影響本季客房預訂趨勢和盈利能力。
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：如需更全面的詳情，請參閱投資人關係網站。本文僅供投資者參考，不作任何指引或建議。
譯文內容由第三人軟體翻譯。
