Skift Take

We're looking forward to hearing Sorenson and team explain the year ahead on tomorrow's earnings call.

It’s been a big year for Marriott International.

The hotel chain’s plans to purchase Starwood Hotels and Resorts is certainly its big capstone to a turbulent year in hospitality. The proposed deal that will likely close in June and make new, bigger Marriott the largest hotel company in the world. It also purchased Canadian chain Delta last January, capping of a series of acquisitions over the previous two years.

While we will have a deeper look at Marriott’s results following the earnings call tomorrow, we thought we’d share tweets from the brand’s official Twitter account that called out performance in four key areas, alongside statements from CEO Arne Sorenson following the earnings release.

Of course, these are only part of the story.

“We remain optimistic about 2016,” Sorenson said. “Not including the impact of the pending Starwood acquisition, we expect worldwide gross rooms growth of 8 percent, or 7 percent net, with worldwide systemwide comparable RevPAR increasing 3 to 5 percent on a constant dollar basis.”

“We are pleased with our results for 2015. Worldwide systemwide comparable RevPAR rose 5 percent on a constant dollar basis for the full year with average daily rate up 4 percent. In North America, RevPAR also grew 5 percent for systemwide comparable properties and occupancy reached a record 74 percent.”

“In 2015, we added nearly 52,000 rooms worldwide taking our system to more than 759,000 rooms.”

“Our development group had an outstanding year, signing new contracts for 104,000 rooms in 2015, including 9,600 rooms associated with the Delta transaction.”

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Tags: earnings, marriott, starwood

Photo credit: Marriott International CEO Arne Sorenson appearing on Bloomberg TV from Davos, Switzerland earlier this year. Bloomberg

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