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This statistic highlights Marriott International’s Revenue Breakdown, split across International, US & Canada, Asia Pacific, and EMEA, reported on a quarterly basis from 2016 onwards.
Marriott is a prominent hotel chain brand, renowned for its luxurious property portfolio. It is one of the best Fortune 100 companies for 20 consecutive years.
The total revenue generated by the company has increased drastically from $1,605 million in Q4 2020 to $4,021 million in Q4 2021, marking a year-on-year growth of 150.53%. It also grew significantly by 10.86% on a quarter-on-quarter basis, from $3,627 million earned in Q3 2021 to $4,021 million in Q4 2021. This growth in revenue can be attributed to the increase in Marriott International’s number of properties. As of Q4 2021, the company owns a total of 7,897 properties across the world, which grew by 8.28% on yearly basis, as compared to 7,293 properties that the company owned in Q4 2020. In Q4 2019, the company closed all of its operating units and properties in the Asia Pacific region and Europe, and the Middle East Asian region.
The total revenue generated by the company is bifurcated into the following regions:
|Category||Q4 2020||Q3 2021||Q4 2021||Contribution in Q4 2021|
|US & Canada||$1,420.00||$3,006.00||$3,301.00||82%|
(All figures in millions, except percentages)
The company has generated 18% of its total revenue from its international operations. The revenue has increased from $185 million in Q4 2020 to $720 million in Q4 2021, marking a year-on-year growth of 289%. It also grew by 15.92% on a quarter-on-quarter basis, from $621 million earned in Q3 2021 to $720 million in Q4 2021. Again, this growth in revenue can be attributed to the growth in the number of properties in the International region of Marriott International. As of Q4 2021, the company owns a total of 2,185 properties in this region which grew by 24.2% on yearly basis as compared to 1,759 properties that the company owned in Q4 2020.
US & Canada
The majority of Marriott International’s revenue is generated from the company’s operations in US and Canada, accounting for 82% of the total revenue in Q4 2021. The revenue has increased drastically over the period from $1,420 million in Q4 2020 to $3,301 million in Q4 2021, marking a year-on-year growth of 132.46%. It also grew by 9.8% on a quarter-on-quarter basis, from $3,006 million earned in Q3 2021 to $3,301 million in Q4 2021. This revenue growth is a result of the increase in Marriott International’s properties in US & Canada. As of Q4 2021, the company owns a total of 5,712 properties in this region, which grew by 3.2% on yearly basis, as compared to 5,532 properties that the company owned in Q4 2020.
Marriott International no longer reports revenue generated from the Asia Pacific region and has 0% contribution in the total revenue of the company in Q4 2021. This region generated revenue in Q4 2019 for the last time, amounting to $324 million. This revenue was a result of operating 782 properties in the Asia Pacific region till Q4 2019.
The Europe, Middle East and Africa region (EMEA) no longer generates revenue for Marriott International and has 0% contribution to the company’s total revenue in Q4 2021. The company started its operations in EMEA in Q1 2019 and generated revenue amounting to $418 million for the first time. However, it generated revenue for the last time in Q4 2019, amounting to $503 million. This revenue can be traced back to its 893 properties in this region during Q4 2019.
Marriott International is the world’s leading licensor, franchisor, and operator of a timeshare, residential, and hotel properties under diverse brand names at various pricing and service points. The company owns its lodging properties across 131 countries worldwide and offers a powerful portfolio in the lodging industry with 30+ brands. It aims to leave a legacy in the service and lodging industry and be the favourite travel company for people across the globe. The company was founded in 1927 by J. Willard and Alice Marriott and is headquartered in Bethesda, Maryland, United States. The common stock of the company is listed on Nasdaq Global Select Market (NASDAQ) under the ticker symbol “MAR”.
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