Reimbursements Expenses was Marriott International’s largest product and service line in fiscal 2021, bringing in $8.65B of $14.14B (61%).
| Product and Service | FY 2018 | FY 2018 | FY 2018 | FY 2019 | FY 2020 | FY 2021 |
|---|---|---|---|---|---|---|
| Reimbursements Expenses | — | — | — | — | — | $8.65B |
| Reimbursements | $3.78B | $4.05B | $3.74B | $14.13B | $7.01B | — |
| Net Fee Revenues | $827.00M | $938.00M | $919.00M | $2.22B | $806.00M | $4.69B |
| Owned, Leased, & Other | $406.00M | $423.00M | $397.00M | $2.33B | $885.00M | $796.00M |
| Total | $5.01B | $5.41B | $5.05B | $18.68B | $8.70B | $14.14B |
Marriott International brought in $14.14B from its three product and service lines in fiscal 2021, the year ended December 31, 2021. Marriott International regrouped these lines after fiscal 2020, so the total does not compare directly with that year's $8.70B. Reimbursements Expenses was the largest at $8.65B (61.2%), ahead of Net Fee Revenues at $4.69B (33.2%) and Owned, Leased, & Other at $796.00M (5.6%).
Compared with fiscal 2020, Net Fee Revenues grew 482.1% to $4.69B, while Owned, Leased, & Other fell 10.1% to $796.00M.
Marriott International began breaking out Reimbursements Expenses in fiscal 2021, when it brought in $8.65B. Marriott International stopped reporting Reimbursements as a separate line after fiscal 2020, when it brought in $7.01B.
As Previously Reported was Marriott International’s largest revenue line in fiscal 2018, bringing in $3.73B of $3.74B (100%).
| Restatement | FY 2016 | FY 2018 | FY 2018 | FY 2018 |
|---|---|---|---|---|
| As Previously Reported | $13.55B | $3.77B | $3.99B | $3.73B |
| Adoption Of Asu | -$1.00M | $3.00M | $63.00M | $2.00M |
| Total | $13.55B | $3.78B | $4.05B | $3.74B |
Marriott International brought in $3.74B from its two revenue lines in fiscal 2018, the year ended September 30, 2018. That was down 7.7% from $4.05B in fiscal 2018. As Previously Reported was the largest at $3.73B (99.9%), ahead of Adoption Of Asu at $2.00M (0.1%).
From fiscal 2016 to 2018, combined revenue from these revenue lines fell from $13.55B to $3.74B, a compound annual decline of 47.5%. As Previously Reported's share held steady at about 99.9%.
U.S. Canada was Marriott International’s largest segment in fiscal 2021, bringing in $10.64B of $13.36B (80%).
| Statement Business Segments | FY 2010 | FY 2018 | FY 2019 | FY 2020 | FY 2021 |
|---|---|---|---|---|---|
| U.S. Canada | $14.18B | $13.90B | $7.91B | $10.64B | |
| North American Full-Service | — | — | — | — | |
| International | — | $4.56B | $966.00M | $2.72B | |
| North American Limited-Service | — | — | — | — | |
| Former Timeshare | — | — | — | — | |
| Luxury | — | — | — | — | |
| Asia Pacific | $1.30B | — | — | — | |
| Emea | $926.00M | — | — | — | |
| Other Unallocated Corporate | — | — | — | — | |
| Total | $16.40B | $18.46B | $8.87B | $13.36B |
Marriott International brought in $13.36B from its two segments in fiscal 2021, the year ended December 31, 2021. That is less than the $14.14B it reports by product and service, so these segments do not cover all of its revenue. U.S. Canada was the largest at $10.64B (79.6%), ahead of International at $2.72B (20.4%).
Compared with fiscal 2020, International grew 181.7% to $2.72B and U.S. Canada grew 34.6% to $10.64B.
Marriott International stopped reporting Asia Pacific ($1.30B in fiscal 2018) and Emea ($926.00M in fiscal 2018) as separate segments.
Marriott International (MAR) reports its revenue by product and service, by restatement and by statement business segments. In fiscal 2021, Reimbursements Expenses was its largest product and service line, bringing in $8.65B (61.2% of the total), followed by Net Fee Revenues at $4.69B (33.2%).
Reimbursements Expenses was Marriott International's largest product and service line in fiscal 2021, bringing in $8.65B, or 61.2% of the $14.14B total across its three product and service lines.
As Previously Reported was Marriott International's largest revenue line in fiscal 2018, bringing in $3.73B, or 99.9% of the $3.74B total across its two revenue lines.
U.S. Canada was Marriott International's largest segment in fiscal 2021, bringing in $10.64B, or 79.6% of the $13.36B total across its two segments.
International grew faster than U.S. Canada in fiscal 2021, up 181.7% from $966.00M to $2.72B. U.S. Canada grew 34.6% to $10.64B.
Every figure comes from Marriott International's annual financial filings, as reported. Each line keeps the name Marriott International gives it, and years follow its fiscal calendar.
Marriott International's revenue by product and service goes back to fiscal 2018, with figures through fiscal 2021. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.