Financial Press Releases

Financial Press Releases

Marriott's Financial Press Releases are below.
To view Non-Financial Press Releases please visit our Corporate Communications Press Release Archives

Date Title and Summary Additional Formats
Toggle Summary Marriott International, Inc. Announces Expiration of Early Participation Period for Exchange Offers
WASHINGTON, Oct 25, 2005 /PRNewswire-FirstCall via COMTEX News Network/ -- Marriott International, Inc. (NYSE: MAR) today announced the expiration of the early participation period in connection with its offer to exchange a new series of Senior Notes due November 10, 2015 (the "New Notes") for up
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Toggle Summary John W. Marriott III to Head Private Investment Fund; Appointed Vice Chairman of Marriott International's Board of Directors
WASHINGTON, Oct 21, 2005 /PRNewswire-FirstCall via COMTEX News Network/ -- John W. Marriott III, executive vice president -- lodging of Marriott International, Inc. (NYSE: MAR) announced today that he will leave the company in January 2006 to serve as chief executive officer of J.W.M.
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Toggle Summary Marriott International, Inc. Modifies Debt Exchange Offer for Its 7% Series E Notes Due 2008 and Its 7-7/8% Series C Notes Due 2009
WASHINGTON, Oct 20, 2005 /PRNewswire-FirstCall via COMTEX News Network/ -- Marriott International, Inc. (NYSE: MAR) today announced that it has modified its offers to exchange a new series of Senior Notes due November 10, 2015 (the "New Notes") for up to $293,890,000 of its 7% Series E Notes due
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Toggle Summary Marriott International, Inc. Announces Exchange Offer for Its 7% Series E Notes Due 2008 and Its 7-7/8% Series C Notes Due 2009
WASHINGTON, Oct 11, 2005 /PRNewswire-FirstCall via COMTEX/ -- Marriott International, Inc. (NYSE: MAR) today announced an offer to exchange a new series of Senior Notes due November 10, 2015 (the "New Notes") for up to $293,890,000 of its 7% Series E Notes due January 15, 2008 and up to
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Toggle Summary /FIRST ADD -- DCTH010 -- Marriott International, Inc. Earnings/
Oct 06, 2005 /PRNewswire via COMTEX/ -- MARRIOTT INTERNATIONAL, INC. Financial Highlights (in millions, except per share amounts) 12 Weeks Ended 12 Weeks Ended September 9, 2005 September 10, 2004 -------------------- -------------------- Percent Synthetic Synthetic Better/ Lodging Fuel Total
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Toggle Summary Marriott International Reports Outstanding Quarter
MARRIOTT INTERNATIONAL REPORTS OUTSTANDING QUARTER Diluted earnings per share (EPS) totaled $0.65 in the third quarter of 2005 and income from continuing operations was $148 million. Results included a $17 million non-cash pre-tax impairment charge ($0.05 per share after-tax) related to an
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Toggle Summary Marriott International to Release Third Quarter 2005 Earnings October 6, 2005
WASHINGTON, Sept 12, 2005 /PRNewswire-FirstCall via COMTEX/ -- Marriott International, Inc. (NYSE: MAR) will conduct its 2005 third quarter earnings review for the investment community and news media on Thursday, October 6, 2005, at 10 a.m. Eastern Time (ET).
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Toggle Summary Marriott Declares Cash Dividend; Board Approves Increase in Share Repurchase Authorization by 25 Million Shares
WASHINGTON, Aug 04, 2005 /PRNewswire-FirstCall via COMTEX/ -- Marriott International, Inc. (NYSE: MAR) today announced that its board of directors declared a quarterly cash dividend of ten and one half cents per share of common stock. The company and its predecessors (old Marriott International,
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Toggle Summary Marriott International Reports Outstanding Second Quarter 2005 Results
- Worldwide, systemwide revenue per available room (REVPAR) increased 11.1 percent (10.4 percent using constant dollars) over second quarter 2004, driven by an 8.9 percent increase in average daily rate and a 1.5 percentage point increase in occupancy to over 75 percent; - Incentive management fees grew 44 percent to $52 million, driven by a 170 basis point increase in worldwide property level house profit margins; total fees rose 18 percent to $253 million; - The company opened nearly 6,000 rooms in the second quarter and increased its pipeline of hotels under construction, awaiting conversion, or approved for development to 60,000 rooms. 25,000 to 30,000 rooms are expected to open in 2005; - During the quarter, 7.2 million shares were repurchased for $457 million; - Notes receivable repayments and asset sales, including timeshare notes, yielded proceeds of nearly $700 million during the quarter; - The company expects North American systemwide REVPAR to increase 8 percent to 10 percent for the full year 2005 and expects earnings per share to total $2.68 to $2.78 (including $0.26 for charges associated with the CTF transaction, $0.10 for costs related to the bedding incentive program and $0.49 to $0.51 of income from synthetic fuel operations).
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Toggle Summary IRS Confirms That Marriott Synthetic Fuel Plants Meet Placed-In-Service Requirement
WASHINGTON, June 27, 2005 /PRNewswire-FirstCall via COMTEX/ -- Marriott International (NYSE: MAR) announced today that the Internal Revenue Service (IRS) National Office issued a Technical Advice Memorandum confirming that the synthetic fuel facilities owned by Marriott's synthetic fuel ventures
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