Marriott Non-GAAP EPS of $2.09 beats by $0.25, revenue of $5.62B beats by $180M
Marriott press release (NASDAQ:MAR): Q1 Non-GAAP EPS of $2.09  beats by $0.25.
Revenue of $5.62B (+33.8% Y/Y)  beats by $180M.
Comparable systemwide constant dollar RevPAR increased 34.3 percent worldwide, 25.6 percent in the U.S. & Canada, and 63.1 percent in international markets, compared to the 2022 first quarter.

The company expects Q2 adjusted EPS in the range of $2.09 to $2.15 vs. consensus of $2.02; FY2023 adjusted EPS in the range of $7.97 to $8.42 vs. consensus of $7.72.
CEO comment: "Our industry-leading pipeline grew to approximately 502,000 rooms, up 2.6 percent from the year-ago quarter end. Conversion activity remained healthy, accounting for 29 percent of rooms signed and 25 percent of rooms opened in the quarter. We still expect net rooms growth of 4 to 4.5 percent for full year 2023."
"While the global economic picture is uncertain, demand remains strong, and we are not seeing signs of a slowdown. With the faster than expected recovery in international markets and continued solid booking trends globally to date in the second quarter, we are raising our RevPAR guidance for the full year. We believe our broad portfolio of brands, award-winning Marriott Bonvoy loyalty program, dedicated associates, and efficient asset-light business model position us very well for future growth."