Marriott Lowers Guidance as Trade Wars Add Uncertainty to Travel

Marriott International Inc. lowered its estimates for a key measure of revenue growth, joining the ranks of hotel companies adjusting expectations for an uncertain economic moment.

• Marriott said in a statement Tuesday that revenue per available room would increase by 1.5% to 3.5% in 2025. The company previously projected that the measure would rise between 2% and 4%.

Key Insights

• Marriott, the world’s largest hotel company with more than 1.7 million rooms, is following rivals including Hilton Worldwide Holdings Inc., Hyatt Hotels Corp. and Wyndham Hotels & Resorts Inc. that have lowered full-year guidance. Marriott, whose global system is ...