Marriott International (MAR) Q1 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Stand by, we're about to begin. Good day, everyone, and welcome to today's Marriott International first quarter 2025 earnings call. At this time, all participants are in a listen-only mode. Later, you will have the opportunity to ask questions during the question and answer session. You may register to ask a question at any time by pressing the star and one on your telephone keypad. You may withdraw yourself from the queue by pressing star and two. Please note this call may be recorded, and I will be standing by if you need any assistance. It is now my pleasure to turn the conference over to Jackie McConaghy, Senior Vice President of Investor Relations. Please go ahead, ma'am. Thank you. Good morning, everyone, and welcome to Myriad's first quarter 2025 earnings call. On the call with me today is Tony Capuano, the President and Chief Executive Officer, Lainey Oberg, our Chief Financial Officer and Executive Vice President, Developments, and Pilar Fernandez, Senior Director of Investor Relations. Before we begin, I would like to remind everyone that many of our comments today are not historical facts and are considered forward-looking statements under federal securities laws. These statements are subject to numerous risks and uncertainties, as described in our FTC filings, which could cause future results to differ materially from those expressed in or implied by your comments. Unless otherwise stated, our rev par occupancy, average daily rate, and property level revenues comments reflect system-wide constant currency results for comparable hotels, and all changes refer to year-over-year changes for the comparable period. Statements in our comments and the press release we issued earlier today are effective only today and will not be updated if actual events unfold. y...