Earnings release
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Marriott INTERNATIONAL ● ● ● ● ● ● Marriott International , Inc. Corporate Headquarters NEWS MARRIOTT INTERNATIONAL REPORTS FIRST QUARTER 2021 RESULTS First quarter 2021 comparable systemwide constant dollar RevPAR declined 46.3 percent worldwide , 46.3 percent in the U.S. & Canada , and 46.1 percent in international markets , compared to the 2020 first quarter ; First quarter 2021 comparable systemwide constant dollar RevPAR declined 59.1 percent worldwide , 57.1 percent in the U.S. & Canada , and 64.1 percent in international markets , compared to the 2019 first quarter ; First quarter reported diluted loss per share totaled $ 0.03 , compared to reported diluted EPS of $ 0.09 in the year - ago quarter . First quarter adjusted diluted EPS totaled $ 0.10 , compared to first quarter 2020 adjusted diluted EPS of $ 0.49 ; First quarter reported net loss totaled $ 11 million , compared to reported net income of $ 31 million in the year - ago quarter . First quarter adjusted net income totaled $ 34 million , compared to first quarter 2020 adjusted net income of $ 160 million ; Adjusted EBITDA totaled $ 296 million in the 2021 first quarter , compared to first quarter 2020 adjusted EBITDA of $ 442 million ; The company added more than 23,500 rooms globally during the first quarter , including nearly 12,000 rooms in international markets and a total of about 7,300 conversion rooms ; At quarter end , Marriott's worldwide development pipeline totaled over 2,800 properties and approximately 491,000 rooms , including roughly 18,000 rooms approved , but not yet subject to signed contracts . More than 222,000 rooms in the pipeline were under construction as of the end of the 2021 first quarter ; At the end of the first quarter , the company's net liquidity totaled approximately $ 4.7 billion , representing $ 0.6 billion in available cash balances and $ 4.1 billion of unused borrowing capacity under its revolving credit facility . BETHESDA , MD - May 10 , 2021 - Marriott International , Inc. ( NASDAQ : MAR ) today reported first quarter 2021 results , which were materially impacted by the COVID - 19 global pandemic and efforts to contain it ( COVID - 19 ) . 1