| Stage | MAR | % of rev | HLT | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $7.1B | 100.00% | $3.3B | 100.00% | MAR ×2.13 |
| Gross profit | $1.6B | 21.98% | $3.1B | 91.85% | HLT +69.9pp |
| Operating income | $1.2B | 17.38% | $909M | 27.34% | HLT +10.0pp |
| Pre-tax income | $1.0B | 14.76% | $722M | 21.71% | HLT +6.9pp |
| Net income | $766M | 10.83% | $536M | 16.12% | HLT +5.3pp |
| Stage | MAR | HLT | Gap · A − B |
|---|---|---|---|
| Revenue | $7.1B100.00% | $3.3B100.00% | MAR ×2.13 |
| Gross profit | 21.98%$1.6B | 91.85%$3.1B | HLT +69.9pp |
| Operating income | 17.38%$1.2B | 27.34%$909M | HLT +10.0pp |
| Pre-tax income | 14.76%$1.0B | 21.71%$722M | HLT +6.9pp |
| Net income |
| 10.83%$766M |
| 16.12%$536M |
| HLT +5.3pp |
MAR · AXP 10-KFeb 6 '26
“There are many examples of how we work with partners, including: issuing cards under cobrand arrangements with other corporations and institutions (e.g., Delta Air Lines (Delta), Marriott International, British Airways and Hilton Worldwide Holdings);”
HLT · AXP 10-KFeb 6 '26
“There are many examples of how we work with partners, including: issuing cards under cobrand arrangements with other corporations and institutions (e.g., Delta Air Lines (Delta), Marriott International, British Airways and Hilton Worldwide Holdings);”
MAR · APLE 10-KFeb 23 '26
“Substantially all of the Company's hotels operate under Marriott or Hilton brands, and as of December 31, 2025, consisted of the following:”
HLT · APLE 10-KFeb 23 '26
“Substantially all of the Company's hotels operate under Marriott or Hilton brands, and as of December 31, 2025, consisted of the following:”
MAR · SHO 10-KFeb 27 '26
“In June 2025, we entered into a one-year extension agreement with Marriott to extend the franchise agreement for The Bidwell Marriott Portland until October 2026.”
HLT · SHO 10-KFeb 27 '26
“As of December 31, 2025, our third-party managers included: subsidiaries of Marriott International, Inc. or Marriott Hotel Services, Inc. (collectively, "Marriott"), managers of six of our hotels; Hyatt Hotels Corporation ("Hyatt"), manager of three of our hotels; and Four Seasons Hotels Limited ("Four Seasons"), Hilton Worldwide Holdings Inc. ("Hilton"), Montage North America, LLC ("Montage"), Sage Hospitality Group ("Sage") and Singh Hospitality, LLC ("Singh") (aka EOS Hospitality), each a manager of one of the Company's hotels.”
MAR · INN 10-KFeb 25 '26
“over 99% of our guestrooms operated under premium franchise brands owned by Marriott ® International, Inc. ("Marriott"), Hilton ® Worldwide ("Hilton"), Hyatt ® Hotels Corporation ("Hyatt"), and InterContinental ® Hotels Group ("IHG").”
HLT · INN 10-KFeb 25 '26
“over 99% of our guestrooms operated under premium franchise brands owned by Marriott ® International, Inc. ("Marriott"), Hilton ® Worldwide ("Hilton"), Hyatt ® Hotels Corporation ("Hyatt"), and InterContinental ® Hotels Group ("IHG").”
MAR · BHR 10-KMar 12 '26
“Six of the 13 hotel properties in our portfolio are managed under brands affiliated with Marriott International, Inc. ("Marriott") and Hilton Worldwide, Inc. ("Hilton").”
HLT · BHR 10-KMar 12 '26
“Six of the 13 hotel properties in our portfolio are managed under brands affiliated with Marriott International, Inc. ("Marriott") and Hilton Worldwide, Inc. ("Hilton").”
MAR · AHT 10-KMar 23 '26
“We contractually engage hotel managers, such as Marriott, Hilton, Hyatt and our affiliate, Remington Hospitality, which is owned by Ashford Inc., to operate, and to employ the personnel required to operate our hotels.”
HLT · AHT 10-KMar 23 '26
“We contractually engage hotel managers, such as Marriott, Hilton, Hyatt and our affiliate, Remington Hospitality, which is owned by Ashford Inc., to operate, and to employ the personnel required to operate our hotels.”