Marriott International Reports 2007 Second Quarter Results

Worldwide systemwide comparable revenue per available room (REVPAR) rose 7.5 percent (6.4 percent using constant dollars) for the second quarter ended June 15;

-- Worldwide company-operated house profit margins rose 160 basis points. House profit per available room increased 10.4 percent;

-- Combined base management and franchise fees increased 10 percent to $249 million in the second quarter as a result of strong REVPAR growth and unit expansion. Incentive fees jumped 51 percent to $116 million;

-- Approximately 7,000 rooms opened during the quarter, including over 1,700 rooms outside of the United States;-- The company's worldwide pipeline of hotels under construction, awaiting conversion or approved for development totaled over 110,000 rooms;

Marriott International, Inc. today reported second quarter 2007 adjusted net income of $229 million, an increase of 26 percent, and adjusted diluted earnings per share (EPS) of $0.57, an increase of 36 percent.