Owned Leasedand Other — Operating costs
Marriott International Owned Leasedand Other — Operating costs increased by 56.7% to $511.00M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 60.7%, from $318.00M to $511.00M. Over 4 years (FY 2021 to FY 2025), Owned Leasedand Other — Operating costs shows an upward trend with a 18.8% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
An increase relative to revenue suggests margin compression and operational inefficiency, while a decrease may indicate improved cost management or reduced property footprint.
Detailed definition
This metric captures the direct operating expenses incurred to maintain and run hotel properties that are owned or lease...
Peer comparison
Comparable to property-level operating expenses reported by other hospitality firms that maintain a balance of owned and leased assets.
mar_segment_owned_leased_and_other_operating_costsHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $168.00M | $204.00M | $227.00M | $197.00M | $281.00M | $301.00M | $295.00M | $281.00M | $287.00M | $293.00M | $304.00M | $286.00M | $296.00M | $300.00M | $318.00M | $296.00M | $328.00M | $326.00M | $511.00M |
| QoQ Change | — | +21.4% | +11.3% | -13.2% | +42.6% | +7.1% | -2.0% | -4.7% | +2.1% | +2.1% | +3.8% | -5.9% | +3.5% | +1.4% | +6.0% | -6.9% | +10.8% | -0.6% | +56.7% |
| YoY Change | — | — | — | — | +67.3% | +47.5% | +30.0% | +42.6% | +2.1% | -2.7% | +3.1% | +1.8% | +3.1% | +2.4% | +4.6% | +3.5% | +10.8% | +8.7% | +60.7% |
Similar Metrics at Other Companies
Frequently Asked Questions
- What is Marriott International's owned leasedand other — operating costs?
- Marriott International (MAR) reported owned leasedand other — operating costs of $511.00M in Q4 2025.
- How has Marriott International's owned leasedand other — operating costs changed year-over-year?
- Marriott International's owned leasedand other — operating costs increased by 60.7% year-over-year, from $318.00M to $511.00M.
- What is the long-term trend for Marriott International's owned leasedand other — operating costs?
- Over 4 years (2021 to 2025), Marriott International's owned leasedand other — operating costs has grown at a 18.8% compound annual growth rate (CAGR), from $734.00M to $1.46B.
- What does owned leasedand other — operating costs mean?
- The total direct operating expenses associated with running company-owned or leased hotel properties.