Marriott International Reimbursements — Operating Income (Loss) remained flat by 0.0% to -$13.50M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 1.8%, from -$13.75M to -$13.50M. Over 4 years (FY 2021 to FY 2025), Reimbursements — Operating Income (Loss) shows a downward trend with a -9.1% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
An increase suggests improved efficiency in managing pass-through costs or higher administrative fee capture, while a decrease may indicate rising operational overhead or unrecovered costs associated with property management services.
This metric represents the operating profit or loss generated by the segment responsible for managing property-level rei...
Similar to 'reimbursable revenue margin' or 'net management fee income' at other global hotel operators, where the goal is to minimize the net cost burden of operating third-party properties.
mar_segment_reimbursements_expenses_operating_income_loss| FY'21 | FY'22 | FY'23 | FY'24 | FY'25 | |
|---|---|---|---|---|---|
| Value | $79.00M | $67.00M | $23.00M | -$55.00M | -$54.00M |
| YoY Change | — | -15.2% | -65.7% | -339.1% | +1.8% |