Discontinued — last reported Q4 '23
Marriott International Reimbursements — Operating Income (Loss) remained flat by 0.0% to $24.25M in Q4 2023 compared to the prior quarter. Year-over-year, this metric declined by 61.2%, from $62.50M to $24.25M. Over 2 years (FY 2021 to FY 2023), Reimbursements — Operating Income (Loss) shows an upward trend with a 10.8% 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 | |
|---|---|---|---|
| Value | $79.00M | $250.00M | $97.00M |
| YoY Change | — | +216.5% | -61.2% |