NASDAQ:MAR 4 November 2025 - 11 February 2026

Marriott International shares surged 8.5% on Tuesday, ending the session at $359.35 after touching a new all-time high of $363.54. The rally followed the company’s outlook for a 35% jump in co-branded credit card fees. Marriott is projecting RevPAR growth of 1.5% to 2.5% in 2026, with the FIFA World Cup expected to tack on another 30 to 35 basis points to the global figure. CEO Anthony Capuano cited “almost insatiable demand for luxury” abroad, and Jefferies’ David Katz flagged the fee guidance as “higher than expected.”

Travelers across the U.S., Europe and beyond are still dealing with the fallout from Sonder’s sudden shutdown and planned liquidation this week, after Marriott International terminated its licensing agreement with the apartment‑hotel operator. The latest development today: Marriott has published a dedicated FAQ advising customers with pre‑paid Sonder reservations made through Marriott channels to contact their credit‑card issuing bank to initiate a refund request, signaling a shift away from earlier suggestions that refunds would be handled directly by Marriott. Marriott+2Business Insider+2