Marriott International's Middle East business showed a meaningful improvement in July, with revenue per available room declining 12% year over year, a sharp improvement from the 43% decline in the second quarter. Global room revenue increased 7% in July, with the U.S. and Canada up 8%, and RevPAR growth was broad-based across luxury, premium/select and mid-scale brands. The Middle East represents only about 3% of Marriott's global fees but 6% of its development pipeline, meaning prolonged conflict can have an outsized impact on future hotel openings, and supply-chain disruptions and restricted capital flows have already delayed projects, pushing Marriott toward the lower end of its full-year net unit growth target. The latest escalation between the U.S. and Iran has increased uncertainty, and The Wall Street Journal reports that Gulf tourism, aviation and hotels continue to face significant disruption, with Dubai hotel occupancy falling sharply during the first half of 2026. Persistent conflict has also pushed oil prices higher and increased inflationary pressure, which could eventually weaken consumer purchasing power and discretionary travel spending globally.
Marriott International IncUS-Iran escalation and Gulf conflict disruption hit Middle East RevPAR and delay hotel development, pushing Marriott toward the low end of its net unit growth target
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