Insight
Marriott International's Middle East RevPAR fell 43% in the second quarter of 2026.
Iran War Drags Down Q2 Earnings for Big Hotel Chains
Summary
Q2 hotel earnings were better than expected globally due to domestic demand, but the Iran war's impact on the Middle East is a growing concern. Marriott's Middle East RevPAR dropped 43%, and Q4, the peak season, will be a critical test. Construction delays are also impacting new hotel growth.
Key takeaway