MAR · 10-Q · 2026Q3 · Full report

Distribution Channels

MARRIOTT INTERNATIONAL INC /MD/ · 2026-11-02 · Importance 40 · Surprise 42

During 2026, Marriott executed new multi-year agreements in the U.S. with JPMorgan Chase and American Express for its co-branded credit card program. The company expects the agreements to favorably affect future total revenues, primarily through cost reimbursement revenue and then franchise fees. The agreements extend Marriott’s partner distribution ecosystem through its co-branded card relationships.