• Marriott average ebitda margin for 2023 was 18.37%, a 7.68% decline from 2022.
• Marriott average ebitda margin for 2022 was 17.06%, a 63.1% increase from 2021.
• Marriott average ebitda margin for 2021 was 10.46%, a 37.63% increase from 2020.

Ebitda margin can be defined as earnings before interest, taxes, depreciation and amortization as a portion of total revenue.