Close

Cart

Total $0.00

Checkout

AccorHotels reports strong third quarter revenue increases, up 6.4%, and are confident of meeting full-year 2017 operating profit guidance at the upper end of the €460 million ($542.1 million) to €480 million ($566 million), as announced in July.

InterContinental Hotels Group saw a 2.3% increase in revenue per available room; Globally opened 11K rooms, increasing net system size 4.1% YoY to 786K rooms; Future growth includes 20K rooms (137 hotels) signed; pipeline of 235K rooms

LaSalle Hotel Properties saw a 79.6% decline in net income to $31.1 million primarily due to  challenges as a result of resort closeures from hurricanes and  growing hotel supply and less citywide demand in our markets. Excluding Key West, the Company’s third quarter RevPAR decreased 3.6%.

Related News

IHG Signs with Cornerstone Partners Group for Kimpton Taipei Marking Brand First in Taiwan

Aramark Completes Purchase of Avendra for $1,350 Million

HK CTS Hotels and Kew Green Hotels Partner with IHG to Manage Hotels in Mainland China

IHG Celebrates Groundbreaking of New Brand, avid™ hotels, in Oklahoma City

AccorHotels Signs with Nakheel for Raffles Hotel and Residences at PALM360 on Palm Jumeirah, Dubai

IHG Partners with Ghelambo for 430-Room Dual-Branded Crowne Plaza and Holiday Inn Express Warsaw Hub, an IHG-First in Poland

IHG in Partnership with JEJUair Plan 2018 Opening of 300-Room Holiday Inn Express Hotel in Seoul, South Korea

IHG Partners with SAMHI to Expand Holiday Inn Express Portfolio in India

IHG ANA Hotels Group Japan, a Joint Venture, Enters Agreement to Launch New Hotel Indigo® Hakone Gora in Japan

Brazil Hospitality Group (BHG) Enters Partnership with AccorHotels for Management of 17 of BHG’s Owned Hotels

Al Badr For Investments and Commercial Spaces Company Signs for First Crowne Plaza Hotel in Cairo

IHG Appoints Vivek Bhalla as the New Regional Vice President, South West Asia

Leisure Hotel Holding and IHG Enter Agreement for First Holiday Inn in Cape Town, Africa

Q3 2017 Financial Reports Round Up Part 2: Hilton, Wyndham, Las Vegas Sands, Pebblebrook

IHG Executes Four New Resort Signings in Southeast Asia that Includes Regions First Kimpton and New Market Entry for Hotel Indigo

Owned and Managed by SS Hoteis Eireli-ME, 209-Room Holiday Inn Goiânia Opens in Brazil

Landmark Hotel Reopening Early 2018 in Poland as Raffles Europejski Warsaw Following Restoration

IHG Signs Three Management Contracts to Introduce Kimpton Hotels & Restaurants to Asia

AccorHotels Signs an Agreement to Acquire Mantra Group Limited

Kingston Holdings International Limited & IHG Sign Management Agreement for New Holiday Inn and Suites in Dubai Business Bay

All News »

Please login or register to post a comment.