Q3 2017 Financial Reports Round Up Part 2: Hilton, Wyndham, Las Vegas Sands, Pebblebrook
October 26, 2017 8:13am
Hilton Worldwide reports net income of $181 million for the third quarter 2017. Hilton added 12,000 net rooms in the third quarter and the development pipeline hit a record 335,000 rooms in Q3, a 13% rise over the same quarter in 2016. System-wide comparable RevPAR increased 1.3 percent on a currency neutral basis for the third quarter compared to the prior year
Wyndham Worldwide reports net income in the third quarter of 2017 at $203 million compared with $196 million for the third quarter of 2016. Third quarter domestic same-store RevPAR increased 2.3% compared with third quarter 2016. In constant currency, global same-store RevPAR increased 3.3%.
Las Vegas Sands reports net income increased 13.0% to $685 million, compared to $606 million in the year-ago quarter. Net revenue for the third quarter of 2017 increased 7.7% to $3.20 billion , compared to $2.97 billion in the third quarter of 2016.
Pebblebrook Hotel Trust reports net income of $30.6 million in the third quarter of 2017, increasing $66.1 million as compared to the same period of 2016. Same-Property RevPAR in the third quarter of 2017 declined 3.1 percent versus the same period of 2016 to $229.68
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