Choice Hotels International Reports A 10% Increase In First Quarter Domestic RevPAR

Choice Hotels International, Inc. (NYSE:CHH) today reported the following highlights for the first quarter 2015:

  • Revenues for the three months ended March 31, 2015 totaled $175.2 million, an increase of 10 percent from the same period of 2014.
  • Domestic hotel executed franchise agreements totaled 99 for the three months ended March 31, 2015, an increase of 68 percent from the same period of 2014.
  • Domestic relicensing and contract renewal transactions totaled 100 for the three months ended March 31, 2015, an increase of 20 percent from the same period of 2014.
  • The company’s new construction domestic pipeline of hotels under construction or approved for development increased 36 percent from March 31, 2014, and the total pipeline increased 30 percent. The increase in the new construction hotel pipeline was led by the company’s Comfort family of brands which increased 40 percent over the same period of the prior year.
  • Franchising revenues for the three months ended March 31, 2015, totaled $75.9 million, an increase of 8 percent from the same period of 2014.
  • Domestic royalty fees for the three months ended March 31, 2015, totaled $57.8 million, an increase of 9 percent from the same period of 2014.
  • Domestic system-wide revenue per available room (“RevPAR”) increased 9.6 percent in the first quarter of 2015, as occupancy and average daily rates increased 300 basis points and 3.7 percent, respectively from the same period of 2014.
  • Earnings before interest, taxes, depreciation and amortization (“EBITDA”) from franchising activities for the three months ended March 31, 2015, totaled $48.9 million, an increase of 5 percent from the same period of 2014.
  • Diluted earnings per share (“EPS”) from continuing operations for the three months ended March 31, 2015, totaled $0.37, an increase of 3 percent from the same period of 2014.
  • Domestic units increased 0.2 percent from March 31, 2014.

To view full first quarter financial results please visit:

http://media.choicehotels.com/phoenix.zhtml?c=217856&p=irol-newsArticle&ID=2044718

Ryman Hospitality Properties, Inc. Reports First Quarter 2015 Results

– First Quarter Net Income of $4.5 Million –

– Total Adjusted EBITDA Increase of 11.0 Percent to $73.8 Million –

– Hospitality Adjusted EBITDA Margin Improves 200 Basis Points –

– RevPAR Increase of 4.0 Percent and Total RevPAR Increase of 1.8 Percent –

– First Quarter Adjusted FFO of $58.9 Million –

– Updated Guidance for 2015 –

To view full first quarter financial results please visit:

http://ir.rymanhp.com/phoenix.zhtml?c=72635&p=irol-newsArticle&ID=2044658