corporate income
Hyatt Reports First Quarter 2024 Results
Hyatt | May 9, 2024
CHICAGO (May 9, 2024) - Hyatt Hotels Corporation ("Hyatt" or the "Company") (NYSE: H) today reported first quarter 2024 results. Highlights include: Comparable system-wide hotels RevPAR increased 5.5% compared to the same period in 2023 Comparable system-wide all-inclusive resorts Net Package RevPAR increased 11.0% compared to the same period in 2023 Net Rooms Growth was approximately 5.5% Net Income was $522 million and Adjusted Net Income was $75 million Diluted EPS was $4.93 and Adjusted Diluted EPS was $0.71 Adjusted EBITDA was $252 million Pipeline of executed management or franchise ...
IHG Hotels & Resorts Shares Q1 2024 Trading Update
IHG | May 6, 2024
Highlights Q1 global RevPAR +2.6% YOY, with Americas -0.3%, EMEAA +8.9% and Greater China +2.5% Average daily rate +2.3%, occupancy +0.2%pts Gross system size growth +5.0% YOY, +0.7% YTD; opened 6.3k rooms (46 hotels) in Q1, +11.1% more YOY adjusting for Iberostar Net system size growth +3.4% YOY, +0.0% YTD; adjusting for Iberostar +3.2% YOY, +0.0% YTD Global system of 946k rooms (6,368 hotels); 66% across midscale segments, 34% across upscale and luxury Signed 17.7k rooms (129 hotels) in Q1, +7.1% YOY; global pipeline of 305k rooms (2,079 hotels), +6.6% YOY $239m of 2024’s $800m share buyback programme completed to d...
Marriott International Reports First Quarter 2024 Results
Marriott International, Inc. | May 2, 2024
First quarter 2024 comparable systemwide constant dollar RevPAR increased 4.2 percent worldwide, 1.5 percent in the U.S. & Canada, and 11.1 percent in international markets, compared to the 2023 first quarter; First quarter reported diluted EPS totaled $1.93, compared to reported diluted EPS of $2.43 in the year-ago quarter. First quarter adjusted diluted EPS totaled $2.13, compared to first quarter 2023 adjusted diluted EPS of $2.09; First quarter reported net income totaled $564 million, compared to reported net income of $757 million in the year-ago quarter. First quarter adjusted net income totaled $620 million, compared to...
Wyndham Hotels & Resorts Reports Strong First Quarter Results
Wyndham Hotels & Resorts | April 26, 2024
PARSIPPANY, N.J., April 26, 2024 -- Wyndham Hotels & Resorts (NYSE: WH) today announced results for the three months ended March 31, 2024. Highlights include: Global RevPAR grew 1% in constant currency and ancillary revenues grew 8% compared to first quarter 2023. System-wide rooms grew 4% year-over-year. Opened over 13,000 rooms, representing a year-over-year increase of 27%. Awarded 171 development contracts, an increase of 8% year-over-year. Development pipeline grew 1% sequentially and 8% year-over-year to a record 243,000 rooms. Entered upscale extended stay segment through a strategic relationship with WaterW...
Hilton Reports First Quarter Results
Hilton | April 26, 2024
MCLEAN, VA - Hilton Worldwide Holdings Inc. ("Hilton," "the Company," "we," "us" or "our") (NYSE: HLT) today reported its first quarter 2024 results. Highlights include: Diluted EPS was $1.04 for the first quarter, and diluted EPS, adjusted for special items, was $1.53 Net income was $268 million for the first quarter Adjusted EBITDA was $750 million for the first quarter System-wide comparable RevPAR increased 2.0 percent, on a currency neutral basis, for the first quarter compared to the same period in 2023 Approved 29,800 new rooms for development during the first quarter, bringing Hilton's development pipeline to a record...
Hilton Reports Third Quarter Results
Hilton | October 25, 2023
MCLEAN, VA - Hilton Worldwide Holdings Inc. ("Hilton" or the "Company") (NYSE: HLT) today reported its third quarter 2023 results. Highlights include: Diluted EPS was $1.44 for the third quarter, and diluted EPS, adjusted for special items, was $1.67 Net income was $379 million for the third quarter Adjusted EBITDA was $834 million for the third quarter System-wide comparable RevPAR increased 6.8 percent, on a currency neutral basis, for the third quarter compared to the same period in 2022 System-wide comparable RevPAR increased 11.4 percent, on a currency neutral basis, for the third quarter compared to the same period in 2...
Hilton Reports Second Quarter Results; Raises Full Year Outlook
Hilton | July 26, 2023
MCLEAN, VA - Hilton Worldwide Holdings Inc. ("Hilton" or the "Company") (NYSE: HLT) today reported its second quarter 2023 results. Highlights include: • Diluted EPS was $1.55 for the second quarter, and diluted EPS, adjusted for special items, was $1.63, both exceeding the high end of guidance • Net income was $413 million for the second quarter, exceeding the high end of guidance • Adjusted EBITDA was $811 million for the second quarter, exceeding the high end of guidance • System-wide comparable RevPAR increased 12.1 percent, on a currency-neutral basis, for the second quarter compared to the same period in 2022 • ...
Wyndham Hotels & Resorts Reports Strong First Quarter 2023 Results
Wyndham Hotels & Resorts | April 27, 2023
Company Grows Development Pipeline by 11% and Global RevPAR by 12%; Raises Full-Year 2023 Outlook PARSIPPANY, N.J., April 27, 2023 -- Wyndham Hotels & Resorts (NYSE: WH) today announced results for the three months ended March 31, 2023. Highlights include: Global RevPAR grew 12% compared to first quarter 2022 in constant currency. U.S. RevPAR grew 4% compared to first quarter 2022. System-wide rooms grew 4% year-over-year, including 1% of growth in the U.S. and 9% of growth internationally. Development pipeline grew 11% year-over-year to 226,000 rooms, and signings increased 7%, excluding ECHO Suites Exte...