q3 2017 financial reports
Q3 2017 Financial Reports Round Up Part 2: Hilton, Wyndham, Las Vegas Sands, Pebblebrook
October 26, 2017
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 in...
Q3 2017 Financial Reports Round Up Part 1: IHG, AccorHotels, LaSalle
October 20, 2017
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...
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