quarterly financial
Hyatt Reports Fourth Quarter and Full Year 2023 Results
Hyatt Hotels Corporation | February 26, 2024
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Accor Releases Full-Year 2023 Results: Record EBITDA of More Than €1 Billion
Accor | February 22, 2024
RESULTS ABOVE 2023 GUIDANCE RESUMED ATTRACTIVE SHAREHOLDER RETURNS POLICY CONFIDENCE IN GROWTH PROSPECTS FOR 2024 * * * RevPAR UP 23% LFL REVENUE UP 20% TO €5,056 MILLION EBITDA UP 49% TO €1,003 MILLION NET PROFIT GROUP SHARE UP 57% AT €633 MILLION Sébastien Bazin, Chairman and Chief Executive Officer of Accor, said: “Accor generated record-high results in 2023, with EBITDA breaking the €1 billion mark for the first time in its history. While there were numerous reasons for this success, the solid performances were above all attributable to the Group’s teams. I would like to thank them for their commitm...
Choice Hotels International Reports Fourth Quarter and Full-Year 2023 Results
Choice Hotels International, Inc. | February 20, 2024
Achieves Record Revenues in 2023 Exceeds Full-Year 2023 Outlook for Unit Growth Grows Global Rooms Pipeline Sequentially 6% including a 16% Increase for Conversion Hotels NORTH BETHESDA, Md., Feb. 20, 2024 -- Choice Hotels International, Inc. (NYSE: CHH), one of the world's leading lodging franchisors, today reported its fourth quarter and full-year 2023 results. Highlights include: Record total revenues grew 10% to $1.5 billion for full-year 2023 compared to the same period of 2022. Net income was $258.5 million for full-year 2023, representing diluted earnings per share (EPS) of $5.07. As a result of one-time items, i...
IHG Shares Full Year Results for the Year to 31 December 2023
IHG | February 20, 2024
2023 20221 % change Underlying2 % change REPORTABLE SEGMENTS2: Revenue2 $2,164m $1,843m +17% +19% Revenue from fee business2 $1,672m $1,434m +17% +17% Operating profit2 $1,019m $828m +23% +25% Fee margin2 59.3% 55.9% +3.4%pts Adjusted EPS2 375.7¢ 282.3¢ +33% GROUP RESULTS: Total revenue $4,624m $3,892m +19% Operating profit $1,066m $628m +70% Basic EPS 443.8¢ 207.2¢ +114% Total dividend per share 152.3¢ 138.4¢ +10% Net debt2 $2,272m $1,851m +23% 1. Re-presented for the adoption of IFRS 17 ‘Insurance Contract...
MGM Resorts International Reports Record Fourth Quarter and Full Year 2023 Results
MGM Resorts International | February 19, 2024
Las Vegas Strip Resorts achieved record full year and fourth quarter net revenue and Adjusted Property EBITDAR MGM China achieved record full year and fourth quarter Adjusted Property EBITDAR $2.3 billion in share repurchases in 2023 and $629 million during the quarter MGM Resorts senior secured credit facility expanded to $2.3 billion, providing increased liquidity LAS VEGAS, Feb. 19, 2024 -- MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") today reported financial results for the quarter and year ended December 31, 2023. "Our Las Vegas Strip Resorts and MGM China set new all-time records for full ye...
Wyndham Hotels & Resorts Reports Strong Fourth Quarter Results With Record Openings, Retention and System Growth
Wyndham Hotels & Resorts | February 19, 2024
Increases Quarterly Dividend by 9% Reiterates Full-Year 2024 Outlook PARSIPPANY, N.J., Feb. 19, 2024 -- Wyndham Hotels & Resorts (NYSE: WH) today announced results for the three months and year ended December 31, 2023. Highlights include: • System-wide rooms grew organically by 3.5% year-over-year, a record high. • Opened a record 66,000 organic rooms, representing a year-over-year increase of 3%. • Global retention rate - including all terminations - improved another 30 basis points to a record 95.6%. • Development pipeline grew 1% sequentially and by 10% year-over-year to a record 240,000 rooms. • Grew ECHO Suites p...
Marriott International Reports Strong Fourth Quarter and Full Year 2023 Results
Marriott International, Inc. | February 13, 2024
Fourth quarter 2023 comparable systemwide constant dollar RevPAR increased 7.2 percent worldwide, 3.3 percent in the U.S. & Canada, and 17.4 percent in international markets, compared to the 2022 fourth quarter; Fourth quarter reported diluted EPS totaled $2.87, compared to reported diluted EPS of $2.12 in the year-ago quarter. Fourth quarter adjusted diluted EPS totaled $3.57, compared to fourth quarter 2022 adjusted diluted EPS of $1.96; Fourth quarter reported net income totaled $848 million, compared to reported net income of $673 million in the year-ago quarter. Fourth quarter adjusted net income totaled $1,055 million, co...
Hilton Reports Fourth Quarter and Full Year Results
Hilton | February 12, 2024
MCLEAN, VA (February 12, 2024) - Hilton Worldwide Holdings Inc. ("Hilton," "the Company," "we," "us" or "our") (NYSE: HLT) today reported its fourth quarter and full year 2023 results. Highlights include: Diluted EPS was $0.57 for the fourth quarter and $4.33 for the full year Diluted EPS, adjusted for special items, was $1.68 for the fourth quarter and $6.21 for the full year Net income was $150 million for the fourth quarter and $1,151 million for the full year Adjusted EBITDA was $803 million for the fourth quarter and $3,089 million for the full year System-wide comparable RevPAR increased 5.7 percent and 12.6 percent, on...
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