Choice Hotels International | May 13, 2022
First quarter domestic RevPAR exceeded 2019 levels by 10.4%; applications for new domestic franchise agreements increased 46% year-over-year ROCKVILLE, Md., May 13, 2022-- Choice Hotels International, Inc. (NYSE: CHH), one of the world's largest lodging franchisors, reported its results today for the three months ended March 31, 2022. "Building on the record year we had in 2021, where we surpassed 2019 RevPAR and profitability levels, Choice Hotels' proven business model once again delivered impressive quarterly results, and we expect this momentum to continue as we approach the summer leisure travel season," said Patrick Pacious, pre...
Hyatt Hotels Corporation | May 13, 2022
System-wide RevPAR Surges in March, Strengthens Further in April; Over 40% of $2.0B Asset Disposition Commitment Closed or Under Contract CHICAGO (May 13, 2022) - Hyatt Hotels Corporation ("Hyatt" or the "Company") (NYSE: H) today reported first quarter 2022 financial results. Net loss attributable to Hyatt was $73 million, or $0.67 per diluted share, in the first quarter of 2022, compared to a net loss attributable to Hyatt of $304 million, or $2.99 per diluted share, in the first quarter of 2021. Adjusted net loss attributable to Hyatt was $36 million, or $0.33 per diluted share, in the first quarter of 2022, compared to Adjusted ne...
Hilton | May 13, 2022
MCLEAN, Va. - Hilton Worldwide Holdings Inc. ("Hilton" or the "Company") (NYSE: HLT) today reported its first quarter 2022 results. Highlights include: Diluted EPS was $0.75 for the first quarter, and diluted EPS, adjusted for special items, was $0.71 Net income was $211 million for the first quarter Adjusted EBITDA was $448 million for the first quarter System-wide comparable RevPAR increased 80.5 percent, on a currency neutral basis, for the first quarter compared to the same period in 2021 System-wide comparable RevPAR was down 17.0 percent, on a currency neutral basis, for the first quarter compared to the same period in ...
IHG Hotels & Resorts | May 13, 2022
Q1 group RevPAR up 61% vs 2021 and attaining 82% of 2019’s level Average daily rate up 27% vs 2021 and in line with 2019 Americas and EMEAA saw sequentially improved trading in February and March after a challenging January Greater China trading in March impacted by tightening of localised travel restrictions Gross system size growth of +4.9% YOY, +0.7% YTD; opened 6.6k rooms (45 hotels) in Q1, broadly similar to 2021 Net system size growth of +3.4% YOY (adjusted for Holiday Inn and Crowne Plaza removals in 2021), +0.5% YTD Global system of 885k rooms (6,028 hotels); 68% across midscale segments, 32% across upscale and...
Marriott International, Inc. | May 13, 2022
First quarter 2022 comparable systemwide constant dollar RevPAR increased 96.5 percent worldwide, 99.1 percent in the U.S. & Canada, and 88.5 percent in international markets, compared to the 2021 first quarter; First quarter 2022 comparable systemwide constant dollar RevPAR declined 19.4 percent worldwide, 14.5 percent in the U.S. & Canada, and 31.7 percent in international markets, compared to the 2019 first quarter; First quarter reported diluted EPS totaled $1.14, compared to reported diluted loss per share of $0.03 in the year-ago quarter. First quarter adjusted diluted EPS totaled $1.25, compared to first quarter 202...
myDigitalOffice Acquires Datavision to Expand Hotel Performance & Analytics Footprint
UniFocus Unveils Gratitude Digital Tipping Solution at HITEC 2022 to Boost Hotel Staff Salaries and Enhance Employee Retention
Cloudbeds Acquires Whistle, Moves to Solve Friction in Guest Journey
PPDS Unveils a New Line of Hygiene-Focused, Efficient, and Virtually Bezel-Free Voice-Controlled Philips MediaSuite Hotel TVs at HITEC 2022
As the first news aggregate for the hotel industry, Hotel-Online is the industry’s must-read daily news source for everything hotel curated for busy professionals. Sign up today for industry news delivered to your inbox.