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Ancillaryrevenues increased 19% compared to second quarter 2024 and 13% on a year-to date basis. With consistent development, royalty rate and ancillary fee growth, we remain very confident in our ability to create long-term value for our shareholders, franchisees, and team members through the enduring appeal of our iconic brands.”
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Ancillaryrevenues increased 6% compared to second quarter 2023. economy brands. Compared to 2019, which neutralizes the impact of COVID recovery timing, the company grew RevPAR for its economy and midscale brands by 9% and 8%, respectively, while RevPAR for its upscale and above brands continued to lag 2019 by 2%.
“Our teams around the world once again delivered exceptional results, executing our long-term growth strategy and achieving 7% growth in comparable adjusted EBITDA fueled by continued system expansion, higher royalty rates and growth in our ancillaryrevenues,” said Geoff Ballotti, president/CEO. “We which increased 10% YOY.
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Our teams focus on expanding into higher FeePAR markets, growing our extended-stay footprint and unlocking new ancillaryrevenue streams underscore the diverse growth opportunities inherent in our asset-light, resilient business model. Key highlights include: 7% growth in the U.S.
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