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Wyndham reports 5% increase in pipeline in Q2

Hotel Business

Ancillary revenues increased 19% compared to second quarter 2024 and 13% on a year-to date basis. Second quarter operating results The comparability of the company’s second quarter results is impacted by marketing fund variability. Awarded 229 development contracts globally, an increase of 40% year-over-year.

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Hotel costs: How to reduce expenses and boost revenue

SiteMinder

For hoteliers, hotel costs encompass everything from the cost of construction, to the cost of insurance, to the everyday operational costs of establishing, running and ultimately growing a hotel business.  The three main types are construction costs, insurance costs, and operating costs.  What are hotel costs?

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Wellness Residential growth lessons for hotels from THE WELL Founders

eHotelier

What this implies is that if hotels are not keeping up with the trends, then they are either losing bookings or will have a hard time growing nightly rates beyond what the commoditized market-determined price commands. How do you navigate this balance? Have you thought about collaborating with any luxury or longevity-oriented hotel brands?

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Wyndham reaches pipeline room record in Q1

Hotel Business

Wyndham Hotels & Resorts , for the first quarter ended March 31, reported that global RevPAR grew 1% in constant currency and ancillary revenues grew 8% compared to the first quarter of 2023. per share related to expected marketing fund variability (after estimated taxes). and growth of 14% internationally. billion and $1.46

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International gains spark Wyndham’s Q3 RevPAR growth

Hotel Business

“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 ancillary revenues,” said Geoff Ballotti, president/CEO. “We which increased 10% YOY.

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Wyndham grows development pipeline by 7% in Q2

Hotel Business

Ancillary revenues increased 6% compared to second quarter 2023. Year-to-date, we’ve returned over $250 million to shareholders, representing 4% ofour beginning market capitalization this year.” Awarded 180 development contracts globally, including 96 contracts in the U.S., international and global royalty rates.

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Hotel loyalty programs transform into sophisticated platforms

Hotelier Magazine

Now, hotel operators are constantly seeking innovative ways to enhance customer loyalty and set themselves apart in a crowded market. Our ability to leverage data and analytics to deliver innovative promotional constructs and greater personalization has resulted in strong results for our partners,” says Brown. “We