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Choice exceeds full-year 2024 expecations

Hotel Business

year-over-year net increase in our more revenue-intense domestic rooms portfolio, a testament to the success of our growth strategy,” said Patrick Pacious, president/CEO, Choice. from year-end 2023, and its pipeline reached nearly 43,000 rooms. from year-end 2023, and its pipeline reached nearly 25,000 rooms.

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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. The company’s development pipeline consists of nearly 2,000 hotels and approximately 243,000 rooms, an all-time record for the latter.

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Wyndham grows development pipeline by 7% in Q2

Hotel Business

Wyndham Hotels & Resorts reported its second quarter results, including growing its development pipeline by 7% and system size by 4% in the period. Development pipeline grew 1% sequentially and 7% year-over-year to a record 245,000 rooms. Ancillary revenues increased 6% compared to second quarter 2023.

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Survey Results: Revenue Management Trends & Predictions for 2024

Hotel Speak

The annual Duetto Revenue Management Trends & Predictions Survey results are in! There was also continued investment in technology, This year, we take a closer look at how that group business might be revenue optimized, as well as identify the channel management tactics hotels are planning to invest effort in for 2024.

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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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LuxUrban Hotels names Robert Arigo COO

Hotel Business

Arigo, who brings 35 years of industry experience to LuxUrban, will be primarily responsible for the day-to-day operations of the company’s hotel portfolio, with a focus on enhancing property-level operations, optimizing supply chain relationships, elevating the customer experience and pursuing ancillary revenue opportunities across the portfolio.

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Investing in Business Intelligence: Transforming Hospitality Through Data

Amadeus Hospitality

Hoteliers are recognizing the immense value that data brings to their business, from understanding drivers of demand to developing effective revenue management strategies. The power of data to boost efficiency and increase revenue The benefits of business intelligence are tangible.