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“Our unique positioning has enabled us to outperform our peers, gain marketshare and emerge stronger even in periods of economic uncertainty. million, representing diluted earnings per share (EPS) of $0.94, a 52% increase compared to the same period of 2024. and occupancy levels increased by 30 bps.
30, reported a record-high development pipeline of 1,930 hotels. Our economy brands gained marketshare domestically amidst a backdrop of normalizing U.S. leisure demand, and international occupancy continued to recover. economy brands gained marketshare of 100 basis points in the third quarter.
.” H1 highlights include: Americas H1 RevPAR up +11% YOY, EMEAA +42% and Greater China +94%, reflecting the differing levels of travel restrictions that were still in place in H1 2022 ADR up +7% vs. 2022, +11% vs 2019; occupancy up +9% pts vs 2022, just 1.3% and now has 25 open and pipeline properties globally.
We awarded 10% more franchise contracts domestically this quarter, driving 5% growth in our development pipeline. which increased 10% YOY Development pipeline grew 1% sequentially and 5% YOY to a record 248,000 rooms Ancillary revenues increased 8% compared to third-quarter 2023. Key highlights include: 7% growth in the U.S.
By Nicole Di Tomasso According to Avison Young’s Canada Hotel Market Report, Canada’s hotel industry demonstrated a strong recovery in 2023, surpassing pre-pandemic levels in key performance indicators (KPIs) such as Average Daily Rate (ADR), Revenue Per Available Room (RevPAR) and occupancy. In comparison to 2022, occupancy was 65.7
We look forward to further online visibility in the marketplace and using the latest tech tools to drive marketshare.” Scott Falconer, Executive Vice President, Media Solutions, Hospitality, Amadeus , said, “We are proud to announce the extension of a partnership that has already proven to be successful.
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