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Choice reports Q1 domestic RevPAR growth of 2.3%

Hotel Business

“Our unique positioning has enabled us to outperform our peers, gain market share 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.

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Wyndham reports record-high pipeline

Hotel Business

30, reported a record-high development pipeline of 1,930 hotels. Our economy brands gained market share domestically amidst a backdrop of normalizing U.S. leisure demand, and international occupancy continued to recover. economy brands gained market share of 100 basis points in the third quarter.

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IHG to launch new midscale brand; reports H1 results

Hotel Business

.” 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.

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International gains spark Wyndham’s Q3 RevPAR growth

Hotel Business

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.

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Canada’s hotel industry experiences growth and recovery in 2023

Hotelier Magazine

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

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H-Hotels.com Adds Digital Media Solutions to Successful Partnership with Amadeus

Amadeus Hospitality

We look forward to further online visibility in the marketplace and using the latest tech tools to drive market share.” 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.