Hotel Business

MAY 8, 2025

Q1 global rooms revenue on a comparable basis saw business +3%, leisure +2% and groups +5% ADR +2.2% and occupancy +0.6% in the same quarter last year; global pipeline of 334K rooms (2,265 hotels), +9.4% Q1 global rooms revenue on a comparable basis saw business +3%, leisure +2% and groups +5% ADR +2.2% YOY, +1.5%

Pipeline

Hotelier Magazine

APRIL 15, 2025

Hotel Crunch Threatens Growth Vancouver hotels are operating at near full capacity, with 80 per cent average annual occupancy and up to 95 per cent during peak seasons well above rates in peer cities. There are 22 projects currently in the development pipeline, representing approximately 4,200 rooms, which is encouraging.

Real Estate

Hotel Business

NOVEMBER 4, 2024

30, reported total revenues reached a quarterly record $428 million, a 1% increase compared to the same period last year. “We accelerated our unit growth, increased our global pipeline to new levels, expanded our international reach and significantly grew the size of our rewards program. . Global pipeline as of Sept.

Revenue

Amadeus Hospitality

APRIL 8, 2025

Every hotelier dreams of high occupancy, steady revenue, and a thriving business year-round. These tactics may attract guests quickly, resulting in a spike in short-term bookings, but they often lack focus on encouraging repeat visits and revenue growth, leaving hotels scrambling to keep up momentum.

Revenue

Hotel Business

APRIL 29, 2025

Approved 32,600 new rooms for development, bringing the development pipeline to 503,400 rooms as of March 31, representing growth of 7% from March 31, 2024. compared to the same period in 2024 due to increases in both occupancy and ADR. Management and franchise fee revenues increased 5.1% from March 31, 2024.

Pipeline

Hotel Management

FEBRUARY 13, 2024

Occupancies are at unparalleled levels over the concert periods, and we have also seen a surge in regional demand as Swifties take the opportunity to travel further. For both the Melbourne and Sydney concerts we’ve seen a bump in hotel occupancy around the event dates, and our restaurants have also seen great reservation numbers.

Occupancy

Hotel Management

FEBRUARY 22, 2024

Announcing its full-year results on Thursday, Accor revealed that EBITDA grew 49% compared to the previous year to €1,003 million, while RevPAR was up 23% like for like, and revenue was up 20% to €5,056 million. Accor’s net profit group share increased by 57% to €633 million.

Occupancy

Hotel Business

APRIL 25, 2024

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.

Pipeline

Hotel Business

JULY 25, 2024

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. In the U.S.,

Pipeline

Hotel Business

AUGUST 8, 2024

million in total revenues, a quarterly record and a 2% increase vs. the same period in 2023. “We increased our global pipeline to new levels propelled by robust demand for our brands, accelerated the velocity of our global hotel openings, expanded our international reach and significantly grew the size of our rewards program. .

Revenue

Hotel Management

FEBRUARY 20, 2024

Secondly, international travel continued to bounce back, and the hotel sector in Asia continued to show strong revenue growth. In short, they largely do, which could spell another strong year for Southeast Asia’s hotel industry from both an occupancy and investment point of view. Do these themes play out closer to home?

Real Estate

Hotel Business

OCTOBER 26, 2023

30, reported a record-high development pipeline of 1,930 hotels. leisure demand, and international occupancy continued to recover. Adjusted EBITDA increased 5% to $200 million primarily reflecting higher fee-related and other revenues as well as marketing fund variability. Approximately 58% of the pipeline is international.

Pipeline

Hotel Business

OCTOBER 20, 2023

vs 2019; occupancy +4.1%pts rooms (123 hotels) in Q3, +27% vs 2022; global pipeline of 292k rooms (1,978 hotels), +5.1% vs 2019; occupancy +4.1%pts rooms (123 hotels) in Q3, +27% vs 2022; global pipeline of 292k rooms (1,978 hotels), +5.1% Occupancy was 72%, up 0.7% The Americas saw a 4.1% increase, with a 15.9%

Pipeline

Hotel Management

OCTOBER 24, 2023

Sydney’s hotel market is the top performer nationally with occupancy above 75%, an average daily rate (ADR) above AU$300 and revenue per available room (RevPAR) above AU$200, according to STR and Colliers. Brisbane – the only market in Australia where occupancies are trending higher than 2019 – is another top performer.

Average Daily Rate

Hotel Business

MAY 9, 2023

for the first quarter ended March 31, reported total revenues of $332.8 and a 34-basis-point increase in occupancy levels. Financial performance Total revenues, excluding reimbursable revenue from franchised and managed properties, increased 34% to $175 million for first-quarter 2023, compared to the same period of 2022.

Revenue

Hotel Business

MAY 3, 2024

Global occupancy moved up to 62% and ADR increased by a further 2% as pricing remained robust, reflecting the complete return of leisure, business and group travel.” YOY; the global pipeline at the end of the quarter was 305,000 rooms (2,079 hotels), up 6.6% Occupancy was 63.1%, down 1.1 YOY, with occupancy up 2.7

Pipeline

Hotel Management

MAY 2, 2023

Adelaide is an exciting destination for AHICE as the city’s accommodation sector has boomed in recent years with the addition of a range of new hotels and many more in the pipeline including the Marriott Hotel Adelaide at GPO, Holiday Inn and Suites Adelaide Mawson Lakes and the Little National.

Hospitality

Hotel Business

APRIL 26, 2024

Accor , for the first quarter ended March 31, reported revenue of 1.236 billion euros ($1.324 billion), up 8% on a like-for-like (LFL) basis compared with the first quarter 2023. At the end of March, the Group had a hotel network of 825,313 rooms (5,613 hotels) and a pipeline of 224,000 rooms (1,297 hotels). over the last 12 months.

Revenue

Hotel Business

FEBRUARY 22, 2024

At the end of December 2023, the group had a hotel portfolio of 821,518 rooms (5,584 hotels) and a pipeline of 225,000 rooms (1,315 hotels). Fourth-quarter RevPAR The Premium, Midscale and Economy (PM&E) division grew its RevPAR by 12% versus Q4 2022, still driven more by prices than the rise in occupancy rates.

Revenue

Hotel Business

NOVEMBER 7, 2023

30, reported total revenues of $425.6 For Wyndham franchisees, we provide a proven model to lower costs and increase direct revenue to their hotels. ” Third-quarter highlights: Total revenues, excluding reimbursable revenue from franchised and managed properties, increased 9% to $219.6 30, increased 13% from Sept.

Revenue

Hotel Business

JULY 26, 2023

We continue to drive long-term growth of our global network through the launch of strategic new brands and have already added more than 60,000 rooms to our development pipeline during 2023.” compared to the same period in 2022 due to increases in both occupancy and ADR, and management and franchise fee revenues increased 16.1%

Pipeline

Hotel Speak

OCTOBER 3, 2024

Recovery: A Mixed Bag STR’s latest data highlighted the UK’s global leadership in hotel occupancy, boasting a robust 77%. While occupancy remains impressive, it’s ADR (Average Daily Rate) that’s driving the real growth story here. Robert Shrimsley, Financial Times 2. Only ultra-luxury properties saw a slight decline, from 31.7%

Hospitality

Hotel Business

FEBRUARY 7, 2024

for the full year Approved 33,800 new rooms for development during the fourth quarter, bringing Hilton’s development pipeline to a record 462,400 rooms as of Dec. compared to the same period in 2022 due to increases in both occupancy and ADR, and management and franchise fee revenues increased 12.2% For the year ended Dec.

Pipeline

Hotel Business

FEBRUARY 20, 2024

Other highlights include: Americas FY RevPAR up 7% YoY (Q4 +1.5%), EMEAA +23.7% (Q4 +7%) and Greater China +71.7% (Q4 +72%), reflecting the differing levels of travel restrictions that were still in place in 2022 ADR up 5% vs 2022, +13% vs 2019; occupancy up 6 pts. Iberostar); global pipeline 297K rooms (2,016 hotels), +5.5%

Pipeline

Hotel Business

OCTOBER 24, 2024

“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.

Ancillary Revenue

Hotel Business

FEBRUARY 15, 2023

reported total revenues of $1.4 ” Q4 and full-year 2022 highlights Total revenues reached a company record of $1.4 million in total revenues. The company’s total domestic pipeline as of Dec. and a 130-basis-point increase in occupancy levels compared to fourth-quarter 2019. RevPAR increased 20.4%

Revenue

Hotel Business

MAY 2, 2023

First quarter worldwide RevPAR grew 34% year-over-year [YOY], with meaningful gains in both occupancy and ADR,” said Anthony Capuano, president/CEO. Our industry-leading pipeline grew to approximately 502,000 rooms, up 2.6% Roughly 200,000 rooms in the pipeline were under construction as of the end of the first quarter.

Pipeline

Hotel Business

FEBRUARY 14, 2023

With the exception of Greater China, RevPAR in all regions more than fully recovered and continued to show meaningful advances in occupancy and ADR. Approximately 199,000 rooms in the pipeline were under construction as of the end of 2022 “In our largest region, the U.S. & worldwide, 23.6% in the U.S. & worldwide, 5.2%

Pipeline

Hotel Business

FEBRUARY 15, 2024

“Despite the distraction, uncertainty and misperceptions caused by Choice and their slanted and constant communications to our franchisee base, room openings accelerated and our global development pipeline grew by 10% to an all-time high of 240,000 rooms. Development pipeline grew 1% sequentially and by 10% YOY to a record 240,000 rooms.

Pipeline

Hotel Business

OCTOBER 25, 2023

With a record number of approvals year-to-date driving the largest pipeline in our history, we are confident in our ability to accelerate net unit growth to 5.5% compared to the same period in 2022 due to increases in both occupancy and ADR, and management and franchise fee revenues increased 12.3% billion and $2.6

Pipeline

Hotelier Magazine

JANUARY 25, 2024

WASHINGTON — Canada’s hotel Average Daily Rate (ADR) and Revenue Per Available Room (RevPAR) were the highest for any year on record, according to CoStar’s 2023 data. In 2023 (percentage change from 2022): Occupancy: 65.7 In 2023 (percentage change from 2022): Occupancy: 65.7 For 2024, occupancy is forecasted to contract 1.4

Average Daily Rate

Hotel Business

MAY 1, 2024

“Worldwide RevPAR grew more than 4%, with gains in both occupancy and ADR. Group RevPAR in the region rose nearly 5% YOY, with growth in both rate and occupancy.” Owned, leased and other revenue, net of direct expenses, totaled $71 million in the quarter, compared to $75 million in the year-ago quarter.

Pipeline

Hotel Business

FEBRUARY 16, 2023

Wyndham Hotels & Resorts reported strong results for the fourth quarter and end of the year for 2022, including a 12% year-over-year pipeline increase. Development pipeline grew 12% year-over-year, including 170 new construction projects added for the company’s ECHO Suites Extended Stay by Wyndham brand since launch in March.

Pipeline

Hotel Business

NOVEMBER 2, 2023

Both occupancy and rate contributed to global RevPAR gains in the third quarter, and cross-border travel continued to rise.” Group and business transient saw mid-single-digit hotel revenue gains in the quarter, largely driven by rate increases. Of our record 557,000-room pipeline, 43% is under construction.”

Pipeline

Hotel Business

OCTOBER 27, 2023

The underlying dynamics observed in previous quarters remained constant, with ADR still high and a marked improvement in the occupancy rate, which slightly lags the level of 2019. At the end of September 2023, the group had a hotel portfolio of 812,425 rooms (5,537 hotels) and a pipeline of around 219,000 rooms (1,273 hotels).

Revenue

Hotel Business

MAY 1, 2023

Revenue for the quarter was up 54% vs. the same quarter last year. “In “These excellent performances were driven in particular by the strong rebound in Asia, good price levels and increased occupancy rates. “In For the first quarter ended March 31, Accor Group reported a 19% increase in RevPAR vs. the same period of 2019.

Occupancy

Hotel Business

OCTOBER 23, 2024

Approved 27,500 new rooms for development during the quarter, bringing the development pipeline to 492,400 rooms as of Sept. compared to the same period in 2023 due to increases in both occupancy and ADR, and management and franchise fee revenues increased 8.3% Diluted EPS was $1.38 30, representing growth of 8% from Sept.

Pipeline