Financial Results
Wyndham Q2 2024: In the U.S., the company only recorded a slight increase in RevPAR in the midscale and above segment, and it even fell in the Economy segment. Internationally, Wyndham was able to significantly boost RevPAR in many countries, although in the APAC region it was 12% down on the same period last year.
MHP Hotel AG Q2 2024: The operator Munich Hotel Partner reports an impressive second quarter of 2024, with YoY increases in all performance figures. It continues its positive development.
Global Hotel Alliance Q2 2024: UAE-headquartered GHA has reported robust Q2 results across all key performance indicators. The second half of the year is looking positive.
- Scandic Q2 and HY1 2024: The second quarter showed improved results and higher profitability, so Scandic will maintain a high pace to grow the hotel portfolio.
Pandox Q2 and HY1 2024: The hotel market developed in a positive direction, increased international incoming travel from the USA and Asia also contributed to growth in multiple markets.
Oetker Group FY 2023: The Hôtel du Cap-Eden-Roc has performed particularly well in the small, fine luxury hotel group.
Whitbread Q1 2024: Premier Inn's performance has improved in the first quarter of the UK group's financial year.
Aroundtown Q1 2024: Results show a stable start to the year, confirming the previous guidance.
Orascom Development Holding (ODH) Q1 2024: In the first three months of the year, ODH achieved a strong performance, with real estate sales of CHF 256.7 million, up by 143.1%. Total revenues increased by 15.7% to CHF 151.5 million despite the challenging business environment.
Hyatt Hotels Corp. Q1 2024: The US chain closes the first quarter of the new year with a series of records, even in the Hyatt membership program.