Balance Sheets since 2023
Minor Hotels FY 2023: The Thailand-based hotel group reported a record full-year core revenue of THB 121.4 billion (approx. USD 3.4 billion) in 2023, propelling the international hotel owner and operator's core net profit to grow by 450% compared to the previous year.
TUI Group Q1 2024: Group turnover in Q1 2024 grew by 15% to 4.3 billion euros. The high propensity to travel and a strong operating performance ensure positive underlying EBIT for the first time (since the merger of TUI Travel plc and TUI AG) already in Q1.
NH Hotel Group FY 2023: NH Hotel Group, a part of Minor Hotels, reported revenue of €2.16 billion in 2023, a growth of 23% from €1.76 billion recorded in 2022 and 26% more than the €1.72 billion generated in 2019.
Pandox Q4 + FY 2023: The year concluded with a stable and positive fourth quarter in which there was good demand in regional hotel markets in all countries and strong recovery in larger cities.
Hilton Q4 + FY 2023: Net income and Adjusted EBITDA were $1,151 million and $3,089 million, respectively, for the year ended December 31, 2023, compared to $1,257 million and $2,599 million, respectively, for the year ended December 31, 2022.
MHP Hotel AG Q4 2023: Munich Hotel Partners currently operates nine hotels in the premium and luxury segment and reports an occupancy rate of 76% for the period, with average rates remaining high.
H World Q4 & FY 2023: According to the preliminary operating result for the hotels, the RevPAR of the Chinese hotel group achieved significant double-digit growth. Growth at Steigenberger Hotels and its subsidiaries was slightly lower. - Update with the final figures see below.
GHA FY 2023: The Global Hotel Alliance reported 2023 results, with every key performance metric hitting an all-time high.
Premier Inn Q3 FY24: Our teams have delivered another strong set of results, comments Whitbread CEO Dominic Paul the results of Q3 2023 für Premier Inn. UK hotels saw a robust demand driving high levels of occupancy and strong pricing. Germany performed well in what is an important trading period with a large number of leisure and business events.
TUI Group FY 2023: The tour operator exceeds the turnover threshold of 20 billion euros for the first time. Hotels and cruises are growth areas and highly profitable.