Financial Results

Choice Q1 2024: The first quarter of the year ended with mixed results for the global franchisor. The disappointment over the failed merger with Wyndham is still deep-seated.

Marriott Q1 2024: While demand in the U.S. and Canada has normalized, international RevPAR grew stronger with gains in occupancy and ADR.

Premier Inn FY 2024: Die Hoteltochter der Whitbread-Gruppe erzielte in ihrem Heimatmarkt Grossbritannien im Geschäftsjahr 2024 einen Rekord-Profit und einen Rekord-Cashflow. Ein optimiertes F&B-Konzept soll die Expansion vorantreiben. In Deutschland hält das Unternehmen konsequent an seiner bisherigen Strategie fest.

Accor Q1 2024: For the first quarter of 2024, the Group reported revenue of €1,236 million, up 8% on a like-for-like basis (LFL) compared with the first quarter 2023. This increase breaks down into a 6% growth for the Premium, Midscale and Economy division and a 12% growth for the Luxury & Lifestyle division.

Scandic Q1 2024 Jan-March interim report: The company noted a stable start to the year and a good booking situation for the second quarter.

Wyndham Q1 2024: Wyndham reports a growth in comparable adjusted EBITDA and free cash flow and announces its partnership with WaterWalk.

Hilton Worldwide Q1 2024: Hilton reports a total capital return, including dividends, of 701 million dollars for the quarter and 908 million dollars year to date through April. 

Pandox AB Q1 2024: Pandox reports a solid growth in revenues and leases and expects further RevPAR growth in the hotel market during 2024.

MHP Hotel AG Q1 2024: Munich Hotel Partners reports an increase in hotel revenue and RevPar with stable average rates for the period.

Global Hotel Alliance (GHA) Q1 2024: The alliance of independent hotel group brands has started its 20th anniversary year on a high note, reporting robust Q1 results across all key performance indicators.