Financial Results

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.

HNH Hospitality FY 2023: The Italian hotel chain exceeded the 100-million turnover threshold for the first time. Its Board of Directors just released the preliminary results for the fiscal year closed October 31, reporting an overall operating income of 105.7 million euros, up 47% from the previous year's 71.4 million.

Minor Q3: Owned and leased hotels have driven growth in the third quarter 2023, fueled by robust leisure demand and increased business travel in Europe.