Financial Results

Travelodge FY 2023: The British chain announced record financial results for the year ended 31 December 2023, reporting revenue over £1 billion for the first time and profit significantly ahead of 2022 levels.

Motel One Q4 and FY 2023: The German Motel One Group continues its success story and closes the financial year 2023 with record revenue of EUR 852 million (previous year: EUR 639 million), an increase of around 33% on the previous year. EBITDA rose by 64% to EUR 281 million (previous year: EUR 171 million). Earnings before taxes (EBT) almost doubled in 2022, rising to EUR 226 million (previous year: EUR 116 million). The Motel One Group thus closed the most successful financial year in the company's history.

Aroundtown FY 2023: The company closed 2023 with a net loss of 2.4 billion euros. The main reason for this is that the portfolio value had to be written down by 11% or 3.2 billion euros. Hotels were affected less than other real estate segments. And their performance is recovering. 

Orascom Development Holding (ODH) FY 2023: The company reports property sales of CHF 704.2 million and a net profit of CHF 54.4 million despite the difficult business environment.

Booking Holdings Q4 + FY 2023: The company announces initiation of a quarterly dividend. Room nights booked increased 17% from the prior year.

Meliã FY 2023: Group revenue reached €1,928.9 million, reflecting a significant growth of 14.8% compared to the previous year.

Hyatt Q4 + FY 2023: Hyatt Hotels Corporation reported the highest cash flow ever from operation, and its full year system-wide RevPAR increased 175. 

Accor Q4 & FY 2023: Driven by resolutely solid demand in 2023, Accor was able to set new records in terms of operating and financial performances. All regions and segments enjoyed strong growth after a year in 2022 marked by the post-Covid pandemic recovery. 

IHG FY 2023: Travel demand was strong across all markets, with RevPAR up 16% on last year and 11% ahead of the 2019 pre-pandemic peak. The company continued to grow its portfolio and the global footprint of its brands.

Choice Hotels Int. FY 2023: The lodging franchisor reports record total revenues growing 10% to $1.5 billion for the full-year 2023 compared to the same period of 2022. Net income was $258.5 million for full-year 2023, representing diluted earnings per share (EPS) of $5.07.