Balance Sheets since 2023

B&B H1: The budget chain owned by Goldman Sachs is happy about a good business in the fist half of 2023, according to its latest press release, but declines to add any figures and market details within the Central and Northern Europe region when asked by hospitalityInside.

TUI Q3: The tour operator is back in the profit zone in Q3 2023 for the first time since the beginning of the pandemic: Adjusted Group EBIT of 169m euros is significantly improved (previous year: -27m euros). 

Hyatt Q2: Adjusted EBITDA was $273 million vs $255 million in Q2 2022. Fees reached a record level thanks to global net room growth.

Marriott Q2: The giant is growing. Adjusted EBITDA in the second quarter totaled $1,219 million (vs $1,019 million in Q2 2022). The chain now expects to return $4.1 billion to $4.5 billion to shareholders in 2023.

Choice Q2: New records in the second quarter raised the total revenues to $427.4m (+16% compared to the same period of 2022) while the integration costs of Radisson Hotels Americas lead to a decline of the net income.  

Accor H1: Better results in all segments. Full-year EBITDA guidance increases. Luxury & Lifestyle revenues grow by 40% in H1 2023.

NH H1: The robust demand allowed to reach revenues of €1,027m in the first half of 2023, an increase of 25% compared to the same period of 2019.

Wyndham Q2: The second quarter of 2023 again delivered solid results including global RevPAR growth of 7%, net room growth of 4% and the 12th consecutive quarter of sequential growth in the development pipeline.

Motel One H1: With an occupancy rate of 69% (51), H1 2023 revenues grew to 394m (240), EBITDAR increased by 75% to 208m (119), with a margin of 53% (49). EBITDA: 124m (46). EBT: 93m (27).

Pandox: Higher demand in Germany positively affected Property Management and, combined with a more active hotel market in Brussels, contributed to both higher earnings and profitability in H1 2023.