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Choice Hotels International Reports Strong Third Quarter 2024 Results
Choice Hotels International, Inc. | November 4, 2024
NORTH BETHESDA, Md., Nov. 4, 2024 -- Choice Hotels International, Inc. (NYSE: CHH), one of the world's leading lodging franchisors, today reported its third quarter 2024 results. Highlights include: Total revenues reached $428.0 million for third quarter 2024, a quarterly record and a 1% increase compared to the same period of 2023. Net income increased 15% to $105.7 million for third quarter 2024, representing diluted earnings per share (EPS) of $2.22, a quarterly record and a 23% increase compared to the same period of 2023. Third quarter 2024 adjusted net income, excluding certain items described in Exhibit 7, increased 1
AluaSoul Costa Adeje, part of Hyatt’s Inclusive Collection, Debuts in Spain’s Canary Islands
Hyatt Hotels Corporation | November 4, 2024
CHICAGO, IL (November 4, 2024) – Hyatt Hotels Corporation (NYSE: H) announced today the opening of AluaSoul Costa Adeje in Tenerife. The opening further expands Hyatt’s brand presence in the Canary Islands and supports its continued commitment to providing more distinct options for guests and members seeking unique experiences. “The debut of AluaSoul Costa Adeje strengthens Hyatt’s brand presence in the region, to meet the growing demands of travelers,” said Manuel Melenchón, managing director of South Region EAME at Hyatt. “Offering multiple accommodation options tailored to guest and member preferences, the new hotel pro
Marriott International Reports Third Quarter 2024 Results
Marriott International | November 4, 2024
Third quarter 2024 comparable systemwide constant dollar RevPAR increased 3.0 percent worldwide, 2.1 percent in the U.S. & Canada, and 5.4 percent in international markets, compared to the 2023 third quarter; Third quarter reported diluted EPS totaled $2.07, compared to reported diluted EPS of $2.51 in the year-ago quarter. Third quarter adjusted diluted EPS totaled $2.26, compared to third quarter 2023 adjusted diluted EPS of $2.11; Third quarter reported net income totaled $584 million, compared to reported net income of $752 million in the year-ago quarter. Third quarter adjusted net income totaled $638 m
Loews Corporation Reports Net Income of $401 Million for the Third Quarter of 2024
Loews Corporation | November 4, 2024
NEW YORK, Nov. 4, 2024-- Loews Corporation (NYSE: L) today released its third quarter 2024 financial results. Third Quarter 2024 highlights:Loews Corporation reported net income of $401 million, or $1.82 per share, in the third quarter of 2024, compared to $253 million, or $1.12 per share, in the third quarter of 2023. Excluding the prior year third quarter's $37 million charge for the termination of Loews's defined benefit pension plan, net income grew 38% year-over-year due to increases at CNA, Boardwalk and investment income at the parent company, offset by a decrease at Loews Hotels. The following are key highlights: CN
The Westin Dallas Stonebriar Golf Resort & Spa and The Sheraton Stonebriar Hotel Appoint New Complex Director of Sales and Marketing, Robert Jone...
The Westin Dallas Stonebriar Golf Resort & Spa | November 4, 2024
FRISCO, TX – November 4, 2024 – The Westin Dallas Stonebriar Golf Resort & Spa and The Sheraton Stonebriar Hotel announce the appointment of Robert Jones as the new Complex Director of Sales and Marketing. With nearly 20 years of experience in the hospitality industry, Jones brings a wealth of knowledge and a track record of success in revenue growth, strategic partnerships, and brand innovation. Jones joins the properties after notable tenures with leading hospitality brands, where he implemented impactful sales strategies and led teams to achieve record-setting growth. His extensive background in luxury and lifestyle segments a
Ryan Kingston Appointed to Area Managing Director for Noble House Hotels & Resorts’ Three Wyoming Properties
Teton Mountain Lodge & Spa | November 4, 2024
Jackson Hole, WY – November 4, 2024 – Noble House Hotels & Resorts is pleased to announce the appointment of Ryan Kingston as the Area Managing Director for its three Wyoming properties – Hotel Terra Jackson Hole, Teton Mountain Lodge & Spa, and the newest addition to its impressive portfolio, Snake River Sporting Club. In this pivotal role, Kingston will oversee the strategic direction and operational excellence of these premier properties, ensuring that each delivers exceptional guest experiences in the breathtaking landscape of Jackson Hole. With a diverse and dynamic background in hospitality, Kingston brings a wealth
Hudini and Orascom Hotels Management Begin Global Rollout of New Staff Connect Platform
Hudini | November 4, 2024
Dubai, 4 November 2024: Smart hospitality solutions provider, Hudini, has entered into an agreement with Orascom Hotels Management for the rollout of their new digital platform, Staff Connect, across Orascom’s portfolio of hotels globally. Orascom Hotels Management has chosen the Staff Connect platform by Hudini to create exceptional guest arrival experiences with tailored personal interaction. Orascom’s vision is to transform the arrival experience by completely removing the front desk. Upon arrival, the guests are welcomed and escorted to their rooms by an Experience Ambassador who is assigned to the guests for the entire stay. With th
Questex and AHLA Celebrate Success of The Hospitality Show 2024: Driving Growth, Sustainability, and Industry Connections
The Hospitality Show | November 4, 2024
SAN ANTONIO (Nov. 4, 2024) – The Hospitality Show (The Show), produced by Questex and the American Hotel & Lodging Association (AHLA), last week wrapped up its second annual event at The Henry B. González Convention Center with three days of groundbreaking insights, networking opportunities, and innovative solutions designed to elevate the hospitality industry. The Hospitality Show witnessed an impressive year-over-year growth attracting 4,800 attendees and 460 vendors, marking a 26% increase in attendance and a staggering 43% growth in vendors. “The Hospitality Show exists to convene our industry’s top operations and techn