corporate financials
Wyndham Hotels & Resorts Reports Third Quarter 2022 Results
Wyndham Hotels & Resorts | October 27, 2022
Company Raises Full-Year 2022 Outlook Board Increases Share Repurchase Authorization by $400 Million Company Grows System-Wide Rooms by 4% and Development Pipeline by 10% PARSIPPANY, N.J., Oct. 27, 2022 -- Wyndham Hotels & Resorts (NYSE: WH) today announced results for the three months ended September 30, 2022. Highlights include: Global RevPAR grew 12% compared to third quarter 2021 in constant currency. U.S. RevPAR grew 2% compared to third quarter 2021 and represents 110% of 2019 levels. System-wide rooms grew 4% year-over-year, including 1% of growth in the U.S. and 9% of growth internationally. Development pipeline ...
Hilton Reports Third Quarter Results; Exceeds Expectations
Hilton | October 26, 2022
MCLEAN, VA - Hilton Worldwide Holdings Inc. ("Hilton" or the "Company") (NYSE: HLT) today reported its third quarter 2022 results. Highlights include: Diluted EPS was $1.26 for the third quarter, and diluted EPS, adjusted for special items, was $1.31 Net income was $346 million for the third quarter, exceeding the high end of guidance Adjusted EBITDA was $732 million for the third quarter, exceeding the high end of guidance System-wide comparable RevPAR increased 29.9 percent, on a currency neutral basis, for the third quarter compared to the same period in 2021 System-wide comparable RevPAR increased 5.0 percent, on a curren...
Hyatt Reports Second Quarter 2022 Results
Hyatt Hotels Corporation | August 11, 2022
Total Fee Revenue More than Doubles from Last Year; Reaches Record Level System-wide RevPAR, Excluding Greater China, Above 2019 CHICAGO (August 11, 2022) - Hyatt Hotels Corporation ("Hyatt" or the "Company") (NYSE: H) today reported second quarter 2022 financial results. Net income attributable to Hyatt was $206 million, or $1.85 per diluted share, in the second quarter of 2022, compared to a net loss attributable to Hyatt of $9 million, or $0.08 per diluted share, in the second quarter of 2021. Adjusted net income attributable to Hyatt was $51 million, or $0.46 per diluted share, in the second quarter of 2022, compared to Adjusted net l...
Accor: Half-Year 2022 Very Strong Rebound of the Activity With Q2 Above 2019 Level
Accor | July 28, 2022
Q2 REVPAR ABOVE 2019 LEVEL SIGNIFICANT IMPROVEMENT IN PROFITABILITY AND CASH FLOW GENERATION REVENUE UP 109% TO €1,725 MILLION (+97% LFL) EBITDA POSITIVE AT €205 MILLION NET PROFIT GROUP SHARE POSITIVE AT €32 MILLION Sébastien Bazin, Chairman and Chief Executive Officer of Accor, said: “Once again this quarter, Accor reported a very strong growth in business, exceeding pre-crisis levels for the first time. This marked rebound in all regions and for all of our brands. The summer will confirm these trends and the fall promises to be strong with the recovery of major seminars and conventions. Nevertheless, the Group remain...
Wyndham Hotels & Resorts Reports Second Quarter 2022 Results
Wyndham Hotels & Resorts | July 27, 2022
PARSIPPANY, N.J., July 27, 2022 -- Wyndham Hotels & Resorts (NYSE: WH) today announced results for the three months ended June 30, 2022. "We kicked off our high-demand summer season with the strongest Memorial Day we've ever experienced, as guests traveled further, stayed longer and spent more at our hotels than they did pre-pandemic," said Geoffrey A. Ballotti, president and chief executive officer. "Our business experienced another strong quarter performing above both last year and 2019 as international recovery accelerated and our development teams grew our pipeline to a record level. Our second quarter results once again demon...
Hilton Reports Second Quarter Results; Exceeds Expectations and Raises Full Year Outlook
Hilton | July 27, 2022
MCLEAN, VA - Hilton Worldwide Holdings Inc. ("Hilton" or the "Company") (NYSE: HLT) today reported its second quarter 2022 results. Highlights include: Diluted EPS was $1.32 for the second quarter, and diluted EPS, adjusted for special items, was $1.29 Net income was $367 million for the second quarter, exceeding the high end of guidance Adjusted EBITDA was $679 million for the second quarter, exceeding the high end of guidance System-wide comparable RevPAR increased 54.3 percent, on a currency neutral basis, for the second quarter compared to the same period in 2021 System-wide comparable RevPAR was down 2.1 percent, on a cu...
Agilysys Reports Fiscal 2022 Second Quarter Revenue of $37.9M
Agilysys | October 27, 2021
Reports Record Recurring Revenue of $24.0M Inclusive of Record Subscription Revenue of $11.1M Reports Adjusted EBITDA of $6.3M and Positive GAAP EPS of $0.02 With Quarterly Free Cash Flow of $3.2M and Cash Balance Increase of $2.5M to $106.4M Alpharetta, GA – October 26, 2021 - Agilysys, Inc. (Nasdaq: AGYS), a leading global provider of next-generation SaaS and on-premise hospitality software solutions and services, today reported operating results for its fiscal 2022 second quarter ended September 30, 2021. (Please click here for complete financial information) Summary of Fiscal 2022 Second Quarter Financial Results Total net...
Hilton Reports Second Quarter 2020 Results
Hilton | August 6, 2020
MCLEAN, Va. - Hilton Worldwide Holdings Inc. ("Hilton" or the "Company") (NYSE: HLT) today reported its second quarter 2020 results. The following results reflect the material impact that the novel coronavirus ("COVID-19") pandemic had on Hilton's business. Highlights include: Diluted EPS was $(1.55) for the second quarter, and diluted EPS, adjusted for special items, was $(0.61) Net loss was $432 million for the second quarter Adjusted EBITDA was $51 million for the second quarter System-wide comparable RevPAR decreased 81.0 percent on a currency neutral basis for the second quarter from the same period in 2019 Approved 18,4...
