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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...
Choice Hotels International Reports Second Quarter 2024 Results
Choice Hotels International, Inc. | August 8, 2024
Raises Midpoint of Full-year 2024 EPS Guidance Global Rooms Pipeline up 22% and Openings up 20% Year-over-Year NORTH BETHESDA, Md., Aug. 8, 2024-- Choice Hotels International, Inc. (NYSE: CHH), one of the world's leading lodging franchisors, today reported its second quarter 2024 results. Highlights include: Total revenues reached $435.2 million for second quarter 2024, a quarterly record and a 2% increase compared to the same period of 2023. Net income increased 3% to $87.1 million for the second quarter of 2024, representing diluted earnings per share (EPS) of $1.80, a 9% increase compared to the same period of 2023. Sec...
Hilton Reports Second Quarter Results
Hilton | August 7, 2024
MCLEAN, VA - Hilton Worldwide Holdings Inc. ("Hilton," "the Company," "we," "us" or "our") (NYSE: HLT) today reported its second quarter 2024 results. Highlights include: Diluted EPS was $1.67 for the second quarter, and diluted EPS, adjusted for special items, was $1.91 Net income was $422 million for the second quarter Adjusted EBITDA was $917 million for the second quarter System-wide comparable RevPAR increased 3.5 percent, on a currency neutral basis, for the second quarter compared to the same period in 2023 Approved 62,700 new rooms for development during the second quarter, bringing our development pipeline to a recor...
Hyatt Reports Second Quarter 2024 Results
Hyatt Hotels Corporation | August 6, 2024
CHICAGO (August 6, 2024) - Hyatt Hotels Corporation ("Hyatt" or the "Company") (NYSE: H) today reported second quarter 2024 results. Highlights include: Comparable system-wide hotels RevPAR increased 4.7% compared to the same period in 2023 Comparable system-wide all-inclusive resorts Net Package RevPAR increased 3.0% compared to the same period in 2023 Net Rooms Growth was approximately 4.6% Net Income was $359 million and Adjusted Net Income was $158 million Diluted EPS was $3.46 and Adjusted Diluted EPS was $1.53 Adjusted EBITDA1 was $307 million Pipeline of executed management or franchise contracts was appro...
IHG Shares Half Year Results to 30 June 2024
IHG Hotels & Resorts | August 6, 2024
Strong performance with operating profit from reportable segments +12% and Adjusted EPS +12%; record signings; on track to return over $1bn to shareholders; confident in long-term growth drivers 1Definitions for non-GAAP measures can be found in the ‘Key performance measures and non-GAAP measures’ section, along with reconciliations of these measures to the most directly comparable line items within the Interim Financial Statements. Trading and revenue H1 Global RevPAR1 +3.0% (Q2 +3.2%), Americas +1.7% (Q2 +3.3%), EMEAA +7.5% (Q2 +6.3%) and Greater China -2.6% (Q2 -7.0%); US RevPAR positive from April, and +2.5% for Q2 ...
IHG Hotels & Resorts Shares Q1 2024 Trading Update
IHG | May 6, 2024
Highlights Q1 global RevPAR +2.6% YOY, with Americas -0.3%, EMEAA +8.9% and Greater China +2.5% Average daily rate +2.3%, occupancy +0.2%pts Gross system size growth +5.0% YOY, +0.7% YTD; opened 6.3k rooms (46 hotels) in Q1, +11.1% more YOY adjusting for Iberostar Net system size growth +3.4% YOY, +0.0% YTD; adjusting for Iberostar +3.2% YOY, +0.0% YTD Global system of 946k rooms (6,368 hotels); 66% across midscale segments, 34% across upscale and luxury Signed 17.7k rooms (129 hotels) in Q1, +7.1% YOY; global pipeline of 305k rooms (2,079 hotels), +6.6% YOY $239m of 2024’s $800m share buyback programme completed to d...
Marriott International Reports First Quarter 2024 Results
Marriott International, Inc. | May 2, 2024
First quarter 2024 comparable systemwide constant dollar RevPAR increased 4.2 percent worldwide, 1.5 percent in the U.S. & Canada, and 11.1 percent in international markets, compared to the 2023 first quarter; First quarter reported diluted EPS totaled $1.93, compared to reported diluted EPS of $2.43 in the year-ago quarter. First quarter adjusted diluted EPS totaled $2.13, compared to first quarter 2023 adjusted diluted EPS of $2.09; First quarter reported net income totaled $564 million, compared to reported net income of $757 million in the year-ago quarter. First quarter adjusted net income totaled $620 million, compared to...
Hyatt Reports First Quarter 2023 Results
Hyatt Hotels Corporation | May 5, 2023
CHICAGO (May 4, 2023) - Hyatt Hotels Corporation ("Hyatt" or the "Company") (NYSE: H) today reported first quarter 2023 financial results. Highlights include: Net income was $58 million in the first quarter of 2023 compared to net loss of $73 million in the first quarter of 2022. Adjusted net income was $45 million in the first quarter of 2023 compared to Adjusted net loss of $36 million in the first quarter of 2022. Diluted EPS was $0.53 in the first quarter of 2023 compared to $(0.67) in the first quarter of 2022. Adjusted Diluted EPS was $0.41 in the first quarter of 2023 compared to $(0.33) in the first quarter of 2022. ...
