Fourth Quarter 2021 Results
Chatham Lodging Trust Announces Solid Fourth Quarter 2021 Results
Chatham Lodging Trust | February 25, 2022
WEST PALM BEACH, FL — February 25, 2022 — Chatham Lodging Trust (NYSE: CLDT), a lodging real estate investment trust (REIT) that invests in upscale, extended-stay hotels and premium-branded, select-service hotels, today announced results for the fourth quarter ended December 31, 2021. Fourth Quarter 2021 Operating Results Portfolio Revenue Per Available Room (RevPAR) – Increased 93 percent to $92 compared to the 2020 fourth quarter. Average daily rate (ADR) accelerated 36 percent to $141, and occupancy jumped 43 percent to 65 percent for the 40 comparable hotels owned as of December 31, 2021 (excludes one Austin hotel...
Choice Hotels International Reports 2021 Fourth Quarter And Full-Year Results
Choice Hotels | February 17, 2022
ROCKVILLE, MD - February 17, 2022 - Choice Hotels International, Inc. (NYSE: CHH), one of the world's largest lodging franchisors, today reported its results for the three months and year ended December 31, 2021. "The past year was truly remarkable for Choice Hotels, as we have positioned the company to benefit from the acceleration of consumer trends that favor leisure travel, limited-service hotels and longer stay occasions," said Patrick Pacious, president and chief executive officer, Choice Hotels. "The deliberate investments in our brands and our franchisee pricing optimization and merchandizing tools enabled us to capt...
Hyatt Reports Fourth Quarter and Full-Year 2021 Results
Hyatt Hotels Corporation | February 17, 2022
CHICAGO, IL - February 17, 2022 - Hyatt Hotels Corporation ("Hyatt" or the "Company") (NYSE: H) today reported fourth quarter and full-year 2021 financial results. Net loss attributable to Hyatt was $29 million, or $0.26 per diluted share, in the fourth quarter of 2021, compared to net loss attributable to Hyatt of $203 million, or $2.00 per diluted share, in the fourth quarter of 2020. Adjusted net loss attributable to Hyatt was $306 million, or $2.78 per diluted share, in the fourth quarter of 2021, compared to Adjusted net loss attributable to Hyatt of $179 million, or $1.77 per diluted share, in the fourth quarter of 2020. Refer to the ...
Wyndham Hotels & Resorts Reports Strong Fourth Quarter and Full-Year 2021 Results
Wyndham Hotels & Resorts | February 16, 2022
PARSIPPANY, NJ - February 16, 2022 - Wyndham Hotels & Resorts (NYSE: WH) today announced results for the three months and year ended December 31, 2021. Highlights include: U.S. RevPAR for the quarter exceeded 2019 levels by 9%, growing 58% versus 2020. System-wide rooms grew 180 basis points year-over-year, including 70 basis points of growth in the U.S. and 350 basis points of growth internationally. Diluted earnings per share for the quarter of $0.52 and net income of $48 million; diluted EPS for the full-year of $2.60 and net income of $244 million. Adjusted diluted earnings per share of $0.69 for the quarter and adjusted...
Hilton Reports Fourth Quarter and Full Year Results
Hilton | February 16, 2022
MCLEAN, VA - February 16, 2022 - Hilton Worldwide Holdings Inc. ("Hilton" or the "Company") (NYSE: HLT) today reported its fourth quarter and full year 2021 results. The following results reflect the material impact that the coronavirus ("COVID-19") pandemic has had on Hilton's business. Highlights include: Diluted EPS was $0.52 for the fourth quarter and $1.46 for the full year, and diluted EPS, adjusted for special items, was $0.72 for the fourth quarter and $2.08 for the full year Net income was $148 million for the fourth quarter and $407 million for the full year Adjusted EBITDA was $512 million for the fourth quarter and $1,...
Marriott International Reports Fourth Quarter 2021 Results
Marriott International | February 15, 2022
Marriott International, Inc. (NASDAQ: MAR) today reported fourth quarter 2021 results. Anthony Capuano, Chief Executive Officer, said, “The 2021 fourth quarter capped off a year that showed the incredible resilience of people’s desire to travel and the appeal of our broad portfolio of 30 global brands. We experienced significant progress in global RevPAR[1] recovery in 2021 despite the emergence of new variants and ongoing headwinds from the global pandemic. By the fourth quarter, global RevPAR was 19 percent below 2019 levels, a 40-percentage point improvement from the decline in the first quarter of the year. Global average daily ra...
