Q2 2021 financial results
IHG Releases Interim Results to 30 June 2021
IHG Hotels & Resorts | August 10, 2021
REPORTABLE SEGMENTS1 Reported Underlying1 2021 20202 %Change3 %Change Revenue1 $565m $488m +16% +14% Revenue from fee business1 $505m $375m +35% +31% Operating profit1 $188m $52m +262% +314% Fee margin1 44.1% 20.1% +24%pts Adjusted EPS1 40.4¢ 4.9¢ +724% GROUP RESULTS Total revenue $1,179m $1,248m (6)% Operating profit/(loss) $138m $(233)m NM Basic EPS 26.2¢ (115.4)¢ NM Total dividend per share - ¢ - ¢ - % Net debt $2,458m $2,515m (2)% Key metrics vs 2019 $7.9bn total gross revenue1 ...
Host Hotels & Resorts, Inc. Reports Results for Second Quarter 2021
Host Hotels & Resorts | August 9, 2021
BETHESDA, Md. – August 9, 2021 – Host Hotels & Resorts, Inc., the nation’s largest lodging real estate investment trust (“REIT”), today announced results for second quarter 2021. OPERATING RESULTS (unaudited, in millions, except per share and hotel statistics) Quarter ended June 30, Percent Change Percent Change Year-to-date ended June 30, Percent Change Percent Change 2021 2020 vs. Q2 2020 vs. Q2 2019(2) 2021 2020 vs. Q2 2020 vs. Q2 2019(2) Revenues $ 649 $ 103 530.1 % (56.2 )% $ 1,048 $ 1,155 (9.3 )% ...
MGM Resorts International Reports Second Quarter 2021 Financial and Operating Results
MGM Resorts International | August 6, 2021
LAS VEGAS - August 6, 2021 - MGM Resorts International ("MGM Resorts" or the "Company") today reported financial results for the quarter ended June 30, 2021. "We delivered a strong second quarter, driven by robust demand and productivity efforts across our domestic portfolio. Our Las Vegas Strip and Regional Operations Adjusted Property EBITDAR margins reached all-time records and our Regional Operations also delivered an all-time quarterly record in Adjusted Property EBITDAR. Our U.S. sports betting and iGaming venture, BetMGM, continues to outperform as the number two operator nationwide," said Bill Hornbuckle, Chief Executive Of...
Ryman Hospitality Properties, Inc. Reports Second Quarter 2021 Results
Ryman Hospitality Properties, Inc. | August 6, 2021
NASHVILLE, Tenn. - August 6, 2021 - Ryman Hospitality Properties, Inc., a lodging real estate investment trust (“REIT”) specializing in group-oriented, destination hotel assets in urban and resort markets, today reported financial results for the second quarter ended June 30, 2021. Second Quarter 2021 Highlights and Recent Developments: Net Loss in second quarter improved sequentially to $(63.0) million from $(117.1) million on 103.0% revenue growth Consolidated Adjusted EBITDAre for the second quarter was approximately $28.2 million, primarily driven by improvement in group performance during June Since the ou...
Choice Hotels International Reports 2021 Second Quarter Results
Choice Hotels® | August 5, 2021
ROCKVILLE, Md. - August 5, 2021 - Choice Hotels International, Inc. (NYSE: CHH), one of the world's largest lodging franchisors, today reported its results for the three months ended June 30, 2021. "The strategic investments we have made in launching and enhancing our brands, strengthening our marketing and reservation systems, and bolstering our platform capabilities drove impressive second quarter results that further positioned the company to increase our share of travel demand in the years to come," said Patrick Pacious, president and chief executive officer, Choice Hotels. "Our goal is not to return to our 2019 performance levels...
Hyatt Reports Second-Quarter 2021 Results
HYATT HOTELS CORPORATION | August 4, 2021
CHICAGO - August 4, 2021 - Hyatt Hotels Corporation today reported second-quarter 2021 financial results. Net loss attributable to Hyatt was $9 million, or $0.08 per diluted share, in the second quarter of 2021, compared to net loss attributable to Hyatt of $236 million, or $2.33 per diluted share, in the second quarter of 2020. Adjusted net loss attributable to Hyatt was $117 million, or $1.15 per diluted share, in the second quarter of 2021, compared to Adjusted net loss attributable to Hyatt of $183 million, or $1.80 per diluted share, in the second quarter of 2020. Refer to the table on page 11 of the schedules for a summary of special it...
Marriott International Reports Second Quarter 2021 Results
Marriott International | August 3, 2021
Marriott International, Inc. (NASDAQ: MAR) today reported second quarter 2021 results. Anthony Capuano, Chief Executive Officer, said, “The rate of global lodging recovery accelerated during the second quarter and momentum has continued into July. We are particularly pleased with the resilience of RevPAR [1] in markets where consumers feel safe traveling. Worldwide occupancy continued to build, reaching 51 percent for the quarter. We also saw strong improvement in global average daily rate in the second quarter, which was down only 17 percent compared to the second quarter of 2019. “The swift resurgence of lodging demand once the v...
Hilton Reports Second Quarter 2021 Results
Hilton | July 29, 2021
MCLEAN, Va. - July 29, 2021 - Hilton Worldwide Holdings Inc. ("Hilton" or the "Company") (NYSE: HLT) today reported its second quarter 2021 results. The following results reflect the material impact that the novel coronavirus ("COVID-19") pandemic has had on Hilton's business. Highlights include: Diluted EPS was $0.46 for the second quarter, and diluted EPS, adjusted for special items, was $0.56 Net income was $128 million for the second quarter Adjusted EBITDA was $400 million for the second quarter System-wide comparable RevPAR increased 233.8 percent on a currency neutral basis for the second quarter from the same period in 2...
