Second Quarter Results
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...
Wyndham Hotels & Resorts Reports Second Quarter 2020 Results
Wyndham Hotels & Resorts | July 29, 2020
PARSIPPANY, N.J., July 28, 2020 - Wyndham Hotels & Resorts (NYSE: WH) today announced results for the three months ended June 30, 2020. Highlights include: Diluted loss per share was $1.86, and adjusted diluted earnings per share was $0.10. Net loss was $174 million for the second quarter and adjusted net income was $9 million. Adjusted EBITDA was $63 million. System-wide rooms remained flat year-over-year. Global comparable RevPAR declined 54% year-over-year. Paid quarterly cash dividend of $0.08 per share. "We generated positive adjusted EBITDA in the second quarter, driven by our drive-to and le...
