year end results
Choice Hotels International Reports 2022 Fourth Quarter and Full-Year Results
Choice Hotels International, Inc. | February 20, 2023
Domestic RevPAR accelerated in fourth quarter to 20.4% versus 2019; full-year net income and adjusted EBITDA surpassed 2019 levels by 49% and 28%, respectively ROCKVILLE, Md., Feb. 20, 2023 -- Choice Hotels International, Inc. (NYSE: CHH), one of the world's largest lodging franchisors, today reported its fourth quarter and full-year 2022 results. "2022 was a landmark year for Choice Hotels, in which we drove step function growth with adjusted EBITDA surpassing 2019 levels by 28%. We generated significant organic growth over 2021 and acquired the Radisson Hotels Americas brands in August, which has accelerated our long-term growth po...
Wyndham Hotels & Resorts Reports Strong Fourth Quarter and Full-Year 2022 Results
Wyndham Hotels & Resorts | February 20, 2023
PARSIPPANY, N.J., Feb. 20, 2023-- Wyndham Hotels & Resorts (NYSE: WH) today announced results for the three months and year ended December 31, 2022. Highlights include: Global RevPAR grew 15% compared to fourth quarter 2021 in constant currency, a 300 basis point improvement sequentially, representing 116% of 2019 levels; full-year global RevPAR grew 20% year-over-year in constant currency. U.S. RevPAR grew 5% compared to fourth quarter 2021, a 300 basis point improvement sequentially, representing 115% of 2019 levels; full-year U.S. RevPAR grew 12%. System-wide rooms grew 4% year-over-year, including 1% in the U.S. and 9% i...
Hyatt Reports Fourth Quarter and Full Year 2022 Results
Hyatt Hotels Corporation | February 20, 2023
Record Cash Flow from Operations of $674M; Net Rooms Growth of 6.7% Exceeds Expectations CHICAGO (February 20, 2023) - Hyatt Hotels Corporation ("Hyatt" or the "Company") (NYSE: H) today reported fourth quarter and full year 2022 financial results. Highlights include: Net income was $294 million in the fourth quarter and $455 million for the full year of 2022. Adjusted net income was $278 million in the fourth quarter and $365 million for the full year of 2022. Net income in the fourth quarter and for the full year of 2022 includes a non-cash benefit of $250 million due to the release of a valuation allowance on U.S. federal and ...
