H World Group Results
H World Group Limited Reports First Quarter of 2023 Unaudited Financial Results
Hotel turnover increased 71.3% year-over-year to RMB16.2 billion in the first quarter of 2023.
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Hotel Financial News Page 2
Wynn Resorts Results
Wynn Resorts, Limited Reports First Quarter 2023 Results
Operating revenues were $1.42 billion for the first quarter of 2023, an increase of $470.3 million, from $953.3 million for the first quarter of 2022.
Choice Hotels Results
Choice Hotels International Reports First Quarter 2023 Results
Company exceeded first quarter net income and adjusted EBITDA guidance and raised full-year expectations
IHG Results
IHG Reports Q1 2023 Results
Q1 group RevPAR +33% vs 2022, with Americas +18%, EMEAA +64% and Greater China +75% - Q1 group RevPAR +6.8% vs 2019, with Americas +11.1%, EMEAA +9.7% and Greater China (9.1)%
RLJ Lodging Trust Results
Playa Hotels Results
Playa Hotels & Resorts N.V. Reports First Quarter 2023 Results
Net Income was $42.7 million compared to $42.7 million in 2022
Red Rock Resorts Results
Red Rock Resorts Announces First Quarter 2023 Results
Net income was $85.5 million for the first quarter of 2023, a decrease of 7.3%, or $6.7 million, from $92.2 million in the same period of 2022.
Hyatt Results
Hyatt Reports First Quarter 2023 Results
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.
Chatham Lodging Trust Results
Chatham Lodging Trust Announces First Quarter 2023 Results
Incurred a $5.0 million net loss compared to a net loss of $9.7 million in the 2022 first quarter.
Summit Hotel Properties Results
Summit Hotel Properties Reports First Quarter 2023 Results
First Quarter 2023 Pro Forma RevPAR Grows 19.3% - Operating Income Increase Drives Adjusted EBITDAre Growth of 35% to $44.4 Million - Common Dividend Increased 50% to an Annualized $0.24 Per Share
Apple Hospitality REIT Results
Apple Hospitality REIT Reports Results of Operations for First Quarter 2023
The Company achieved Comparable Hotels Adjusted Hotel EBITDA of approximately $107 million, a 21% improvement over first quarter 2022 and a 4% improvement over first quarter 2019.
Caesars Entertainment Results
Caesars Entertainment, Inc. Reports First Quarter 2023 Results
GAAP net revenues of $2.8 billion versus $2.3 billion for the comparable prior-year period. GAAP net loss of $136 million compared to net loss of $680 million for the comparable prior-year period.
Marriott International Results
Marriott International Reports First Quarter 2023 Results and Raises Full Year Outlook
First quarter 2023 comparable systemwide constant dollar RevPAR increased 34.3 percent worldwide, 25.6 percent in the U.S. & Canada, and 63.1 percent in international markets, compared to the 2022 first quarter
MGM Resorts International Results
MGM Resorts International Reports First Quarter 2023 Financial and Operating Results
Record 1Q Adjusted Property EBITDAR for Las Vegas Strip Resorts up 41% YOY; seventh consecutive quarterly record - MGM China Adjusted Property EBITDAR of $169 million, 88% recovery vs 1Q19; net revenues up 130% YOY amid strong reopening trends
VICI Properties Results
VICI Properties Inc. Announces First Quarter 2023 Results
Reports 110.7% Year-over-Year Revenue Growth
Selina Results
Selina Hospitality PLC Reports Fiscal 2022 Financial Results
Total revenue of $183.9 million, an increase of $91.2 million, or 98.3% compared to FY 2021, driven primarily by an increase in bedspaces from new opened locations, higher occupancy rates, and higher total revenue per bedspace.
The Indian Hotels Company Limited (IHCL) Results
Indian Hotels Company Limited Announces Record Financial Results for Q4 and FY 2022-23
FY23 REVENUE AT INR 5,949 CRORES, UP 85% YoY - FY23 EBITDA MARGIN AT 32.7%, UP 1523 BPS YoY - FY23 PAT AT INR 1,003 CRORES, OFFSETS COVID LOSSES
Accor Results
Accor Reports First-quarter 2023 Revenue of €1,139 Million Up 54% Like-for-like
2023 Group RevPar Outlook Revised Upwards With Double-digit Growth Vs 2022
Pebblebrook Hotel Trust Results
Pebblebrook Hotel Trust Reports First Quarter 2023 Results
Same-Property Total RevPAR increased 23.8% vs. 2022 - Same-Property EBITDA $59.3 million, 25.4% above 2022
Wyndham Results
Wyndham Hotels & Resorts Reports First Quarter 2023 Results
Company Grows Development Pipeline by 11% and Global RevPAR by 12%. Raises Full-Year 2023 Outlook.
Hilton Results
Hilton Reports First Quarter Results; Raises Full Year Outlook
System-wide comparable RevPAR increased 30.0 percent, on a currency neutral basis, for the first quarter compared to the same period in 2022
H World Group Results
H World Group Limited Announces Preliminary Results for Hotel Operations in the First Quarter of 2023
For our Legacy-Huazhu business, our RevPAR in Q1 2023 recovered to 118% of the 2019 level. Breaking down into monthly numbers, our RevPAR in January, February and March 2023 recovered to 96%, 140% and 120% of the 2019 levels, respectively.
Las Vegas Sands Results
Las Vegas Sands Reports First Quarter 2023 Results
Marina Bay Sands Mass Gaming Revenue Reached an All-Time Property Record $549 million
NexPoint Hospitality Trust Results
NexPoint Hospitality Trust Announces Fiscal Year 2022 Improving Financial Results and Update on Sale of DoubleTree Portfolio
NexPoint Hospitality Trust, (TSX-V: NHT.U) announced the release of NHT's financial results for the three and twelve months ended December 31, 2022.
Sotherly Hotels Results
Sotherly Hotels Inc. Reports Preliminary Operating Results for the First Quarter Ended March 31, 2023
Sotherly Hotels Inc. (NASDAQ: SOHO), a self-managed and self-administered lodging real estate investment trust, today reported preliminary operating results for the Company’s ten wholly-owned properties.