LuxUrban Hotels Results
LuxUrban Hotels Inc. Announces Record 2022 Financial Results
2022 Net Rental Revenue Rose 105% to $43.8 Million from $21.4 Million in 2021
Advertisement
Hotel Financial News Page 3
H World Group Results
H World Group Limited Reports Fourth Quarter and Full Year of 2022 Unaudited Financial Results
Hotel turnover increased 10.5% year-over-year to RMB13.1 billion in the fourth quarter of 2022, and increased 9.3% year-over-year to RMB49.6 billion for the full year of 2022.
Xenia Hotels Results
Xenia Hotels & Resorts Reports Fourth Quarter and Full Year 2022 Results
Fourth Quarter Adjusted EBITDAre: $64.6 million, increased 32.0% compared to the fourth quarter of 2021
Summit Hotel Properties Results
Summit Hotel Properties Reports Fourth Quarter and Full Year 2022 Results
Operating Income Triples Driving Adjusted EBITDAre Growth of 100% to $180.8 Million in 2022
RLJ Lodging Trust Results
RLJ Lodging Trust Reports Fourth Quarter and Full Year 2022 Results
Announces 60% increase in quarterly dividend to $0.08 per common share
Playa Hotels Results
Playa Hotels & Resorts N.V. Reports Fourth Quarter and Full Year 2022 Results
Year End Net Income was $56.7 million compared to a Net Loss of $89.7 million in 2021
Chatham Lodging Trust Results
Chatham Lodging Trust Announces Fourth Quarter 2022 Results
Portfolio Revenue Per Available Room (RevPAR) – Increased 24 percent to $117 compared to the 2021 fourth quarter. Average daily rate (ADR) accelerated 20 percent to $171, and occupancy jumped 3 percent to 69 percent for the 38 comparable hotels owned as of December 31, 2022
Accor Results
Accor Full-Year 2022 Results Solid and Show Sustainable Rebound in Activity in 2022
Sustainable Revpar Recovery Above Pre-pandemic Level FY 2023 Group RevPar Expected up Between 5% and 9% LFL YOY Return of Dividend Distribution at €1.05 per Share
Scandic Results
Scandic Reports Full Year 2022 Results Invitation to Presentation of Scandic’s Year-end Report 2022
Stable 4th Quarter Ends a Strong Year
IHG Results
IHG Reports Full Year Gross Revenue Increase of 33% for 2022
IHG Reports Full Year Results to 31 December 2022
Host Hotels & Resorts Results
Host Hotels & Resorts, Inc. Reports Results for 2022
RevPAR Exceeds 2019 for Third Consecutive Quarter; Full Year Performance Finishes at High End of Q3 Guidance
Wyndham Results
Wyndham Hotels & Resorts Reports Fourth Quarter And Full-Year 2022 Results
Company Exceeds Top End of Full-Year Outlook Grows Development Pipeline by 12% Increases Quarterly Dividend by 9% and Provides Full-Year 2023 Outlook
Hyatt Results
Hyatt Reports Fourth Quarter and Full Year 2022 Results
Record Cash Flow from Operations of $674M; Net Rooms Growth of 6.7% Exceeds Expectations
Choice Hotels Results
Choice Hotels International Reports 2022 Fourth Quarter and Full-Year Results
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
Marriott International Results
Marriott International Reports Fourth Quarter and Full Year 2022 Results
Fourth quarter 2022 comparable systemwide constant dollar RevPAR increased 28.8 percent worldwide, 23.6 percent in the U.S. & Canada, and 45.1 percent in international markets, compared to the 2021 fourth quarter
Hilton Results
Hilton Reports Fourth Quarter 2022 and Full Year Results
For the three months and year ended December 31, 2022, system-wide comparable RevPAR increased 24.8 percent and 42.5 percent, respectively, compared to the same periods in 2021, due to increases in both occupancy and ADR.
Red Rock Resorts Results
Red Rock Resorts Announces Fourth Quarter and Full Year 2022 Results
Net revenues were $425.5 million for the fourth quarter of 2022, an increase of 0.7%, or $3.1 million, from $422.4 million in the same period of 2021.
H World Group Results
H World Group Limited Announces Preliminary Results for Hotel Operations in the Fourth Quarter and the Full Year of 2022
For the Legacy-Huazhu business, RevPAR in Q4 2022 recovered to 83% of the 2019 level. The recovery was accelerated after Chinese Government announced the reopening policy in mid-November.
Las Vegas Sands Results
Las Vegas Sands Reports Fourth Quarter 2022 Results
Net revenue was $1.12 billion, an increase of 10.8% from the prior year quarter. Operating loss was $166 million, compared to $138 million in the prior year quarter. Net loss from continuing operations in the fourth quarter of 2022 was $269 million, compared to $315 million in the fourth quarter of 2021.
Pebblebrook Hotel Trust Results
Pebblebrook Hotel Trust Provides Operating Update, Preliminary Q4 2022 and Full Year 2022 Results, and Transaction Update
Additionally, the Company announced that it had executed a contract to sell the 151-room The Heathman Hotel in Portland, Oregon for $45.0 million to a third party.
Sotherly Hotels Results
Sotherly Hotels Inc. Reports Preliminary Operating Results for the Fourth Quarter Ended December 31, 2022
'We’re pleased with these preliminary results for the fourth quarter which reflect the Company’s continued recovery, despite the impact caused by Hurricane Nicole and the softening of demand in the South Florida market during the month of November'
Ashford Hospitality Trust Results
Ashford Hospitality Trust Announces Preliminary RevPar Results for Fourth Quarter 2022
Ashford Hospitality Trust, Inc. (NYSE: AHT) reported today that the Company expects to report occupancy of approximately 68% for the fourth quarter of 2022 with an average daily rate of approximately $175 resulting in RevPAR of approximately $118.
Braemar Hotels Results
Braemar Hotels & Resorts Announces Preliminary RevPAR Results for Fourth Quarter 2022
Braemar Hotels & Resorts Inc. (NYSE: BHR) reported today that the Company expects to report occupancy of approximately 64% for the fourth quarter of 2022 with an average daily rate of approximately $469 resulting in RevPAR of approximately $301
Hotel Financing
Borrowing for Hotels in 2023 Will Be Possible But Pricey - CoStar
While there's been a lot of talk about a wave of debt maturities in 2023, lenders and experts said they think it will ultimately be dealt with without creating much disruption.
GreenTree Hospitality Group Results
GreenTree Hospitality Group Ltd. Reports First Half 2022 Financial Results
Total revenues decreased by 22.3% year over year to RMB457.4 million (US$68.3 million)