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IHG Grows Revenue, Expands Portfolio in 2017

IHG Grows Revenue, Expands Portfolio in 2017

IHG released its preliminary results for the final quarter and full year of 2017. The company reported growth in all regions with global RevPAR up 2.7 percent in Q4. At 4 percent growth year-over-year (YOY), the net system size growth ...

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Hilton Reports 2017 Earnings and Gives 2018 Outlook

Hilton Reports 2017 Earnings and Gives 2018 Outlook

MCLEAN, Va.—Hilton today reported its fourth quarter and full year 2017 earnings as well as the company’s outlook for the year ahead. Last year, Hilton hit a record pipeline of 345,000 rooms and opened about 400 properties. On top of ...

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Red Lion Reports Franchise Gains in Q1 2017 Results

Red Lion Reports Franchise Gains in Q1 2017 Results

Red Lion Hotels Corporation (RLHC) reported in its first quarter 2017 results that the company executed 34 franchise agreements and opened 21 new franchised hotels in the first quarter of 2017, increasing its franchise segment revenues to $10.9 million, up ...

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Starwood Profit Beats Expectations

Quarterly earnings reports continue to roll in from major hotel industry players this week. Starwood Hotels & Resorts Worldwide today reported better-than-expected first quarter earnings as it works toward closing its merger with Marriott International. “We had a very strong ...

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Hyatt Releases Third Quarter Earnings Results

In a report released on Nov. 3, Hyatt Hotels released the following regarding its third quarter earnings: Net income attributable to Hyatt was $25 million, or $0.18 per share, during the third quarter of 2015 compared to net income attributable ...

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Third Quarter 2015 Results Roundup

Hilton Worldwide: Net income attributable to Hilton stockholders for the third quarter was $279 million, an increase of $96 million from the same period in 2014. Adjusted EBITDA for the third quarter increased 13 percent from the same period in ...

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