Tag: finance & development
Choice Hotels International Reports Q1 2024 Results
NORTH BETHESDA, Maryland—Choice Hotels International, Inc. reported its first quarter 2024 results. Highlights include:
Net income was $31.0 million for the first quarter of 2024,...
Marriott Expands Canadian Growth in Response to Increased Leisure Demand
Marriott International’s presence in the Canadian market strengthened, as the company experienced a 36 percent year-over-year increase in hotel-level leisure revenue in 2023. With...
TMGOC Shares ‘Topping Out’ of Moxy Charlotte Uptown
CHARLESTON, South Carolina, and BOCA RATON, Florida—TMGOC Ventures announced the "topping out" of the upcoming Moxy Charlotte Uptown. The moment is a milestone for...
InterContinental Hotels Group Reports Q1 Trading Results
InterContinental Hotels Group reported its first-quarter trading results, highlighted by global RevPAR gains and significant system-wide growth. Specific highlights include the following:
Q1 global RevPAR...
IHG Opens First avid hotels and Candlewood Suites Dual-Branded Property in North Platte
IHG Hotels & Resorts (IHG) announced the opening of its first dual-branded avid hotels and Candlewood Suites property in North Platte, Nebraska, following the prototype’s launch in 2021.
Operating under...