Tag: hotel finance
Playing the Same Game: How Revenue Managers and Sales Are Joining Forces
Sales and revenue management are two departments that seemingly should be a match made in heaven but often find themselves at odds with differing...
Accor Reports Q3 2023 Results
ISSY-LES-MOULINEAUX, France—According to Accor, hotel demand remained strong throughout Q3 2023, with RevPAR up 15 percent compared with the prior year despite a high...
Getting Purchase on the Market: Operations Leaders Discuss Procurement Under Improved But Still Challenging...
While inflation is still casting a long shadow over the market, the bright side for buyers is that supply chains are more reliable than...
Choice Hotels Shares Second-Quarter 2023 Results
ROCKVILLE, Maryland—Choice Hotels International, Inc. reported its second quarter 2023 results. Highlights of second quarter 2023 results include:
Total revenues reached $427.4 million for the...
Wyndham Hotels & Resorts Reports Q2 2023 Results
PARSIPPANY, New Jersey—Wyndham Hotels & Resorts announced results for the three months ended June 30, 2023. Highlights include:
Global RevPAR grew 7 percent compared to...