Wegner provided guidance: "We expect RevPAR of minus 3.5% to minus 2.5%, adjusted EBITDA of $16.7 million to $18.3 million and adjusted FFO per share of $0.14 to $0.17 in Q4 and RevPAR growth of minus ...
Accor's first-quarter systemwide RevPAR increased year over year, as it said effects from the Middle East conflict largely were contained to the region.
Management expects full year 2026 RevPAR growth of 0% to 3%, driven primarily by average daily rate gains. The outlook anticipates the first quarter to be the most challenging, with January RevPAR ...
Bryan Giglia, CEO, highlighted that “Despite the various headwinds that impacted our industry in 2025, our portfolio finished the year on a high note with fourth quarter operating results that ...
Barclays report shows sharp pressure on Gulf hotel demand following Strait of Hormuz disruption. UAE hotel RevPAR down 53 ...
Using a 12-month moving average and U.S. dollar constant currency to remove the impact of currency fluctuations, Africa’s RevPAR was up 6.4% to US$67.10 as of August 2019. Average daily rate (ADR), up ...
Leisure travel was the first to recover from coronavirus lockdowns, surging well above 2019 levels as cooped-up consumers rushed to spread their wings and fly literally anywhere else. Now, though, ...
Host Hotels & Resorts, Inc. HST reported second-quarter adjusted funds from operations (AFFO) per share of 58 cents, which surpassed the Zacks Consensus Estimate of 51 cents. The figure increased 1.8% ...
Host Hotels & Resorts, Inc. HST reported first-quarter adjusted funds from operations (AFFO) per share of 64 cents, which surpassed the Zacks Consensus Estimate of 56 cents. The figure increased 4.9% ...