Pent-up demand in Q1 leads to improvement for RLJ Lodging Trust
RLJ Lodging Trust, for the three months ended March 31, reported a net loss of $79.1 million. First-quarter RevPAR was $50.99, down 52.4% from
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Hilton reports Q1 net loss, but sees momentum shift
Hilton has reported a net loss of $109 million for the first quarter ended March 31. System-wide RevPAR was $46.23, a decrease of 38.4%
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Despite $304M Q1 net loss, Hyatt remains optimistic for rest of ‘21
Hyatt Hotels Corporation, for the first quarter ended March 31, reported net loss of $304 million, or $2.99 per diluted share, compared to net
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LE: U.S. construction pipeline shows no great decline like previous downturn
According to Lodging Econometrics’ (LE) Construction Pipeline Trend Report for the U.S., the total construction pipeline stands at 4,967 projects/622,218 rooms at the end
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Wyndham reports Q1 net income of $24 million
Wyndham Hotels & Resorts, for the three months ended March 31, reported net income of $24 million, an increase of $2 million when compared
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COVID-19 restrictions dictate Accor’s Q1 regional RevPAR declines
For the first quarter of 2021, ended March 31, Accor reported that RevPAR declines from region to region were dictated by COVID-19 restrictions. Consolidated
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