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WYNDHAM HOTELS & RESORTS TO REPORT SECOND QUARTER 2025 EARNINGS ON JULY 23, 2025
Prnewswire· 2025-06-25 10:30
Will Host Conference Call and Webcast on July 24, 2025 at 8:30 a.m. ETPARSIPPANY, N.J., June 25, 2025 /PRNewswire/ -- Wyndham Hotels & Resorts (NYSE: WH) announced today that it will report second quarter 2025 results on Wednesday, July 23, 2025 at approximately 4:30 p.m. ET. Geoff Ballotti, president and chief executive officer, and Michele Allen, chief financial officer and head of strategy, will host a call with investors on July 24, 2025 at 8:30 a.m. ET to discuss the Company's results and business out ...
GROUPE PARTOUCHE: Solid Half-Year Income in a period of significant growth investments
Globenewswire· 2025-06-24 16:00
Core Insights - Groupe Partouche reported solid financial performance for the first half of 2024-2025, with significant growth in Gross Gaming Revenue (GGR) and EBITDA, reflecting strong business momentum and effective cost management [3][7][20]. Financial Performance - Gross Gaming Revenue (GGR) increased by 4.2% to €361.5 million, while total revenue rose by 5.7% to €233.5 million [3][14]. - EBITDA surged by 35.1% to €55.3 million, representing 23.7% of turnover, compared to €41.0 million (18.6% of turnover) in the first half of 2024 [3][20]. - Current Operating Income (COI) improved significantly to €24.3 million, a 56.9% increase from €15.5 million in the first half of 2024, with contributions from all business segments [4][20]. Segment Performance - The casinos segment achieved a COI of €30.8 million, up 26.7% from €24.3 million in the first half of 2024, driven by strong operational performance [4][8]. - The hotels segment's negative COI improved to -€1.2 million from -€2.7 million in H1 2024, indicating recovery [5]. - The "others" sector also saw an improvement in negative COI to -€5.3 million from -€6.2 million in H1 2024 [5]. Cost Management - Total purchases and external expenses rose by 5.9% to €77.0 million, while personnel expenses decreased by €6.7 million to €83.9 million, primarily due to the settlement of social security liabilities [6][14]. - Employee headcount increased by 5.3%, contributing to a rise in salaries and social security contributions by €5.4 million [6]. Net Income and Financial Structure - Net income for the period reached €12.6 million, a 77.2% increase from €7.1 million in the first half of 2024 [7][20]. - The Group's financial structure remains robust, with a gearing ratio of 0.5x and leverage of 2.4x, reflecting a sound balance between debt and equity [10][23]. Recent Developments - The execution of the Financière Partouche safeguard plan was amended, with early payments made to the plan's execution commissioner [11]. - The Group's total net assets increased to €942.2 million as of 30 April 2025, up from €845.1 million as of 31 October 2024, driven by significant investments [21].
Homewood Suites by Hilton Orlando - UCF Area Enhances Guest Experience with Comprehensive Renovation
Prnewswire· 2025-06-23 15:22
Company Overview - Buffalo Lodging Associates, LLC has completed a significant renovation of the Homewood Suites by Hilton Orlando – UCF Area, enhancing guest experience and comfort [1][3] - The property features 99 suites and is designed to provide a home-like atmosphere for both short and extended stays [3][9] Renovation Details - The renovation includes a new exterior paint scheme, updated lobby, and public spaces with a calming palette of blue and neutral tones [1][2] - Each suite has been upgraded with contemporary furniture, new carpeting, modern wall coverings, and updated bathrooms [1][3] Guest Amenities - Guests can enjoy apartment-style accommodations with fully equipped kitchens, separate living and sleeping areas, and complimentary hot breakfast [3][9] - Additional amenities include a 24/7 fitness center, outdoor pool, complimentary evening reception on Wednesdays, and a self-serve PourMyBeer station [3][4] Location and Accessibility - The hotel is ideally located one mile from the University of Central Florida and Central Florida Research Park, and two miles from Addition Financial Arena and FBC Mortgage Stadium [4] - Proximity to Waterford Lakes Town Center offers guests access to retail and dining options [4] Company Background - Buffalo Lodging Associates operates hotels across multiple states, including New York, New Jersey, Ohio, Pennsylvania, Massachusetts, Connecticut, Rhode Island, and Florida [5][7] - The company emphasizes operational excellence and customer service, contributing to the success of its hotel properties [7]
Why Americans Fell Out Of Love With The Hotel Minibar
CNBC· 2025-06-21 15:01
We've all been there countless hours of traveling. Arriving at a hotel at odd hours, tired, hungry, and tempted by the ultimate convenience the hotel has to offer the minibar. But a can of soda, a bag of stale chips and a candy bar at 3 a.m. adds up. In fact, it costs about 80% to 400% more than what you paid for at the store.You wanted it, and then you see the bill two days later. But initially, the minibar was put in rooms. It was a novelty.And then it sort of devolved into an annoyance. And Minibars got ...
Xenia Hotels & Resorts (XHR) Earnings Call Presentation
2025-06-19 13:14
Portfolio Highlights - Xenia Hotels & Resorts has a diverse portfolio of 30 luxury and upper-upscale hotels and resorts primarily in Top 25 markets and key leisure destinations[7, 12] - The portfolio is diversified across 22 markets, with no single market contributing more than 17% of 2024 EBITDA[12, 17] - The company focuses on uniquely positioned luxury and upper-upscale hotels & resorts, with 100% brand affiliation[15] Financial Performance and Strategy - Strategic capital allocation has delivered a superior portfolio, with significant acquisitions and dispositions since 2015, totaling $1.9 billion and $1.8 billion, respectively[27] - The company disposed of Fairmont Dallas in 2025 for $111 million, at a sale price per key of $203,670, and an EBITDA multiple of 8.6x[37] - In Q1, the company increased the quarterly dividend by 17% to $0.14/share and repurchased approximately 2.7 million shares of common stock for $35.8 million[47, 48] Growth Drivers - The transformative renovation of Grand Hyatt Scottsdale Resort is expected to drive significant long-term growth, with an expected RevPAR of approximately $300 upon stabilization[7, 102] - The company anticipates long-term recovery in Northern California assets, such as Marriott San Francisco Airport Waterfront and Hyatt Regency Santa Clara[61] Balance Sheet and Outlook - As of March 31, 2025, the company had approximately $113 million in unrestricted cash and $500 million in line of credit availability, totaling approximately $613 million in liquidity[108] - The company's current FY 2025 guidance includes a Same-Property (30 Hotel) RevPAR change of 2.50% to 6.50% compared to 2024[116]
极光GPTBots闪耀Super AI峰会 以企业级AI解决方案引领产业智能化变革
Ge Long Hui· 2025-06-19 08:33
Core Insights - GPTBots.ai, a platform under Aurora Mobile, gained significant attention at the "Super AI" summit in Singapore, attracting interest from major enterprises across various industries [1] - The platform addresses key industry needs in finance, consulting, and hospitality by providing tailored AI solutions [3][4] Group 1: Industry Needs - In the financial sector, Mitsubishi UFJ Bank's corporate finance division seeks an AI assistant to track client news and identify business opportunities, enhancing data-driven marketing [3] - A leading global consulting firm aims to restructure its customer service system using GPTBots to automate routine inquiries while optimizing human resource allocation [3] - In the hospitality industry, a top hotel system integrator requires AI agents for both customer service and management decision-making, enabling 24/7 support and real-time data analysis [3] Group 2: Technological Capabilities - GPTBots offers three core capabilities: dynamic business insights for rapid opportunity identification, an intelligent service hub for handling over 90% of routine queries, and management decision support through automated data visualization [4] - The platform features a modular architecture for seamless integration with existing business systems and ensures data security through private knowledge base training, meeting compliance requirements in sensitive industries [4] Group 3: Market Trends - The Super AI summit highlighted three core demands in the Asia-Pacific market for AI solutions: industry-specific adaptability, rapid deployment capabilities, and enterprise-level security [6] - GPTBots aims to drive innovation by creating new growth paths, enhancing operational efficiency through automation, and building an evolving ecosystem of intelligent solutions [6]
Wynn Las Vegas Announces the Return of Culinary Festival, Revelry
Prnewswire· 2025-06-18 18:00
Core Insights - The Revelry culinary festival will take place at Wynn Las Vegas from September 19-27, 2025, featuring top chefs and immersive culinary experiences [1][4][5] - The festival includes signature events such as The Feast, collaboration dinners, and exclusive Connoisseur Classes, showcasing diverse culinary styles and global flavors [4][5][8] Event Highlights - The Feast, the festival's marquee event, will occur on September 20, 2025, offering a multi-sensory tasting experience with tickets starting at $395 per person [5][6] - Notable culinary collaboration dinners include The Tastemakers and All-Star Chefs Dinner, with ticket prices ranging from $500 to $795 per person [6][8] - Exclusive Connoisseur Classes will feature topics like BBQ mastery and culinary tours of Mexico, with tickets priced around $195 to $500 [7][11] Participating Chefs and Culinary Teams - Esteemed chefs from Wynn Las Vegas and other locations will participate, including James Beard Award winners and Michelin-starred chefs [4][8] - The festival will also feature guest mixologists and vintners, enhancing the culinary experience with unique beverage pairings [4][5] Sponsorship and Production - Revelry is co-produced by Wynn Las Vegas and Elizabeth Blau, with American Express as the presenting sponsor [9]
IHG Hotels & Resorts and Real Hotels & Resorts Celebrate the Opening of InterContinental Real and Hotel Indigo Sister Properties in Lima
Prnewswire· 2025-06-17 15:30
Core Insights - IHG Hotels & Resorts and Grupo Poma have launched two luxury hotels in Miraflores, Lima, namely InterContinental Real Lima Miraflores and Hotel Indigo Lima Miraflores, marking a significant development in South American hospitality [1][3]. Company Overview - IHG operates over 6,600 hotels in more than 100 countries, with a development pipeline of over 2,200 properties, including 229 hotels in operation and 104 in development globally for InterContinental Hotels & Resorts [9][11]. - InterContinental Hotels & Resorts is recognized as the world's first and largest luxury hotel brand, with over 220 hotels across 70 countries [16]. - Hotel Indigo aims to double its global portfolio in the coming years, currently operating 169 properties with 136 in the pipeline [9]. Hotel Features - InterContinental Real Lima Miraflores features 321 rooms, including 29 luxury suites, with amenities such as a Club InterContinental lounge, 11 multifunctional meeting rooms, and the largest outdoor hotel infinity pool in the destination [4]. - Hotel Indigo Lima Miraflores offers 76 rooms, including 10 suites, with design elements inspired by 1970s Lima, featuring a rooftop pool and community gathering spaces [5]. Culinary and Wellness Offerings - The hotels present five distinct culinary concepts, including a steakhouse, Nikkei fine dining, and a Peruvian fusion restaurant, catering to both guests and locals [6][14]. - The Presence Spa spans 400 square meters, providing personalized treatments and wellness facilities accessible to guests of both hotels [7]. Location and Cultural Significance - The hotels are strategically located in the vibrant Miraflores district, near Barranco and San Isidro, reflecting the cosmopolitan energy of the area [8].
Should Value Investors Buy Braemar Hotels & Resorts (BHR) Stock?
ZACKS· 2025-06-17 14:41
Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers.Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors use a variety of methods, including tried-an ...
Wyndham Opens 100th Days Inn Hotel in China
Prnewswire· 2025-06-17 12:00
Core Insights - Wyndham's Days Inn brand in China has experienced double-digit net room growth over the last five years, contributing to a 14% increase in Wyndham's overall direct franchising business during the same period [1] - The brand's pipeline in China is expanding at a rate of 25% year-over-year through the end of the first quarter, indicating strong potential for sustained growth [1] - Wyndham's direct franchise business growth has resulted in a doubling of FeePAR since 2018, showcasing the brand's profitability [1] - China's tourism market is projected to become the largest in the world within the next decade, aligning with Wyndham's expansion strategy [1] Company Strategy and Market Position - Wyndham aims to build on its leading footprint in China, leveraging the Days Inn brand to meet the needs of owners and guests [2] - The company emphasizes the integration of local culture with modern hospitality, as seen in the Days Inn by Wyndham Shantou Jinping [2] - Wyndham's global network and loyalty program provide significant advantages to hotel owners, enhancing guest experiences and driving business [2] Hotel Developments - Days Inn has established a presence in approximately 60 major cities across China, including key locations like Beijing, Chengdu, and Harbin [3] - The opening of Days Inn by Wyndham Shantou Jinping marks the 100th Days Inn hotel in China, featuring 83 rooms and various amenities [3] - Days Inn by Wyndham Beijing Haidian is strategically located in a tech hub, offering 81 rooms and versatile event spaces [4] - Days Hotel by Wyndham Chengdu Wenjiang features 157 rooms and is designed for business travelers, located in a scenic area [5] - Days Hotel by Wyndham Harbin Songbei offers 90 uniquely designed rooms and leisure facilities, situated in a prime natural landscape [6] Technological and Marketing Support - Wyndham's growth in China is supported by the Wyndham Advantage, which includes nearly $350 million in technology investments over the past seven years [7] - Owners benefit from access to advanced property management systems and a growing member base of over 115 million enrolled Wyndham Rewards members globally [7] Company Overview - Wyndham Hotels & Resorts is the world's largest hotel franchising company, with approximately 9,300 hotels across over 95 countries [9] - The company operates a portfolio of 25 hotel brands, including Days Inn, and has a significant presence in the economy and midscale segments of the lodging industry [9]