Click through the links below for Hotel News Now's complete coverage of the second-quarter 2022 earnings season for the hotel industry.
Favorite this page as it will continue to be updated as companies report earnings.
article3 Min ReadJuly 25, 2022 09:12 AMHotel companies are expected to tout strong performance in the second quarter, but analysts say executives also will have to detail plans to protect their businesses in the event of a recession.
article2 Min ReadJune 15, 2022 09:48 AMWhitbread PLC executives remain buoyant as reduced supply and continued staycation popularity have spurred bookings and profitability margins above the market average.
article5 Min ReadJuly 27, 2022 10:29 AMWyndham Hotels & Resorts reported global revenue per available room at its hotels grew 23% compared to the second quarter of 2021, which set the company's previous high-water mark for summer performance.
article3 Min ReadJuly 27, 2022 04:29 PMPebblebrook Chairman, President and CEO Jon Bortz said he expects hotel demand will not just recover, but surpass pre-pandemic levels in the next 12 to 18 months.
article5 Min ReadJuly 27, 2022 03:58 PMHilton executives expect big performance out of 2022 as a whole, thanks to higher-than-anticipated business travel and still-robust leisure travel in the second quarter, plus more group business hitting the books.
article4 Min ReadJuly 29, 2022 09:15 AMWith an anticipated $600 million in cash to deploy to strategically grow and enhance its hotel portfolio, Wyndham Hotels & Resorts has been on the lookout for opportunistic brand mergers and acquisitions, but executives say that there haven't been an abundance of options.
article3 Min ReadAugust 03, 2022 09:27 AMWhile broad economic recessions have historically been a bad omen for lodging demand, Airbnb CEO Brian Chesky said he expects there to be an increase in people who both travel and host for his company in the event of a downturn.
article5 Min ReadAugust 04, 2022 09:23 AMExecutives during MGM Resorts International's second-quarter earnings call said they're confident in the demand outlook for their Las Vegas properties thanks to the city's events calendar filling with sports competitions, citywide conferences and other demand generators.
article2 Min ReadAugust 04, 2022 11:29 AMOn the company's second-quarter earnings call, Choice Hotels International executives shared projections for how its acquisition of Radisson Hotel Group Americas will affect future performance.
article3 Min ReadAugust 05, 2022 09:13 AMPark Hotels & Resorts officials say they will continue to be asset sellers rather than buyers, with the best use of capital being stock buybacks, capital improvements and paying down debt.
article6 Min ReadAugust 05, 2022 09:20 AMDuring Expedia Group's second-quarter earnings call, CEO Peter Kern explained the company is pursuing longer-term sustainable growth by targeting what he called "high lifetime value customers."
article4 Min ReadAugust 05, 2022 09:35 AMDiamondRock Hospitality Company President and CEO Mark Brugger was very optimistic about the outlook of his company's resorts given consistently high leisure demand, which Brugger added is here to stay. The REIT, however, didn't pursue an acquisition target that wasn't enough of a good fit.
article6 Min ReadAugust 04, 2022 04:07 PMDuring the REIT's second-quarter earnings call, Host Hotels & Resorts' President and CEO Jim Risoleo said he isn't concerned about the threat of high inflation or recession amid strong leisure demand for his company's hotels and improvement in the volume of group and business-transient room nights booked, a sign of improving confidence from business travelers and corporations.
article2 Min ReadAugust 08, 2022 08:24 AMWith the announcement that four more properties are under contract, just four of the 68 Sonesta-branded hotels that Service Properties Trust has targeted for sale remain on the market.
article4 Min ReadAugust 05, 2022 03:34 PMApple Hospitality REIT plans to be a net acquirer of hotel assets in 2022, and the next wave of single-asset transactions could be coming in the next few months, executives said.
article4 Min ReadAugust 05, 2022 02:38 PMWhile business-transient demand may be lagging industrywide, RLJ Lodging Trust executives see improving weekday occupancy and business-transient revenues inching closer to 2019 levels.
Tracking Earnings Results
Hotel News Now's Earnings Tracker offers an overview of results in key performance metrics for select hotel companies and real estate investment trusts. The chart for this latest earnings season will be updated as companies report, and can be downloaded here.