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RevPar Growth

As seen in: Investing Canada, Investing.com UK
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Articles

IHG Posts strong H1 results, driven by RevPAR growth, record hotel signings

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By RevPar Growth
| Investing Canada Verified
Investing.com -- IHG Hotels & Resorts (LON:) on Tuesday reported its results for the first half of 2024. The company's operating profit from reportable segments climbed 12% to $535 million, driven by a 7% revenue increase to $1.1 billion. This was underpinned by a 3% increase in global RevPAR (Revenue Per Available Room), a key performance metric that measures average revenue generated per available room. Strong performances in the Americas and EMEAA regions offset challenges in Greater China.
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By Vintage Seattle, Viceroy Santa Monica, Adjusted EBITDAre, RevPar Growth
| chase.com
Pebblebrook Hotel Trust Reports First Quarter 2023 Results 4:02 PM EDT 4/26/2023 - Comtex BETHESDA, Md, April 26, 2023 (BUSINESS WIRE) -- Pebblebrook Hotel Trust (NYSE: PEB): Net loss: ($22.0) million Q1 FINANCIAL Same-Property Total RevPAR(1) increased 23.8% vs. 2022 HIGHLIGHTS Same-Property EBITDA(1) $59.3 million, 25.4% above 2022 Adjusted EBITDAre(1) $60.8 million, increased 30.8% vs. 2022 Adjusted FFO(1) per diluted share $0.18 vs.
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