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Wyndham reports record-high rooms growth in ’23

Hotel Business

Comparing to 2019 to neutralize for COVID-impacted travel patterns, U.S. Compared to 2019, international RevPAR grew in fourth quarter and full-year by 44% and 36%, respectively, on a constant-currency basis. The growth in adjusted EBITDA was further impacted by $11 million of unfavorable marketing fund variability.

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Wyndham reports strong Q4 and ’22 results

Hotel Business

Highlights include: Global RevPAR grew 15% compared to fourth-quarter 2021 in constant currency, a 300-basis point improvement sequentially, representing 116% of 2019 levels; full-year global RevPAR grew 20% year-over-year in constant currency. Global RevPAR was 116% of 2019 levels in constant currency, with the U.S. RevPAR grew 12%.

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Beating the Labor Crunch: Outsourced Strategies Are Key

Modern Restaurant Management

From kitchen staff to waitstaff and janitors to managers, the industry is faced with one of the tightest labor markets in years amid an economic recovery from one of the worst crises in living memory. First, the amount of time managers spend recruiting can have a distracting domino effect on food service operations.

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MRM Research Roundup: Mid-August 2021 Edition

Modern Restaurant Management

Consumer spending at restaurants was up +32 percent in the April-May-June 2021 quarter compared to the same quarter last year, and for a pre-pandemic view, flat compared to the same quarter in 2019. Quick service restaurants (QSRs), representing 81 percent of restaurant visits in the U.S., foodservice industry. “The U.S.

Marketing 180
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What simple practices should M&E teams adopt to secure more bookings?

Hotel Owner

By 2019, she had become Meetings and Events Performance manager for IHG’s UK & Ireland Managed Portfolio, overseeing 19 hotels. In August 2021, Tawadrous joined BVA BDRC as client services manager, overseeing the day-to-day operations of Venue Verdict and a brand compliance audit program.

Book 119
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Wyndham reports 7% global RevPAR growth in Q2

Hotel Business

Signings of 24,000 rooms grew 6% YOY and 7% compared to 2019. Second-quarter financial results The comparability of Wyndham’s second-quarter results is impacted by the sale of its owned hotels and the exit of its select-service management business, both of which occurred in 2022, as well as quarterly timing variances from its marketing funds.

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MRM Research Roundup: Mid-February 2021 Edition

Modern Restaurant Management

Nielsen CGA's latest COVID-19 On Premise Impact Report provides further insights into markets which are more ‘open’ than others, with the aim to assess what might happen as re-opening increases. percent when compared to 2019 sales. In-store card sales fell less than 20 percent compared to 2019.

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