New 12 Months, New Hotels From Ihg Hotels & Resorts Intercontinental Hotels Group Plc
Below is a roundup of Hotel Dive’s protection of these high hotel companies’ third-quarter 2023 earnings outcomes — and the hospitality industry trends that drove their performance. Developers remained bullish on prolonged keep development during Q3 as nicely, with IHG, Hilton and Wyndham all citing sturdy demand for the product type. Wyndham significantly signed 60 new development tasks for its Echo Suites prolonged stay brand during the quarter. The Adelphi Hotel, run Britannia, has been branded ‘a humiliation to town’ in current times. The hotel was …
