Adam Thielen’s Post

Our Wyndham Hotels & Resorts Q3 earnings report today highlighted another strong quarter. Our President and CEO Geoff Ballotti shares: “Our teams around the world once again delivered exceptional results, executing our long-term growth strategy and achieving 7% growth in comparable adjusted EBITDA fueled by continued system expansion, higher royalty rates and growth in our ancillary revenues. We awarded 10% more franchise contracts domestically this quarter, driving 5% growth in our development pipeline. Stabilizing RevPAR trends and improving comparisons coupled with increased infrastructure demand are expected to pave the way for improved results in the coming quarters. We remain steadfast in our long-term strategy, aimed at delivering outstanding value to our guests, franchisees and shareholders to whom we’ve returned nearly $380 million year-to-date in the form of dividends and share repurchases." For more on our Q3 2024 earnings results click here: https://lnkd.in/dAtx4Yc

Our Wyndham Hotels & Resorts Q3 earnings report today highlighted another strong quarter. Our President and CEO Geoff Ballotti shares: “Our teams around the world once again delivered exceptional results, executing our long-term growth strategy and achieving 7% growth in comparable adjusted EBITDA fueled by continued system expansion, higher royalty rates and growth in our ancillary revenues. We awarded 10% more franchise contracts domestically this quarter, driving 5% growth in our development pipeline. Stabilizing RevPAR trends and improving comparisons coupled with increased infrastructure demand are expected to pave the way for improved results in the coming quarters. We remain steadfast in our long-term strategy, aimed at delivering outstanding value to our guests, franchisees and shareholders to whom we’ve returned nearly $380 million year-to-date in the form of dividends and share repurchases." For more on our Q3 2024 earnings results click here: https://lnkd.in/dAtx4Yc

Navigating the complexities of hotel franchise agreements across different brands can be a daunting task. This is where having a guide or consultant with expertise in franchise agreements becomes indispensable. The HVS U.S. Franchise Fee Guide stands out as a valuable resource, providing a comprehensive and current overview of franchise fees charged by various hotel brands in the United States. This guide not only helps you understand the nuances that differentiate each brand but also empowers you to make informed decisions. By facilitating a comparison of franchise fees across different brands, it enables you to select the brand that offers the best value for your investment, ultimately guiding you towards a successful partnership. Pick up a copy today!! #hotelfranchise #hoteltrends #hotelindustry #hotelinvestment #hoteldevelopment #brandgrowth

Marriott, Hilton & Hyatt dominate the hotel industry with over 8,000, 7,000, & 1,300 properties globally, while actually owning less than 2% of these properties. 🏨 The secret sauce? Franchising! 🤝 They've shifted from owning beds to owning powerful brands, scaling through partnerships. 🚀 #businessmodel

The hotel you stay in is NOT what you think👇 If your hotel is under one of the big names like Hilton, Marriott, or Hyatt, And the hotel has less than 5 stars 🌟 There’s a VERY high chance it’s a franchise location, that is not actually run by the main company. See, the big hotel brands like Hilton, Hyatt, and Marriott have realized that, Buying and running your own hotel is SUPER costly. And it puts a cap on how much a hotel brand can really expand to new location. Think about how many tens or hundreds of millions you would need to invest just to create a new hotel outlet. So, they changed their business model. Just like the fast food companies, it’s a franchise model. Independent operators pay the big companies to get the rights to use their brand name. And the big companies can simply collect franchise fees from their operators. Without having to spend or do all the work themselves! And that gives the big companies a lot of flexibility to scale. So the next time you stay at a hotel, try looking out for signs of it being a franchise location. #somethingnew #intresting #hotels #knowledge

Choice Hotels Withdraws Bid for Wyndham Hotels Choice Hotels has announced it will no longer pursue the acquisition of Wyndham Hotels, ending a bid that started in October 2023 with an $8 billion offer. This decision came after facing significant resistance from Wyndham's shareholders, who were concerned about valuation and regulatory hurdles. With the focus now shifting back to its core operations, Choice is eager to enhance stockholder and franchisee value through its standalone strategy and a share buyback program. This development marks a pivotal moment in the hospitality industry, illustrating the complexities of major M&A activities. #traveladvisor #travelagent #travelindustry #BusinessNews #HospitalityIndustry #CorporateStrategy #ChoiceHotels #WyndhamHotels

Big Changes for Loungers! 📈 Loungers, the beloved café, bar, and restaurant group is entering a new chapter with a major acquisition. Fortress Investment Group has offered 310p per share in a deal valuing Loungers at around £340 million. The acquisition includes the entire share capital of Loungers, signalling a significant shift for the company that has been a staple on UK high streets since 2002. Loungers' chairman, Alex Reilley, expressed his excitement about the future, citing the strong financial results and growth momentum. "We believe Fortress is an ideal partner to help us take Loungers into the next phase," Alex said. The half-year results certainly back up this ambition—revenue is up by 19.2%, with EBITDA increasing by 25%. That's impressive growth, even more so considering the wider challenges in the hospitality sector. Domnall Tait, managing director at Fortress, highlighted their commitment to Loungers' unique position in the market. With Fortress' track record of successful investments in the UK, including Majestic Wines and Punch Pubs, the future looks bright for Loungers. "Fortress has high conviction in the future of experience-led retail and hospitality, which complements Loungers' strong operational performance," Domnall commented. What are your thoughts on this acquisition? Let me know in the comments!👇 #Hospitality #BusinessNews #UKEconomy

Star Group has doubled down on its Queensland expansion strategy by acquiring Rydges Mackay Suites and the Mackay Central Retail Centre.   The group, Queensland's largest independently owned and operated pub and liquor retail group, recently acquired the Rydges Gold Coast Airport Hotel. Star Group’s portfolio now comprises 51 licensed venues, over 115 retail liquor outlets, and eight accommodation venues across Queensland. In its latest foray, it has turned its focus to the fast-growing Mackay market in a deal facilitated by CBRE Hotels National Director Wayne Bunz on behalf of Richard Pegum and Geordie Clark. https://lnkd.in/gUASwea2 #CBRE #StarGroup #Acquisition #Portfolio

Global Hotel Conversions on the Rise In a significant turn of events, the hospitality industry is witnessing a surge in global hotel conversions, as independent hotel operators and major hotel chains find mutual benefits in franchise agreements. This trend comes at a time when high-interest rates have put a damper on new hotel construction, making conversions a strategic move for both parties involved. The Mutual Benefit of Conversions For giant hotel chains, embracing franchise agreements through conversions has emerged as a savvy strategy to maintain growth momentum... https://lnkd.in/gVJ7vrV8

We’ve come up with a plan to help close the gap between the share price of Braemar Hotels & Resorts (BHR) and its net asset value per share! See repost below… #bhr #reit #luxury #hotelinvestment