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Group business a standout for Marriott in Q4: Travel Weekly

Group business a standout for Marriott in Q4: Travel Weekly
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Hyatt Hotels Corporation (NYSE:H) Q1 2023 Earnings Call Transcript

Operator: Good morning, and welcome to the Hyatt First Quarter 2023 Earnings Call. . As a reminder, this conference call is being recorded.

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Accor: We exceeded our financial and non-financial targets

“Tourism recovered substantially in 2022 and our performances, up strongly in all regions, reflected that rebound, Sébastien Bazin, Chairman and Chief Executive Officer of Accor, said. We exceeded our financial and non-financial targets and can look to the future with serenity. Our brands are attractive, our distribution is powerful, our teams are talented and motivated,“Tourism recovered substantially in 2022 and our performances, up strongly in all regions, reflected that rebound, Sébastien Bazin, Chairman and Chief Executive Officer of Accor, said. We exceeded our financial and non-financial targets and can look to the future with serenity. Our brands are attractive, our distribution is powerful, our teams are talented and motivated, » The FINANCIAL Travel Biz

United statesFrance generalUnited kingdomCity ofArabian peninsulaSaudi arabia generalSaudi arabiaQionger jiangIsabelle simonEurope revAuriol potierAsma abdulrahman al khulaifiAsia pacific revNicolas sarkozyPullman montparnasseH world group ltd huazhu

Accor: Solid and sustainable rebound in 2022

In its full-year 2022 results, Accor Hotel Group shows sustainable RevPAR recovery above pre-pandemic level.

Arabian peninsulaSaudi arabia generalSaudi arabiaUnited statesFrance generalUnited kingdomCity ofAsia pacific revPullman montparnasseParis societyServices to ownersGroup revAccor hotel groupHotel assets otherHolding intercosChief executive officer

Full-Year 2022 Results Solid and sustainable rebound in activity in 2022

After two years severely impacted by the health crisis, the fiscal-year 2022 posted a solid and sustainable rebound in Group’s activity. The performance of hotels over the second half of the year surpasses pre-crisis levels in almost all our regions. Only Asia, a region impacted by China s strict zero-Covid policy until year end, is still significantly below 2019 activity levels.

United statesFrance generalUnited kingdomCity ofArabian peninsulaSaudi arabia generalSaudi arabiaQionger jiangIsabelle simonEurope revAuriol potierAsma abdulrahman al khulaifiAsia pacific revNicolas sarkozyPullman montparnasseH world group ltd huazhu