Articles tagged “hotel brands”

Hotels

Wyndham Sees Tech Upgrades as Driving Higher Hotel Profits

Wyndham said its RevPAR (that's hotel-speak for "how much money we make per room") might be flat this year, but its EBITDA (that's finance-speak for "profits, kinda") was still looking good. The hotel franchisor partly chalked that up to an improved tech game that has helped it boost margins.
Hotels

Hyatt Snaps Up Small Lifestyle Hotel Brand in European Push

Hyatt is adding its 29th brand in a bid to add places in Germany where it hasn't had many choices for its most loyal guests. However, it also aims to reach more German guests and try to cross-sell them into all-inclusive resorts.