Originally Posted by
fireworksboy
That's great news for Marriott. Anyone have comparable o rates for its competitors in the same quarter?
Hilton's owned by Blackstone. I can't find financial data for them.
Starwood's RevPAR increased 5.8% for 1Q. 2Q not out yet.
Hyatt's 1Q RevPAR increased 8.3%; excluding the effect of currency, it increased 8.7%. 2Q not out yet.
IHG released 1Q2012 results in May so 2Q won't be out for a while. 1Q showed a 7% increase vs 6.8% for Marriott.
Wyndham will report 2Q on 25 July. 1Q showed a 9% domestic RevPAR gain and 7% systemwide.
Choice Hotels reported a 1Q domestic RevPAR growth of 8.6%; no systemwide RevPAR listed.
Going off of 1Q data, Marriott was near the bottom of the pack as far as RevPAR growth, beaten by Hyatt, IHG, Wyndham, and Choice. However, they beat Starwood in RevPAR growth for 1Q.