Execs point to promising progress in business, leisure travel
Encouraged by full-year and fourth-quarter results, hotel brands are expecting this year to show steady growth.On their year-end and fourth-quarter 2024 earnings calls, hotel brand executives seemed optimistic about how 2025 is looking, crediting growth in the leisure and business travel sectors, new constructions coming online and more.
For more on what these brand execs had to say, read below:
Marriott International
Marriott International expects comparable systemwide constant-dollar revenue per available room growth of 3% to 4% year over year for the first quarter of 2025 and 2% to 4% for the full year. It projects net rooms growth of 4% to 5% for year-end 2025. It expects adjusted earnings before interest, taxes, depreciation and amortization of $1.17 billion to $1.19 billion for the first quarter and $5.29 billion to $5.43 billion for the full year...
RSK: Thye hotel bracket of the Hospitality Sector is looking for another good year.
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- - Volume: 25 - WEEK: 12 Date: 3/18/2025 1:11:35 PM -