Hotel Brands
Hyatt Q1 EBITDA hits $268m
A record level of total management, franchise, licence, and other fees of $231m were generated in the first quarter of 2023, up 50% compared to the prior first quarter
Hyatt has revealed that adjusted EBITDA reached $268m (£212.5m) in Q1 2023, compared with $169m (£134m) in the first quarter of 2022, as the group’s franchise contracts reached approximately 117,000 rooms.
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