Wyndham Hotels records net income of $50m in Q4 2023
Net revenue in Q4 2023 saw a decline of 2.90%, reaching $321m compared with $334m in Q4 2022.
15 February 2024
15 February 2024
Net revenue in Q4 2023 saw a decline of 2.90%, reaching $321m compared with $334m in Q4 2022.
The Radisson RED Phnom Penh and the Radisson Blu Hotel & Residences will be developed by Prince Real Estate Group.
Total revenue in Q4 2023 reached $6.09bn, up 2.9% from $5.92bn in Q4 2022.
Mews' property management system (PMS) will allow the hotel operator to swiftly roll out new properties and implement technology quickly following acquisitions.
The contract for the 16-storey hotel has been awarded to a joint venture (JV) between SAUDICO and ALEC FITOUT.
The aparthotel is located in Glasgow’s city centre in an Edwardian building on St Vincent Place.
The group’s revenue increased 15% to €4.3bn in Q1 FY 2024 from €3.7bn in the prior year.
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