Topic: First-Quarter Earnings
Net rooms growth was at 5.3 percent and RevPAR was up 1.1 percent, but net income fell from $420 million to $375 million year over year in the first quarter.
Net income attributable to Hyatt was $63 million in Q1 compared to $411 million in Q1 2018, a drop of 84.6%.
Hilton released its first-quarter results Wednesday, touting a 12 percent rise in adjusted earnings before interest, tax, depreciation and amortization.
Marriott International reported its first-quarter numbers, which showed RevPAR growth and new signings skewing outside North America.
Hilton is capitalizing on a strong Q1 2018 performance to experiment with customer-centric pricing this summer, while driving its international development efforts into high gear.
While Premier Inn reported a low total sales increase, LFL sales gained a major boost.
The Spanish hotel company will add eight hotels to its portfolio on the island under the Meliá, Sol by Meliá and Innside by Meliá flags.
Marriott's Q1 was highlighted by a 3.1-percent uptick in RevPAR, stronger corporate travel and further Starwood synergy.
Solomons joined IHG 25 years ago and has held the CEO position for the last six years.
Choice added some 1.1 million new loyalty members in the first quarter.