Hyatt just hired an outsider from the food services industry to lead its most ambitious growth market, and the gap between the press release and the math should make every owner paying attention a little nervous.
Choice Hotels reports record EBITDA and projects... more of the same. When your own analysts have a "reduce" consensus and your growth guidance barely moves the needle, the real question isn't what Q1 looks like. It's whether your franchisees are getting enough back for what they're putting in.
IHG has 46 hotels open and 60 more in the pipeline across Saudi Arabia, with plans to double past 200 properties in the next decade. The Ramadan campaign is the glossy part... the operational math underneath it is where things get interesting for anyone paying attention to where global development dollars are actually flowing.
