The Baird/STR Hotel Stock Index dropped 5.8% in May to a level of 5,584. Year to date through the first five months of 2022, the stock index has decreased 2.8%.
Net income attributable to Vail Resorts, Inc. was $372.6 million for the third fiscal quarter of 2022 compared to net income attributable to Vail Resorts, Inc. of $274.6 million in the same period in the prior year. The increase is primarily due to the greater impact of COVID-19 and related limitations and restrictions on results in the prior year.
Selina Reports First Quarter 2022 Performance
System-wide RevPAR Accelerates in May; Future Bookings Continue to Strengthen
Net loss attributable to Huazhu Group Limited was RMB630 million (US$99 million) for the first quarter of 2022, compared with RMB248 million for the first quarter of 2021 and RMB459 million in the previous quarter.
NexPoint Hospitality Trust (TSX-V: NHT.U) announced the release of NHT's financial results for the three months ended March 31, 2022. All amounts are expressed in U.S. dollars.
Total revenue increased to approximately $38.4 million for the three months ended March 31, 2022 from approximately $22.6 million during the comparable period in 2021. Total revenue for the three months ended March 31, 2022 was 19.1% below total revenue of approximately $47.4 million during the comparable 2019 period.
Revenue increase of 32.2% to $61.8 million in Q1 2022 compared to $46.7 million in the same period of 2021 – Income from operating activities of $6.7 million for the quarter was higher than the $3.6 million for the same quarter in 2021
Operating revenues were $953.3 million for the first quarter of 2022, an increase of $216.7 million, from $736.7 million for the first quarter of 2021.
Hyatt Reports First Quarter 2022 Results