Wyndham Hotel Group revenues hit US $334 million in Q2 2015, marking an 18% increase year-on-year.
RevPAR also increase 2.5% for the hotel operator; however, while domestic RevPAR was up 4.5%, international RevPAR declined 1.2%.
Adjusted EBITDA for the second quarter of 2015 was $97 million, an 11% increase compared with the second quarter of 2014.
As of June 30, 2015 Wyndham Hotel Group’s portfolio comprised 7700 properties and more than 668,500 rooms – a 2.8% increase compared to Q2 2014.
The group’s development pipeline includes 895 hotels and approximately 116,800 rooms, of which 61% are international, and 66% will be new construction.
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Additionally, Wyndham Worldwide as a whole reported US $1.4 billion in revenue, a 4% increase compared to the second quarter of 2014.
In constant currency, revenues increased 8%, reflecting growth across all the company's business segments, the group’s earnings report said.
Adjusted net income for the group was $159 million, compared with $150 million in 2014, while reported net income for the second quarter of 2015 was $159 million, compared with $153 million during the same time last year.
Commenting on the performance, Wyndham Worldwide chairman and CEO Stephen P. Holmes said: “We delivered strong results in the second quarter. We're seeing good momentum across the company.
“Our Wyndham Rewards programme re-launch is off to a great start, rental bookings are strong in the US and in Europe, and sales are up in Wyndham Vacation Ownership. We're well positioned to benefit from improving economies and emerging trends in leisure travel. We expect this to drive continued growth going forward."
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