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By Author
Published on March 4, 2024
In a significant move to bolster its presence in the leisure sector, Chalet Hotels Limited (CHL) has finalized the acquisition of Courtyard by Marriott Aravali Resort, NCR (CYMA), a sprawling 158-room resort spread across 14 acres of land. This strategic acquisition, valued at ₹315 crore, marks a pivotal step in CHL's growth trajectory, aligning with its vision to tap into emerging opportunities in the leisure space.
Since its inauguration in June 2022, CYMA has emerged as the preferred choice for leisure travelers, MICE events, and destination weddings. Conveniently located within 1.5 hours from New Delhi, Gurgaon, and Noida, the resort offers easy access to the bustling Indira Gandhi International Airport, New Delhi.
Featuring an array of dining options, recreational facilities, and entertainment offerings, CYMA promises an immersive experience for guests of all ages. From all-day dining to adrenaline-pumping activities like ziplining and quad biking, the resort caters to diverse interests and preferences.
Sanjay Sethi, MD & CEO of Chalet Hotels Limited, expressed enthusiasm about the acquisition, highlighting its strategic significance in expanding CHL's foothold in the leisure segment. He emphasized the company's commitment to capitalizing on emerging opportunities and cementing its position as a frontrunner in the industry.
Despite fluctuations in share prices, CHL remains steadfast in its pursuit of growth and excellence, with a keen focus on enhancing shareholder value and delivering exceptional experiences to guests.
The acquisition of Courtyard by Marriott Aravali Resort reflects CHL's long-term vision and commitment to driving sustainable growth in the hospitality sector. With a portfolio boasting collaborations with leading operators like Marriott, Hyatt, and Taj, CHL is poised to redefine the hospitality landscape and set new benchmarks for excellence in the years to come.
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By Hariharan U
Published on October 27, 2025
Wyndham Hotels & Resorts reported its Q3 2025 financial results, showing steady growth across operations and financial metrics. Global system-wide rooms increased 4% year-on-year to 855,400, including 503,400 in the U.S. and 352,000 internationally, while the company awarded 204 new development contracts, up 24% from Q3 2024. The global development pipeline grew 4% to 257,000 rooms, with roughly 70% in midscale and above segments and 58% internationally.
Ancillary revenues rose 18% compared to the same period last year. Net income climbed 3% to $105 million, and adjusted net income reached $112 million, with diluted EPS increasing 5% to $1.36 and adjusted diluted EPS up 5% to $1.46. Adjusted EBITDA grew 2% to $213 million, while global RevPAR declined 5% in constant currency, mainly due to softer results in Asia Pacific and Latin America, partially offset by gains in EMEA and Canada.
Wyndham generated $86 million in net cash from operating activities and $97 million in free cash flow, ending the quarter with $70 million in cash and total liquidity of about $540 million, maintaining a net debt leverage ratio of 3.5x. In October 2025, the company refinanced its $750 million revolving credit facility, extending maturity to 2030, increasing capacity to $1 billion, and reducing borrowing costs by 35 basis points. Shareholder returns included the repurchase of 830,000 shares for $70 million in Q3 and year-to-date buybacks of 2.5 million shares for $223 million, alongside $31 million in dividends.
Looking ahead, Wyndham expects full-year global room growth of 4–4.6%, global RevPAR change of -3% to -2%, fee-related revenues of $1.43–$1.45 billion, adjusted EBITDA of $715–$725 million, adjusted net income of $347–$358 million, and adjusted diluted EPS of $4.48–$4.62, while maintaining a focus on portfolio expansion, strengthening its development pipeline, and delivering consistent shareholder value amid evolving industry conditions.
By Manu Vardhan Kannan
Published on October 26, 2025
Alaska Air Group reported strong financial results for the third quarter of 2025, posting a GAAP net income of $73 million and adjusted earnings per share of $1.05. The airline’s growth is being fueled by new nonstop routes from Seattle to London and Reykjavik, set to launch in May 2026, and the introduction of the Atmos Rewards loyalty program, which exceeded premium credit card sign-up expectations.
In a major technological upgrade, Alaska Air is installing Starlink high-speed Wi-Fi across its fleet, offering complimentary access to Atmos Rewards members. The company is also progressing with the integration of Hawaiian Airlines and advancing its Alaska Accelerate strategy, aiming for significant growth and profitability by 2027.
Analysts have assigned a Hold rating on ALK stock with a $49.00 price target, citing strong financial recovery but noting bearish technical indicators and increased leverage as potential risks. The airline continues to focus on expanding its global reach and enhancing customer loyalty through strategic partnerships and its Atmos Rewards program.
Published on September 14, 2025
Royal Caribbean Group (NYSE: RCL) has announced a significant increase in its shareholder returns, declaring a 33% hike in its quarterly dividend. The company’s Board of Directors approved a dividend of $1.00 per common share, payable on October 13, 2025, to shareholders of record at the close of business on September 25, 2025.
Jason Liberty, President and CEO of Royal Caribbean Group, said the move underscores the company’s confidence in its performance and long-term growth strategy. “Today’s dividend increase reflects both the strength of our performance and our commitment to return capital to shareholders. This increase in dividend, along with our ongoing share repurchase program, highlights our balanced approach to capital allocation, returning value to shareholders while funding future growth,” Liberty stated.
Royal Caribbean Group is a global leader in the vacation industry, operating a fleet of 68 ships across five brands that serve millions of guests annually. Its portfolio includes Royal Caribbean International, Celebrity Cruises, and Silversea, as well as land-based experiences such as Perfect Day at CocoCay and the Royal Beach Club collection. The company also holds a 50% joint venture in TUI Cruises, which manages brands like Mein Schiff and Hapag-Lloyd Cruises.
With a reputation for innovation and guest-focused experiences, Royal Caribbean Group continues to expand its global footprint while maintaining its commitment to responsible and sustainable growth.
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