HotelREZ reports 18.6% revenue growth and expands luxury hotel segment
📈 HotelREZ Hotels and Resorts experienced an 18.6% revenue increase, with its independent hotel platform expanding to over 2,500 properties globally, representing 222,500 rooms. The global RevPAR improved by 9.8%, driven by ADR and occupancy gains. Around 56% of properties use the core service suite. The Elegant Hotel Collection now includes 350 luxury properties. The company maintains a portfolio retention rate over 90%. New leadership roles are added to support expansion across Europe, the Americas, and Asia Pacific.
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