FINANCIAL RESULTS / TRAFFIC RESULTS/ M&A

Global Hotel Alliance reports 4Q22 and FY2022: room revenue and nights all exceed pre-pandemic levels in 4Q

UAE-headquartered Global Hotel Alliance, the world’s largest alliance of 40 independent hotels brands, has reported robust 2022 results, with every performance indicator exceeding 2019 levels by Q4 – an indication of travel’s full post-pandemic recovery. Room revenue generated by the 23 million global members of the GHA DISCOVERY loyalty programme…