Lodging
The average daily rate at Wyndham Hotel Group properties increased 0.7 percent year over year to $66.15 during the first quarter,
the company reported on Thursday. ADR increased at 10 of Wyndham's 14 brands reporting results, most significantly at the extended-stay Hawthorn Suites brand (up 7.8 percent to $76.01). ADR declined at the Wyndham, Tryp, Super 8 and Travelodge brands. Wyndham's overall occupancy increased by 1.5 percentage points to 48.8 percent. First-quarter net income for parent company Wyndham Worldwide was $90 million, up from $27 million in the first quarter of 2013.