{"id":1596,"date":"2019-05-15T11:39:41","date_gmt":"2019-05-15T11:39:41","guid":{"rendered":"http:\/\/blog.advhtech.com\/?p=1596"},"modified":"2025-09-15T10:45:03","modified_gmt":"2025-09-15T10:45:03","slug":"la-quinta-by-wyndham-shines-in-q1-2019-performance","status":"publish","type":"post","link":"https:\/\/advhtech.com\/blog\/la-quinta-by-wyndham-shines-in-q1-2019-performance\/","title":{"rendered":"La Quinta by Wyndham Shines in Q1 2019 Performance"},"content":{"rendered":"\n

Wyndham released the official performance numbers for the first quarter of 2019. The March 31st report had some amazing highlights for the recently acquired La Quinta Hotels & Resorts. Some of the major milestones include year over year growth for the Wyndham Hotels & Resorts from La Quinta assets with a significant increase in both revenue and EBITDA.
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\u201cOur first quarter results were consistent with our expectations and included double-digit growth in adjusted EBITDA despite our decision to incur a higher proportion of our 2019 marketing expenses in the early part of the year.\u201d<\/strong><\/p>\n\n\n\n

Geoffrey A. Ballotti – CEO Wyndham Group <\/em><\/p>\n\n\n\n

In what was a brilliant first quarter for La Quinta Hotels & resorts, compared to 2018 Wyndham\u2019s revenues grew by a remarkable $468 million, recording 55% growth over the past year. Net income also surpassed expectations courtesy La Quinta\u2019s massive brand equity, with $21 million recorded at the end of Q1.
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Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) were also comparably better by 21% than 2018, increasing to $111. Following is a summary<\/a> of some more brilliant La Quinta\u2019s Q1 performance metrics:   
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