Latest news with #EMEA
Zawya
2 hours ago
- Business
- Zawya
Wyndham surpasses 700 hotels across EMEA, as growth accelerates
Dubai, United Arab Emirates: Wyndham Hotels & Resorts has marked significant growth in its EMEA footprint, with more than 720 hotels now operating across Europe, the Middle East, Eurasia, and Africa. In the first half of 2025 alone, the company added over 4,700 rooms through more than 60 new hotel openings, driving year-over-year organic system growth of 5% in EMEA, alongside 27 new deal signings in the region, reinforcing its focus on high-growth markets and expanding access to quality, branded accommodations to travellers across the region. Standout additions include the Dolce by Wyndham Siracusa, Monasteri Golf and Spa in Sicily and the Signature Cave Cappadocia, Trademark Collection by Wyndham in Türkiye; offering distinctive stays in one the region's most captivating destinations. Wyndham also opened new destinations across Eastern Europe and Central Asia, with launches in Georgia, Romania, and Kazakhstan, and accelerated its momentum in Eurasia with 21 new openings in the first half of the year, expanding the regional portfolio to over 90 hotels - primarily located in India, one of the world's most dynamic and fastest-growing hospitality markets. Wyndham's strategic development partnerships also played a key role in driving brand growth, bringing its globally recognized Super 8® by Wyndham brand to two high-demand markets: the Kingdom of Saudi Arabia and Iberia. 'With more than 720 hotels now open across EMEA, we're seeing incredible momentum. Travel is thriving and we're meeting that demand with a growing portfolio that reflects the energy and diversity of this region. From stunning resorts in Sicily to one-of-a-kind cave stays in Cappadocia, we're adding experiences that truly inspire. And with new signings in markets like Iberia and Saudi Arabia, we're not just growing - we're creating new opportunities for our partners and giving travellers even more great places to stay across the region.' Dimitris Manikis, President EMEA, Wyndham Hotels & Resorts This regional growth contributed to 4% year-over-year global organic net room growth and Wyndham's 20th consecutive quarter of sequential developmental pipeline growth, reaching a record 255,000 rooms. Wyndham's EMEA region also delivered robust constant currency RevPAR growth of 7%. Backed by its Owner First™ approach to franchising, Wyndham's continued expansion highlights the strength of its reputation and its long-term commitment to the success of franchisees and owners. Highlights from H1 2025 include: Continued expansion in Türkiye, where Wyndham is the largest hotel group, is now home to over 125 Wyndham-branded hotels, including landmark additions such as Cappadocia Cave Hotel by Wyndham, Wyndham Tarsus St. Paul and Wyndham Alanya. Robust development in Eurasia with 21 new hotel openings in the first half of the year, including Ramada Encore By Wyndham Lucknow Airport, Ramada by Wyndham Cox's Bazar Kolatoli Beach and Wyndham Garden Jim Corbett Chhoi. Strategic growth across Europe, reinforcing Wyndham's strong and established presence in key markets such as Germany, Greece, Portugal, Italy and Denmark, with further openings expected this year – a clear reflection of Europe's continued popularity with travellers. New destinations in Eastern Europe include the introduction of new brands such as La Quinta By Wyndham Batumi into Georgia and the addition of unique locations such as Tor're Astana, Trademark Collection and Wyndham Residences Aqkol in Kazakhstan. Landmark deals to bring Super 8® by Wyndham brand Saudi Arabia and Iberia, with plans for 100 hotels in the Kingdom and 40 across Spain and Portugal over the next decade - meeting the accelerating demand for trusted, value-driven accommodations in these dynamic markets. Wyndham's continued growth in EMEA is powered by Wyndham Advantage; a suite of industry-leading marketing, distribution, and technology solutions to help hotel owners succeed. These include nearly $350 million invested in digital transformation over six years and access to a growing base of approximately 120 million Wyndham Rewards® members worldwide. For more information, including development opportunities, visit: -Ends- About Wyndham Hotels & Resorts Wyndham Hotels & Resorts (NYSE: WH) is the world's largest hotel franchising company by the number of franchised properties, with approximately 8,300 hotels across approximately 100 countries on six continents. Through its network of approximately 847,000 rooms appealing to the everyday traveler, Wyndham commands a leading presence in the economy and midscale segments of the lodging industry. The Company operates a portfolio of 25 hotel brands, including Super 8®, Days Inn®, Ramada®, Microtel®, La Quinta®, Baymont®, Wingate®, AmericInn®, ECHO Suites®, Registry Collection Hotels®, Trademark Collection® and Wyndham®. The Company's award-winning Wyndham Rewards loyalty program offers approximately 120 million enrolled members the opportunity to redeem points at thousands of hotels, vacation club resorts and vacation rentals globally. For more information, visit The Company may use its website and social media channels as means of disclosing material non-public information and for complying with its disclosure obligations under Regulation FD. Disclosures of this nature will be included on the Company's website in the Investors section, which can currently be accessed at or on the Company's social media channels, including the Company's LinkedIn account which can currently be accessed at Accordingly, investors should monitor this section of the Company's website and the Company's social media channels in addition to following the Company's press releases, filings submitted with the Securities and Exchange Commission and any public conference calls or webcasts. Forward-Looking Statements This press release contains 'forward-looking statements' within the meaning of the federal securities laws, including statements related to Wyndham's current views and expectations with respect to its future performance and operations, including revenues, earnings, cash flow and other financial and operating measures, share repurchases and dividends and restructuring charges. Forward-looking statements are any statements other than statements of historical fact, including those that convey management's expectations as to the future based on plans, estimates and projections at the time Wyndham makes the statements and may be identified by words such as 'will,' 'expect,' 'believe,' 'plan,' 'anticipate,' 'predict,' 'intend,' 'goal,' 'future,' 'forward,' 'remain,' 'confident,' 'outlook,' 'guidance,' 'target,' 'objective,' 'estimate,' 'projection' and similar words or expressions, including the negative version of such words and expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause the actual results, performance or achievements of Wyndham to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. Factors that could cause actual results to differ materially from those in the forward-looking statements include, without limitation, general economic conditions, including inflation, higher interest rates and potential recessionary pressures, which may impact decisions by consumers and businesses to use travel accommodations; global trade disputes, including with China; the performance of the financial and credit markets; the economic environment for the hospitality industry; operating risks associated with the hotel franchising business; Wyndham's relationships with franchisees; the impact of war, terrorist activity, political instability or political strife, including the ongoing conflicts between Russia and Ukraine and conflicts in the Middle East, respectively; global or regional health crises or pandemics including the resulting impact on Wyndham's business, operations, financial results, cash flows and liquidity, as well as the impact on its franchisees, guests and team members, the hospitality industry and overall demand for and restrictions on travel; Wyndham's ability to satisfy obligations and agreements under its outstanding indebtedness, including the payment of principal and interest and compliance with the covenants thereunder; risks related to Wyndham's ability to obtain financing and the terms of such financing, including access to liquidity and capital; and Wyndham's ability to make or pay, plans for and the timing and amount of any future share repurchases and/or dividends, as well as the risks described in Wyndham's most recent Annual Report on Form 10-K filed with the Securities and Exchange Commission and any subsequent reports filed with the Securities and Exchange Commission. These risks and uncertainties are not the only ones Wyndham may face and additional risks may arise or become material in the future. Wyndham undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, subsequent events or otherwise, except as required by law. Media Contact For more information, please contact The Alto Agency | Wyndham@
Yahoo
5 hours ago
- Business
- Yahoo
Align Technology Inc (ALGN) Q2 2025 Earnings Call Highlights: Navigating Economic Uncertainty ...
Total Revenue: $1,012.4 million, up 3.4% sequentially, down 1.6% year-over-year. Clear Aligner Revenue: $804.6 million, up 1% sequentially, down 3.3% year-over-year. Systems & Services Revenue: $207.8 million, up 13.9% sequentially, up 5.6% year-over-year. Gross Margin: 69.9%, up 0.5 points sequentially, down 0.3 points year-over-year. Operating Margin: 16.1%, up 2.7 points sequentially, up 1.7 points year-over-year. Net Income per Diluted Share: $1.72, up $0.45 sequentially, up $0.43 year-over-year. Cash and Cash Equivalents: $901.2 million, up $28.1 million sequentially, up $139.7 million year-over-year. Free Cash Flow: $107.2 million. Operating Expenses: $545.1 million, down 0.7% sequentially, down 5.3% year-over-year. Clear Aligner Volume: Slight sequential and year-over-year increase, with growth in APAC and EMEA regions. Teen and Kids Case Starts: Over 223,000, a 1.1% sequential decline, 3% year-over-year increase. Stock Repurchase: Approximately 585,100 shares repurchased at an average price of $164.14 per share. Warning! GuruFocus has detected 4 Warning Signs with ALGN. Release Date: July 30, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Positive Points Align Technology Inc (NASDAQ:ALGN) reported solid year-over-year revenue growth for systems and services, driven by stronger-than-expected sales of iTero Lumina Scanner upgrades. The company achieved a record number of doctors shipped to for the second quarter, indicating strong engagement with healthcare professionals. Invisalign First and other noncomprehensive clear aligner products showed strong year-over-year growth, particularly in the APAC and EMEA regions. Align Technology Inc (NASDAQ:ALGN) reported a record number of teen cases for the second quarter, with over 6 million teens and kids treated globally with the Invisalign system. The company is actively investing in next-generation technology and treatment platforms to meet patient expectations and expand its addressable market. Negative Points Total Q2 revenues and operating margins were below the company's Q2 outlook, with a slight year-over-year decrease in clear aligners revenues. Align Technology Inc (NASDAQ:ALGN) experienced uneven patient case conversion, leading to a lower than typical seasonal uptick in case starts. Economic uncertainty and spending hesitancy impacted demand for clear aligners and new iTero Scanning Systems. The company is planning restructuring actions in the second half of 2025, including workforce reductions and optimization of manufacturing footprint, incurring onetime charges of approximately $150 million to $170 million. Align Technology Inc (NASDAQ:ALGN) anticipates continued economic uncertainty and spending hesitancy, which may impact future demand and financial performance. Q & A Highlights Q: Can you discuss the trends in case conversion throughout the quarter and any strategies to address the shift towards brackets and wires? A: Joseph Hogan, President and CEO: The quarter started normally, but June did not meet expectations, impacting year-over-year growth. Orthodontists not fully committed to digital solutions sometimes revert to wires and brackets due to inventory and profitability concerns. We assist doctors in transitioning to digital treatments and offer support to patients seeking digital solutions. Q: The implied Q4 revenue growth seems high compared to historical averages. Can you explain the expected sequential growth from Q3 to Q4? A: John Morici, CFO: We anticipate sequential growth in Systems & Services, driven by new scanner sales and efforts to boost conversion rates, particularly with teens and adults. Products like Invisalign First and mandibular advancement are expected to contribute to this growth. Q: What happened in late Q2, and how have trends been in July? Were conversion issues more prominent in certain markets? A: Joseph Hogan, President and CEO: The lack of expected uptake was primarily in North America and parts of Europe, like France and Germany. Patients are concerned about affordability, impacting conversion rates. Interest in our brand remains high, but conversion from interest to treatment has been challenging. Q: How are you addressing the pressure on practice profitability and the shift to brackets and wires? A: Joseph Hogan, President and CEO: DSOs and larger practices are more resilient, offering financing solutions and marketing programs to encourage treatment. Individual practices face challenges, but patient interest remains strong. The focus is on supporting practices to convert interest into treatment. Q: Can you provide details on the restructuring actions and their impact on manufacturing? A: Joseph Hogan, President and CEO: We are internationalizing production to reduce transportation costs and improve efficiency. This involves updating facilities with current technology and retiring less productive assets. These changes will create capacity for future advancements like direct printing. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus. Sign in to access your portfolio
Zawya
6 hours ago
- Business
- Zawya
Cushman & Wakefield Announces Key Appointments Across Combined APAC & EMEA Business
HONG KONG SAR - Media OutReach Newswire - 31 July 2025 - Cushman & Wakefield haselevated three senior leaders to newly-created positions in its combined APAC & EMEA business. The two regions were brought together in May under the leadership of Matthew Bouw, who has established an operating model to drive innovation and value for clients and support growth across the business. Matthew Bouw, Chief Executive, APAC & EMEA, Cushman & Wakefield, said:"The process to determine the optimal operating model for delivering our growth agenda has only reinforced the complementary strengths of the two regions and my excitement about the opportunity in front of us. Central to our thinking has been ensuring we enable exceptional advice and execution on the front line by bringing the best of Cushman & Wakefield globally to our local markets. It is a pleasure to elevate these outstanding leaders from across our combined business into roles where they can have the greatest impact." James Young is promoted to President – Markets, APAC & EMEA, a new role with ultimate responsibility for specific service lines spanning different geographies, including capital markets, leasing, tenant representation, and asset services, as well as sectors including offices, retail, logistics & industrial and living. Young has been with the firm 35 years, holding a variety of leadership roles across both regions. Tom Gibson is appointed President – Project & Development Services and Sustainability, APAC & EMEA. Gibson will be responsible for Project & Development Services and Sustainability Services across the combined business, leveraging the depth and quality of the firm's specialist expertise across both regions to enhance its support for clients. His expanded role also includes continued responsibility for the fast-growing data centres asset class. Emma Rossetti expands her role to Head of Operations, APAC & EMEA. She will be responsible for simplifying business processes, improving efficiency, and driving economies of scale, allowing frontline leaders to focus more time on clients and revenue growth. Bouw added:"James, Tom and Emma and are proven leaders who will be integral to our success across both regions as we move forwards together into our next chapter of growth." Hashtag: #Cushman&Wakefield The issuer is solely responsible for the content of this announcement. Cushman & Wakefield Cushman & Wakefield (NYSE: CWK) is a leading global commercial real estate services firm for property owners and occupiers with approximately 52,000 employees in nearly 400 offices and 60 countries. In Greater China, a network of 23 offices serves local markets across the region. In 2024, the firm reported revenue of $9.4 billion across its core services of Valuation, Consulting, Project & Development Services, Capital Markets, Project & Occupier Services, Industrial & Logistics, Retail, and others. Built around the belief that Better never settles, the firm receives numerous industry and business accolades for its award-winning culture. For additional information, visit or follow us on LinkedIn ( Cushman & Wakefield
Malay Mail
7 hours ago
- Business
- Malay Mail
Cushman & Wakefield Announces Key Appointments Across Combined APAC & EMEA Business
HONG KONG SAR - Media OutReach Newswire - 31 July 2025 - Cushman & Wakefield haselevated three senior leaders to newly-created positions in its combined APAC & EMEA two regions were brought together in May under the leadership of Matthew Bouw, who has established an operating model to drive innovation and value for clients and support growth across the promoted to, a new role with ultimate responsibility for specific service lines spanning different geographies, including capital markets, leasing, tenant representation, and asset services, as well as sectors including offices, retail, logistics & industrial and living. Young has been with the firm 35 years, holding a variety of leadership roles across both appointed. Gibson will be responsible for Project & Development Services and Sustainability Services across the combined business, leveraging the depth and quality of the firm's specialist expertise across both regions to enhance its support for clients. His expanded role also includes continued responsibility for the fast-growing data centres asset her role to. She will be responsible for simplifying business processes, improving efficiency, and driving economies of scale, allowing frontline leaders to focus more time on clients and revenue added:Hashtag: #Cushman&Wakefield The issuer is solely responsible for the content of this announcement. Cushman & Wakefield Cushman & Wakefield (NYSE: CWK) is a leading global commercial real estate services firm for property owners and occupiers with approximately 52,000 employees in nearly 400 offices and 60 countries. In Greater China, a network of 23 offices serves local markets across the region. In 2024, the firm reported revenue of $9.4 billion across its core services of Valuation, Consulting, Project & Development Services, Capital Markets, Project & Occupier Services, Industrial & Logistics, Retail, and others. Built around the belief that Better never settles, the firm receives numerous industry and business accolades for its award-winning culture. For additional information, visit or follow us on LinkedIn (
Motor 1
12 hours ago
- Automotive
- Motor 1
Lamborghini Is Selling More Cars Than Ever. But It's Not All Good News
Lamborghini released financial results for the first half of 2025 on Wednesday, revealing record sales for the period. But it's not all good news in Sant'Agata Bolognese. Revenue remained flat year-over-year, while operating profit fell by nearly 5 percent. The Italian carmaker says the drop is "primarily due to the unfavorable exchange rate trends in the last quarter," though if we had to guess, tariffs imposed by US President Donald Trump were likely also a factor. "The results from the first six months of 2025 are solid despite global economic and political instability, confirming that the decision to hybridize the entire range was the right one," CEO Stephan Winkelmann said in a statement. Lamborghini delivered 5,681 cars in the first six months of 2025, an increase of over 2 percent compared to the same period last year. The combined regions of Europe, the Middle East, and Africa led the way, with 2,708 units sold. They were followed by the Americas, with 1,732 units sold. The Asia-Pacific region pulled in 1,241 sales. Winkelmann attributes the strong sales to the company's two latest models, the V-12-powered Revuelto flagship and the large-volume Urus SE utility vehicle. "The success of the Revuelto and Urus SE demonstrates that our vision is shared by our customers, and we now look forward to the market launch of the Temerario, which will complete the first fully hybrid range in the segment," he said. Lamborghini Urus SE While sales increased, operating profit dropped by around 27 million euros ($31 million) year-over-year, to 431 million euros. Profitability remained high, however, dropping only slightly, from 28.2 percent to 26.6 percent. 'In the current macroeconomic and geopolitical context, the financial and business performance of the first half of 2025 demonstrates the resilience we have built over the years, and confirms once again the brand's positioning among the leading players in the luxury sector," CFO Paolo Poma said in a statement. While it's impossible to tell where the future will take Lamborghini, we don't suspect its growth to subside any time soon. The company's Huracán replacement, the Temerario , is set to begin deliveries any day now, which should bolster sales going into the second half of the year—tariffs be damned. Beyond that, things are less clear. Earlier this month, Lamborghini walked back previous plans to introduce an all-electric Urus. Now, that car, set to be introduced in 2029, will be a hybrid instead. Last week, Winkelmann suggested the company's first EV, based on the Lanzador concept, might end up not being an EV at all , but rather another hybrid. Considering how well the hybrid thing is going for Lamborghini right now, those might not be bad decisions. Only time will tell. More on Lamborghini Lamborghini Hints at a Rear-Wheel-Drive Temerario: 'A Different Kind of Hybridization' Mamma Mia! This Is the World's First Street-Legal Lamborghini Sesto Elemento Get the best news, reviews, columns, and more delivered straight to your inbox, daily. back Sign up For more information, read our Privacy Policy and Terms of Use . Share this Story Facebook X LinkedIn Flipboard Reddit WhatsApp E-Mail Got a tip for us? Email: tips@ Join the conversation ( )
