Wyndham earnings: Wyndham Worldwide Corp.’s fourth-quarter revenues were US$1.2 billion, an increase of 3% from Q4 2013. Wyndham’s adjusted net income was US$112 million, or US$0.90 per diluted share, compared with US$96 million, or US$0.73 per diluted share for the same period in 2013.
Minor to develop in Malaysia: Minor Hotel Group and Destination Resorts & Hotels will develop an Anantara resort and residences in Malaysia. Under the collaboration agreement, both parties will identify a location for the property.
Preferred 2014 revenue: Preferred Hotel Group on Tuesday announced it generated US$882 million in reservations revenue on behalf of its member hotels in 2014 and welcomed 108 new properties. Compared to 2013, the company’s booking conversion rate was up 11% and, combined with more visitors viewing the websites, the company achieved a 26% increase in bookings and a 30% increase in reservations revenue produced on behalf of its member hotels.
HotelsByDay provides instant booking: HotelsByDay is now available for Android and iPhone, providing users with the ability to find and instantly book same-day hotels in New York City, Chicago, Philadelphia and Washington, D.C. Hotels in Los Angeles, Miami, Fort Lauderdale and Atlanta will become available in March.
Read more at HotelsByDay’s website
MC Hotel coming to Montclair: The Pinnacle Companies announced a joint venture with The Hampshire Companies to develop The MC Hotel in Montclair, New Jersey. The 148-room boutique hotel is scheduled to break ground this spring.