GLOBAL HOTEL ALLIANCE Q3 PERFORMANCE PEAKS ACROSS THE BOARD;

 REMAINS ON TRACK FOR A RECORD YEAR FOR REVENUE

UAE among the top 5 countries to deliver highest room revenue in 2023 YTD

·       2023 revenue, room nights and total stays now all higher than 2019 year to date (YTD)

·       Total revenue doubled YTD compared to 2022 and hits US$1.7 billion

·       Q3 revenues up 41% versus Q3 2022, and room nights up 31%

·       GHA DISCOVERY hits 25 million members in loyalty programme milestone

·       Cross-brand revenues pick up 55% to $79 million in Q3 compared to Q3 2022

·       DISCOVERY Dollars (D$) redemptions rocket 90% compared to Q3 2022

Dubai, UAE, 23^rd October 2023: UAE-headquartered Global Hotel Alliance (GHA), the world’s largest alliance of independent hotel brands, with 800 hotels across 40 brands in 100 countries, is on track for a record year, with 2023 room revenues, room nights and total domestic and international stays year-to-date (YTD) all consistently higher than its previous best year, 2019.

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