Hoseasons’ parent Wyndham Worldwide reported a higher-than-expected first-quarter profit and raised its outlook for the year.
The result was helped by stronger-than-expected demand in its lodging business.
The US owner of brands as Howard Johnson and Super 8 posted a $72 million profit, up from $50 million a year earlier.
Analysts suggested the company was helped by rising demand from budget travellers.
Wyndham’s revenue increased 7.4% to $952 million, including a 3% rise in the lodging segment.
Wyndham’s timeshare business accounts for almost half of its revenue.
Chairman and chief executive Stephen Holmes said: “We delivered strong operating performance across all our businesses and are confident in the sustainability of our growth and cash flow.”