Generator and Freehand Hotels announce record-breaking first half of 2024 numbers

LONDON, UNITED KINGDOM – Leading hybrid accommodation brand, Generator, and its standout collection of design-forward lifestyle hotels, Freehand Hotels, have reported a record EBITDA for the first half of 2024 of $42.2 million, an 18% increase versus the same time last year. Results were driven by strong revenue growth of 10% and tight cost management, brushing aside any inflationary challenges.

Year-end outlook continues to be extremely strong with the company targeting a full year 2024 EBITDA of $95.8m...