Generator Group, which owns or runs 21 hotels, gave a financial update on Monday that underscored the post-pandemic boom in travel.
London-based Generator Group forecasted that it's on track to produce revenues of about $238 million (€225 million) this year — which would represent a 25% jump over the company's revenue in the pre-pandemic yea
Generator Group, which operates 21 hotels, anticipates a 50% increase in earnings and a 25% revenue growth compared to 2019, highlighting strong post-pandemic travel demand. Purchased by Queensgate Investments in 2017, Generator expanded by acquiring Freehand Hotels in 2019. The company plans further global expansion with 10 new sites using an asset-light model, including a new location in Bangkok.
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