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      "text": "1. Sustained Q1 25 RevPAR growth +5.0% L/L vs. Q1 24 driven by geographical and segment diversification\n2. Net Unit Growth at +2.7% LTM\nPipeline up +4.9% LTM\n3. +9.2% Group revenue growth\n+9.3% M&F revenue growth\nvs. Q1 24",
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      "text": "1. Significant breakthrough in fast-growing markets (India and Mexico)\n2. Well-timed February senior bond issuance €600m 8-year bond with a 3.50% coupon\n3. Launch of a €200m tranche of share buyback",
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