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Today's Brief
Booking.com sees room night growth slowing - Quarterly room night growth of 7% was slower than first quarter growth of 9% - and the pace in the third quarter would be 3-5%.
Aug 2, 2024 • Hospitality
Sabre raises 2024 outlook - The company is raising its 2024 revenue and adjusted EBITDA guidance following second quarter results that exceeded previous guidance.
Aug 2, 2024 • Hospitality
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Americans’ travel bug for Europe is too much of a good thing - The tourism-related trade gap shows the present strength of the U.S. economy, but is also a long-term vulnerability.
Aug 2, 2024 • Travel
UK: Consumer spending could rebound in the second half of 2024 - Positive economic indicators and the highest consumer sentiment in three years may boost retailers in late 2024, per PwC's latest survey.
Aug 2, 2024 • Hospitality
How many more hotel rooms can the Gulf take? - How much is enough? When will it stop? Even the cleverest forecasters have got it wrong.
Aug 2, 2024 • Hospitality
Booking.com touts social media success - The company reported spending more on social media marketing with attractive ROI, while phasing out channels that weren't performing well.
Aug 2, 2024 • Marketing
... in case you missed it, our Daily Brief August 1, 2024
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