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Today's Brief
Booking.com expects slowdown in bookings - The company expects room night bookings to slow in the current quarter as tensions in the Middle East dampen regional tourism.
May 3, 2024 • Hospitality
Expedia lowers 2024 growth forecast - The company cut its full-year revenue growth forecast, as gross bookings were hit by a drag in its vacation rental platform and poor performance in its business-to-consumer segment.
May 3, 2024 • Hospitality
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Booking Holdings tops Q1 profit estimates - The higher-than-expected room night growth was driven by healthy demand with better-than-expected performance in Europe.
May 3, 2024 • Hospitality
Marriott raises 2024 profit forecast after mixed Q1 results - The hotel operator raised its forecast for annual adjusted profit, banking on international travel demand to offset normalizing domestic travel in the U.S..
May 3, 2024 • Hospitality
IATA expects ‘strong’ travel demand to continue into summer - Airlines are unhappy about having to bear the costs of disruption caused by others in the sector.
May 3, 2024 • Travel
Unionization a growing factor for US hoteliers - Labor unions are experiencing a renaissance in the U.S., a movement that's on the radar of hoteliers.
May 3, 2024 • Hospitality
A new approach to hotel management fees - In the ever-evolving hospitality industry, the question of how to effectively compensate hotel operators remains crucial.
May 3, 2024 • Hospitality
How do I get a detailed analysis of my hotel website's performance? - Tools and KPIs for deeper analysis of your hotel website's performance.
May 3, 2024 • Hospitality
... in case you missed it, our Daily Brief May 2, 2024
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