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Today's Brief
Airbnb sees growth slowing - Company says growth in the current period for nights and experiences booked – a key industry metric – will be ‘relatively stable’.
May 10, 2024 • Hospitality
Tripadvisor lowers outlook - The company offered a muted outlook across its major businesses, and attributed the softness to changes in Google’s travel search results pages.
May 10, 2024 • Hospitality
Tripadvisor rules out a merger for now - An independent board committee has determined that at this time, there is no transaction with a third party that is in the best interests of the company and its stockholders.
May 10, 2024 • Hospitality
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Greek hoteliers react to Booking.com's new payment policies - The OTA requires hosts to use a virtual card to secure reservations, eliminating the ability to request a deposit.
May 10, 2024 • Hospitality
Domestic tourism soars in China but foreigners stay away - With the Chinese economy facing massive challenges, there have been concerns over its growth potential, at least in the immediate future.
May 10, 2024 • Travel
Hyatt sees ‘normalized’ US RevPAR growth - Hyatt posted a system-wide hotel RevPAR increase of 5.5% year on year in first-quarter 2024 earnings results.
May 10, 2024 • Hospitality
Unlocking the advantages of sustainable practices for hoteliers - Sustainability for hoteliers is not just a trend; it is a smart move for a successful business strategy from a 360-degree view.
May 10, 2024 • Hospitality
... in case you missed it, our Daily Brief May 8, 2024
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