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

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

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

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

Hotels benefit as travelers plan further ahead - New Cloudbeds data found travelers were booking accommodation further in advance in 2023 across all regions, except in North America.

May 2, 2024 • Hospitality

U.S. market cooling, says Marriott - The company cites a "normalization" in domestic U.S. vacation bookings, a potential warning sign for the post-pandemic travel frenzy.

May 2, 2024 • Hospitality

What the EU digital wallet brings to hoteliers - Hoteliers who take the initiative to implement the EU's new digital identity solutions within their PMS stand to reap significant benefits.

May 2, 2024 • Hospitality

Airbnb adds group booking features - Group booking features allow people to create shared wishlists, and trip invitations for the group with details of the property.

May 2, 2024 • Hospitality