Booking Holdings beats Q4 profit estimates on Asia demand recovery - The OTA said room night bookings in the United States was flat in the fourth quarter, compared to Asia growth in the mid-teens.

Feb 23, 2024 • Hospitality

Trip.com reports strong Q4 - The Chinese OTA beats earnings expectations on higher China hotel bookings and the post-pandemic recovery in air travel.

Feb 22, 2024 • Hospitality

Expedia taps company veterans to lead newly formed operating divisions - Following the succession from Peter Kern to Ariane Gorin, Expedia Group taps two long-time Expedia veterans to lead newly formed operating divisions.

Feb 22, 2024 • Hospitality

Accor posts record results, confidence in 2024 growth - The hotel company generated record-high results in 2023, with EBITDA breaking the €1 billion mark for the first time in its history.

Feb 22, 2024 • Hospitality

STR, hotel giants accused of data-driven pice-fixing - A proposed consumer class action accuses STR and a group of luxury hotel operators of conspiring to keep room rental prices artificially high.

Feb 22, 2024 • Hospitality

Cybersecurity in the hospitality industry - Digital transformation is redefining many aspects of the hospitality industry, and the importance of cybersecurity cannot be overstated.

Feb 22, 2024 • Hospitality

The Hotels Network acquired LiveRate - This acquisition brings hotel clients previously under contract with LiveRate into THN’s extensive network, which already boasts over 19,000 properties around the world.

Feb 21, 2024 • Hospitality

IHG sees loyalty and brand awareness gains - Early results suggest that IHG's recent marketing efforts and brand development work are leading to growth.

Feb 21, 2024 • Hospitality