Airbnb forecasts upbeat revenue - The company continues to see signs of travelers returning to cities, historically one of the strongest areas of its business.

Aug 4, 2023 • Hospitality

Booking Holdings beats estimates, boosts forecast - Room nights booked for the quarter ended June rose 9% from last year, while gross travel bookings jumped 15%.

Aug 4, 2023 • Hospitality

Expedia signals travel slump as US domestic trips slow - The company's Q2 revenue missed analysts’ estimates, signaling a potential slowdown in travel demand during the busy summer season.

Aug 4, 2023 • Hospitality

Airbnb accelerates supply growth, expands services - The company is considering a variety of new revenue opportunities such as advertising on the platform and hotel-like services for guests.

Aug 4, 2023 • Hospitality

Trivago's profits drop after it opts out of new Google ad product - The company’s decision to opt out of Google’s new property promotion ads was apparently a costly mistake.

Aug 4, 2023 • Hospitality

American Express Travel is piloting a vacation rental program - Select Homes + Retreats is designed to complement the company's Fine Hotels + Resorts and Hotel Collection programs.

Aug 4, 2023 • Hospitality

Tripadvisor reports underwhelming Q2 results - Profit margins were negatively impacted by a decline of 7% in hotel revenue, the most profitable segment for the company.

Aug 4, 2023 • Hospitality

Marriott's Q2 highlights: Surge in Europe travel, China recovery - A surge in Americans' international travel as well as a rebound in China helped boost Marriott's global performance in the second quarter.

Aug 2, 2023 • Hospitality