Hyatt's business travel 86% recovered from the pandemic - Hyatt Hotels posted its fifth consecutive quarter of record results in Q2, with every business segment flying high.
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Cornell's case for consolidating the U.S. short-term rental market - Billions of dollars have flowed into tech-enabled, asset-light short-term rental operators in recent years without much success to date.
Aug 7, 2023 • Hospitality
U.S. hotel industry growth slows in Q2 - Hotel fundamentals softened in Q2, largely due to a 1.5% year-over-year drop in occupancy.
Aug 7, 2023 • Hospitality
Powerful hotel pricing strategies to boost revenue - A collection of powerful pricing strategies designed to skyrocket revenue and maximize profits at your hotel.
Aug 7, 2023 • Hospitality
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
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