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.
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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
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
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
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
Wego launches WegoBeds - WegoBeds bridges the gap between Middle East hotels and Wego's global partner network and is the primary hotel supply source for Wego's own OTA and corporate travel businesses.
May 8, 2024 • Hospitality
How Europe’s Digital Marketing Act hurts hotels - Three months after implementation, Google Hotel Ads click-through data showed a 30% drop in traffic in EU markets affected by DMA implementation.
May 8, 2024 • Hospitality
Lessons in business innovation from elBulli - How chef Ferran Adrià and his restaurant team balanced innovation with business objectives at its legendary restaurant outside of Barcelona.
May 8, 2024 • Hospitality
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