How many more hotel rooms can the Gulf take? - How much is enough? When will it stop? Even the cleverest forecasters have got it wrong.

Aug 2, 2024 • Hospitality

UK: Consumer spending could rebound in the second half of 2024 - Positive economic indicators and the highest consumer sentiment in three years may boost retailers in late 2024, per PwC's latest survey.

Aug 2, 2024 • Hospitality

Booking.com sees room night growth slowing - Quarterly room night growth of 7% was slower than first quarter growth of 9% - and the pace in the third quarter would be 3-5%.

Aug 2, 2024 • Hospitality

Booking.com touts social media success - The company reported spending more on social media marketing with attractive ROI, while phasing out channels that weren't performing well.

Aug 2, 2024 • Marketing

Sabre raises 2024 outlook - The company is raising its 2024 revenue and adjusted EBITDA guidance following second quarter results that exceeded previous guidance.

Aug 2, 2024 • Hospitality

Booking.com considers appeal against mega fine - The OTA strongly disagrees with the outcome of the CNMC investigation and plans to appeal the "unprecedented decision".

Aug 1, 2024 • Hospitality

Delta Expects $500 million hit from CrowdStrike outage - The airline is now preparing for litigation and potential claims against CrowdStrike as it attempts to recover from the outage.

Aug 1, 2024 • Travel

Marriott lowers forecast for 2024 - The company lowered its 2024 room revenue growth forecast, citing weaker domestic travel demand in China and North America.

Aug 1, 2024 • Hospitality