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Today's Brief
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
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
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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.
May 10, 2024 •
Hospitality
Greek hoteliers react to Booking.com's new payment policies
- The OTA requires hosts to use a virtual card to secure reservations, eliminating the ability to request a deposit.
May 10, 2024 •
Hospitality
Domestic tourism soars in China but foreigners stay away
- With the Chinese economy facing massive challenges, there have been concerns over its growth potential, at least in the immediate future.
May 10, 2024 •
Travel
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
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
... in case you missed it, our
Daily Brief May 8, 2024
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