Wyndham‘s executives saw March 11 as a fresh start for their hotel franchising company – that was the day Choice Hotels abandoned its hostile merger bid.
Wyndham‘s executives saw March 11 as a fresh start for their hotel franchising company – that was the day Choice Hotels abandoned its hostile merger bid.
Accor, the Paris-based hotel operator, earns about a fifth of its revenue from France. So analysts have been eyeing possible impacts from Paris hosting the 2024 Summer Olympic Games for three weeks across July and August.
Indian Hotels Company (IHCL) is bringing back its Gateway brand from “cold storage,” but it will be a reimagined version: A full-service hotel offering in the upscale segment.
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Tuesday's Baltimore bridge collapse may marginally affect the world's largest cruise company.
It’s another setback for short-term rental firm Sonder: The company delayed the release of its fourth-quarter earnings report and said it will have to restate earnings for 2022 and 2023 because of accounting errors.
Soho House, a brand offering members’ clubs and hotels, reported Friday that it lost $57 million in the fourth quarter but had seen a significant increase in its membership count.
Not much changed for luxury brand Inspirato in the fourth quarter since its last earnings announcement. And its strategy remains the same: to lower nightly rates, and to help find the proper supply and demand balance to improve operating efficiencies. And of course, to break even.
How many times was “churn” mentioned in Vacasa’s earnings call? 16 times, noted one executive in the short-term rental industry (and, yes, we counted too).
Hilton Grand Vacations reported financial results on Thursday, following recent reports from timeshare operator rivals Marriott Vacations Worldwide and Travel and Leisure Company.
American Airlines plans to implement Amadeus’ cloud-based accounting system to track passenger sales.
Don’t expect Ryanair and eDreams Odigeo to kiss and make up anytime soon.
Although Norwegian Cruise Line has cut trips to the Middle East this year due to the ongoing Israel-Hamas war, the company is seeing strong demand for trips to other regions — in particular, the Caribbean.
Hyatt is one of the world’s fastest-growing hotel groups, and we found a handful of notable details in its annual 10-K filing.
IHG provided a strategy update to investors Tuesday, with executives forecasting rising growth for its loyalty program and its hotel development pipeline.
Sabre has a long way to go to reach the power it had before the pandemic. That was clear from its 2023 annual report, showing its latest financials and other details about the business, including layoffs completed last year and plans for tech investment.
The prospect of a deal to acquire Tripadvisor hung over the company’s fourth-quarter earnings call Thursday and executives didn’t offer any further details.
Hyatt postponed an investor conference call scheduled for Thursday. But investors shrugged off the delay and focused on preliminary financial results.
Ever since Wyndham said ‘No’ to Choice Hotels’ offer last year to buy it, executives have been sandbagged by work related to preventing the hostile merger.
The Super Bowl helped MGM Resorts post three of the top five days in revenue it has ever recorded at hotels on the Las Vegas Strip, executives said Tuesday.
Travelers may choose an Airbnb over a hotel for a number of reasons, but let’s face it: They’ll often go for the cheaper option.
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