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.
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.
Marriott reported financial results on Tuesday that underscored how the hotel giant has continued to benefit from resilient travel demand despite economic uncertainty in many regions.
TUI Group surpassed earnings expectations in the first quarter of 2024 with the help of a surge in demand for holiday experiences like cruises and the increasing use of dynamic packaging.
With competition getting more intense in performance marketing channels, Germany-based metasearch company Trivago saw its fourth quarter profits nosedive.
Indian Hotels Company (IHCL) looks to open an average of 2 hotels per month or even more in fiscal year 2024-2025, Puneet Chhatwal, managing director and CEO of IHCL, announced during an earnings call on Friday.
It’s been a rough few years for Spirit Airlines.
In a stunner that few observers saw coming, Expedia Group announced CEO Peter Kern will step down from his post and Ariane Gorin will succeed him, effective May 13.
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