News

Today's podcast looks at the impact of Choice Hotels on Wyndham's fourth quarter, Expedia Group's controversial ad, and Bali's overtourism prevention tactics.

Wyndham had their typical quarter, but WH did say fighting off CHH is going to cost them about $75 million, while Hyatt gave a late-night press release that stated their 4Q results would be delayed because they have not finalized accounting relating to ALG’s Unlimited Vacation Club.

JetBlue’s credit rating was downgraded as the carrier struggles to return to profitability.

Hyatt didn't provide a full report on its 2023 performance, but it did release some key numbers for the full year that suggested strong momentum.

Expedia/Vrbo removed the offending ad in Canada to put out a fire. But if the ad was disparaging to locals, why continue to air it globally?

Another glance into the crystal ball for events in 2024 this time by Marriott International predicts a few grand trends including the return of large meetings, appealing to Gen Z, an ongoing bleisure love story among others.

A potential buyer could decide to break up Tripadvisor's parts, including Viator, TheFork, and metasearch, under the theory that the parts are worth more than the whole.

Wyndham executives said a Choice Hotels offer to buy it has sandbagged them with work in rebuffing the offer and addressing regulators' concerns. The bill so far is $75 million.

Developing new aircraft is rarely easy, but this fresh delay to the company’s flagship narrowbody jet program will come as a disappointment to Airbus and its customers.

According to the latest China Construction pipeline Trend Report from Lodging Econometrics, China’s hotel construction pipeline ended 2023 with record-breaking project and room counts.

Bali hopes the new levy can help it address the growing pains of tourism.

The nearly three-year wait for an IPO launch just goes to show the immense challenges Oyo has faced in its plans to go public. Now, should the company manage to secure funds from investors beforehand, it will undoubtedly choose that path without any hesitation.