Articles tagged “Bernstein”

Enthusiasm for extended-stay hotels seems boundless among U.S. hotel developers. The national extended stay pipeline is now 44% of supply, up by almost 10% in the last 18 months.

Luxury hotels should be able to drive higher rates if luxury becomes more about what you do than what you own.

Booking.com, with its hotels, vacation rentals, flights and wider array of brands, is a larger and more well-rounded company than Airbnb. Booking seems to be making gains at the expense of both Airbnb and Expedia.

Encouraging signs from a host of companies releasing first quarter statistics, but a recurring theme is: Can it last?

The online travel space has always been super-competitive, but established players like Expedia Group and Booking Holdings face a growing roster of formidable competitors, including hotels, Google and Airbnb.

We’re still weeks away from knowing just how much of an impact the Omicron variant will have on the travel industry. But companies can already discern just how much of a role government can have in altering the course of recovery.

Critics blasted Airbnb for relying too heavily on Google advertising to obtain customers in 2019. But in the beginning of 2021, Expedia outspent all of its rivals on paid marketing and made some gains. Expedia and its Vrbo brand are making no apologies for it.

Want to build a new resort by the beach or acquire a five-star hotel downtown in a major U.S. city? Lenders are listening. But if you want to break ground on a roadside motel in a secondary market, you may be waiting for the bank to return your calls for several years.

A holiday with plenty of reasons to celebrate: Golden Week reaffirmed projections that hotels in China are on track to recover to pre-pandemic revenue levels by next year.

Ongoing government coronavirus relief efforts like the $2 trillion CARES Act and banks unwilling to take over hotels should keep most of the world's hotel supply intact through a very turbulent 2020.