The Indian hotel industry could see more transactions, likely driven by debt pressure. Fortunately, larger profitable players will probably be willing to increase investments.
The hotel industry has once again become like that friend who always says they're "fine" when you ask how they're doing. It could always be better. It could always be worse.
Hotel groups have been expanding the reach of their loyalty programs to include a wider base of consumers while trying to maintain their appeal to frequent travelers. It's a tough trick to pull off.
Overall, analysts at investment banks like what they hear from public hotel companies about their financial performance in the near term. But the lookout for 2024 is uncertain.
The co-working giant posted a $504 million loss for the first quarter of this year, although the figures are heading in the right direction. But has it run out of steam after setting right so many wrongs in the past?
Data out of Asia shows just how bad border closures are hurting hotel business in major cities while it's business as usual on the investment transaction front.
Time to find a new talking point for earnings season. Major hotel CEOs over the summer blamed their hiring issues on the fact furloughed employees received an extra $300 in unemployment benefits from the pandemic relief bill. The benefits lapsed, and hotels are still having a hard time hiring.