Articles tagged “hotel earnings”

Hyatt’s China Business Is Down 90 Percent in February From Coronavirus Fallout

Hyatt’s China Business Is Down 90 Percent in February From Coronavirus Fallout

Danielle Hyams, Skift

Hyatt Hotels had a strong year in 2019, so the story it had to tell on Thursday wasn't all dreary. The problem is that shareholders and guests hate uncertainty. And so far the travel industry faces nothing but uncertainty, left beholden to how the coronavirus crisis evolves.

7 months ago

Choice Sees No Letup in Biz Travel Demand as It Expands Extended-Stay Hotels

Choice Sees No Letup in Biz Travel Demand as It Expands Extended-Stay Hotels

Danielle Hyams, Skift

Choice Hotels had a strong year with lots of growth in 2019. The company is focused on bulking up its extended-stay portfolio to continue the trend in 2020 as corporate travelers look increasingly for more creative options.

7 months ago

Hilton Being Held Back by China Trade Tussle

Hilton Being Held Back by China Trade Tussle

Isaac Carey, Skift

Luckily, Hilton has built a strong business model that should see it through any tough times.

1 year ago

Marriott CEO on Cancer Diagnosis: ‘We Are Going to Soldier On’

Marriott CEO on Cancer Diagnosis: ‘We Are Going to Soldier On’

Danni Santana, Skift

Arne Sorenson thanked all his well-wishers Friday but then got right to business. Marriott had a so-so quarter but held out great promise for its expanded homesharing business. But you'll have to wait until 2020 to see any results.

1 year ago

Hyatt CEO Found Homesharing Experiments ‘Challenging’

Hyatt CEO Found Homesharing Experiments ‘Challenging’

Deanna Ting, Skift

But Mark Hoplamazian didn't say Hyatt would never try it out again.

1 year ago

H​ilton Feels No Pressure From Marriott to Jump Into Homesharing

H​ilton Feels No Pressure From Marriott to Jump Into Homesharing

Deanna Ting, Skift

Hilton is focusing on the same things as everyone else in hotels today: loyalty, technology, and marketing. But what about taking on Airbnb directly in homesharing? Don't count on it anytime soon.

1 year ago

Marriott Cites Growing Pains Following Data Breach, Labor Strikes

Marriott Cites Growing Pains Following Data Breach, Labor Strikes

Deanna Ting, Skift

Being bigger, Marriott is discovering, may not always be better in the short term. But if the company can weather a massive cyberattack and some debilitating labor strikes, the future shouldn't be nearly as challenging, executives hope.

2 years ago

Wyndham Hotels Still Struggles to Add Improved Rooms in U.S.

Wyndham Hotels Still Struggles to Add Improved Rooms in U.S.

Isaac Carey, Skift

The hotel conglomerate shouldn't rely too much on one brand to drive domestic growth, but so far that's exactly what's happening.

2 years ago