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Hotels
Choice Hotels is seeing weakness in its hotel development pipeline. That may not improve much if it remains distracted by pursuing a merger with Wyndham.
Sean O'Neill | 5 months ago
Travel demand in China has continued to recover despite financial turmoil in the country. Hyatt is optimistic that the rise of China's middle class will, long run, also benefit Hyatt's high-end brands.
Sean O'Neill | 6 months ago
For Marriott, 2023 is shaping up to be a banner year.
Accor is having a happy, "Emily in Paris" kind of year. High-spending Americans thronged Europe this summer, helping the hotel giant beat expectations for revenue and profit.
Wyndham execs and board members more forcefully rejected Choice Hotels' current terms for a merger on Thursday. But they explicitly left the door open to a more generous offer from a market player.
As the U.S. sees a return to pre-pandemic patterns of hotel demand, Asia Pacific appears to be roaring back.
The IHG third quarter results are here. They don't provide much information on financial performance, but they show promising signs of recovery in China.
Josh Corder | 6 months ago
Premier Inn says it has gained pricing power as 10% of all UK independent hotels have closed in the past few years. More remarkably, it says repeat guests made 86% of its bookings this year. It's a direct booking champ other hoteliers could learn from.
News Blog
Generator Group, which owns or runs 21 hotels, gave a financial update on Monday that underscored the post-pandemic boom in travel. London-based Generator Group forecasted that it's on track to produce revenues of about $238 million (€225 million) this year — which would represent a 25% jump over the company's revenue in the pre-pandemic year…
Sean O'Neill | 7 months ago
What we most hope to hear from Marriott is about a possible new brand to debut in Europe later this year. But we also care about a few key metrics that investment analysts will watch closely.
