Articles tagged “truist”

News Blog

Resort Fees at U.S. Hotel Group Haven’t Grown Since 2019

News this week that Marriott will make resort fees more fully transparent upfront in the search results of its website and mobile app drew focus once again to the topic of resort fees. Yet research analysts at Truist suggest U.S. hotel groups haven't expanded the practice since 2019. "We see no clear evidence that the…

Sean O'Neill | 7 months ago

Hotels

Hotel Earnings Season Viewpoints From Top Bank Analysts

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.

Sean O'Neill | 7 months ago

Hotel Earnings Season Viewpoints From Top Bank Analysts

News Blog

Tripbam Doesn’t See Recession Signs in Business Travel Data Yet

The research arm of investment bank Truist reported on a conference call it held with corporate travel data company Tripbam. Takeaways included that any indications of a recession have not yet shown up in business travel bookings and pricing data. Tripbam believes 15 percent of business travel may never fully recover but that is better than the…

Sean O'Neill | 1 year ago