))
Airbnb’s Growth Plan, Wyndham’s New Forecast and Hyatt’s Trimmed Outlook
Manage episode 480214791 series 3470145
Content provided by Skift. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Skift or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.
Airbnb is working to regain double-digit growth in nights booked by expanding internationally, especially in Italy, Germany, and Japan, and by adding more high-quality hotels to its platform, including incentives through HotelTonight. Wyndham has revised its revenue outlook downward due to softer March demand but remains optimistic about long-term gains from infrastructure spending, having opened a record number of new rooms in Q1. Hyatt also lowered its forecast citing macroeconomic uncertainty, despite strong Q1 results, with luxury brands showing the highest performance.
- Airbnb Reports 'Softness,' Looks to International and Hotels to Get Growth Mojo Back
- Hyatt CEO: 'Softer Booking Trends' and 'Choppy Environment'
- Wyndham Cuts Growth Forecast, Hopes for Infrastructure Boom and 'Short-Lived' Uncertainty
Connect with Skift
LinkedIn: https://www.linkedin.com/company/skift/
WhatsApp: https://whatsapp.com/channel/0029VaAL375LikgIXmNPYQ0L/
Facebook: https://facebook.com/skiftnews
Instagram: https://www.instagram.com/skiftnews/
Threads: https://www.threads.net/@skiftnews
Bluesky: https://bsky.app/profile/skiftnews.bsky.social
X: https://twitter.com/skift
Subscribe to @SkiftNews and never miss an update from the travel industry.
1002 episodes
Share
