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Amex GBT shifts focus to hotels and meetings

03/17/2023|9:32:25 AM|

Amex GBT made a net loss of $229 million in 2022.

Viator accounted for more than one-third of Tripadvisor’s revenue in 2022

02/19/2023|9:45:22 AM|

Tripadvisor Core showed a 34% improvement in revenue for the quarter.

IHG expects hotel rates to stay strong, CEO says China is a powerhouse

02/27/2023|11:42:08 AM|

IHG has 454 hotels representing about 94,000 rooms under development in Greater China.

Booking Holdings sells Meituan stake for $1.7 billion, netting a $1.2 billion return

02/24/2023|8:09:31 AM|

Gross bookings for the quarter rose 44% from the year-ago period to $27.3 billion.

Wyndham’s recovery in hotel room rates may plateau this year

02/21/2023|9:22:50 PM|

International occupancy finished down 21% to 2019.

Marriott’s record quarter boosted by rebound in luxury and group bookings

02/16/2023|9:36:26 AM|

Its average daily rate worldwide in the fourth quarter come in 13% higher than in the comparable pre-pandemic period.

Expedia profit misses as severe weather weighs on holiday quarter, shares fall

02/10/2023|8:19:10 AM|

The company reported $20.5 billion in total gross bookings, up 17% a year prior.

COVID impact hits China Tourism Group Duty Free 2022 results but outlook looks promising

02/07/2023|1:55:28 PM|

CTG’s preliminary 2022 full-year results showed that operating income fell 19.52% year-on-year to CNY54.463 billion.

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