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Strong pricing power drives Accor's first quarter results

05/15/2022|8:49:40 PM|

Bulk of demand still not coming from international travel.

Huazhu posts bigger loss in Q1, expects revenue to drop 2%-6% in Q2

05/31/2022|6:06:41 AM|

Revenue excluding DH is expected to decline 23% to 27% in the second quarter, mainly due to large impacts from Omicron variant outbreak in China.

China lockdowns hold back IHG's recovery

05/15/2022|9:10:05 AM|

China demand will come back very rapidly once restrictions are lifted.

Booking Holdings reports a record $27 billion in Q1 gross bookings

05/05/2022|8:27:56 AM|

Room nights booked rose to nearly 200 million for the quarter.

Airbnb beats estimates with 70% revenue growth as travel rebounds

05/04/2022|8:29:44 AM|

Airbnb reported 102.1 million nights and experiences booked in the first quarter.

Expedia results are in line as Omicron weighs on pent-up demand

05/03/2022|9:30:38 AM|

Pent up demand seems to be outweighing anything the market can throw at it.

Tencent-invested online travel firm doubles profit in 2021

03/22/2022|10:53:26 PM|

Revenue increased 27% last year.

Meituan believes it now has even a bigger say in hotel bookings

03/28/2022|12:07:15 PM|

CEO Xing Wang pointed out that the team has “cultivated consumer mindshare of Meituan as the go-to platform for hotel reservations”.

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