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Airbnb posts $117 million profit, but Q2 outlook disappoints

Airbnb posts $117 million profit, but Q2 outlook disappoints

Airbnb has grown increasingly concerned about rising rates, which could be pricing out some consumers.

05/10/2023|8:04:00 AM|AP
Tripadvisor Q1 revenue up 42% compared to 2022

Tripadvisor Q1 revenue up 42% compared to 2022

Tripadvisor Core accounted for more than 60% of total revenue.

05/08/2023|5:41:46 PM|PhocusWire
Comcast beats estimates on broadband, theme park strength

Comcast beats estimates on broadband, theme park strength

Theme parks revenue climbed nearly 25%, thanks to a rebound in attendance at its parks overseas and the lifting of COVID-19 curbs in China.

05/08/2023|3:52:45 PM|Reuters
IHG boss to step down as Holiday Inn-owner sees China rebound

IHG boss to step down as Holiday Inn-owner sees China rebound

Greater China’s RevPAR was up +75% vs 2022.

05/08/2023|2:03:23 PM|Reuters
Sabre repositions for revenue opportunities, cost savings

Sabre repositions for revenue opportunities, cost savings

A 15% reduction in employees is expected to be completed by the end of the second quarter.

05/06/2023|6:14:59 PM|Phocuswire
Booking reports faster growth in gross travel bookings than Expedia

Booking reports faster growth in gross travel bookings than Expedia

Both OTA giants set record highs in the first quarter.

05/05/2023|8:27:04 AM|ChinaTravelNews
Sustained travel demand, hotel signings boost Hilton's first quarter

Sustained travel demand, hotel signings boost Hilton's first quarter

With travel restrictions lifted in China, RevPAR in March exceeded 2019 levels in all regions and segments for the first time since the pandemic began.

05/02/2023|10:00:00 AM|CoStar
Accor expects a full occupancy rebound early next year

Accor expects a full occupancy rebound early next year

Systemwide RevPAR is 19% above the 2019 pre-pandemic period.

05/01/2023|10:00:00 AM|Skift
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