Preferred’s real advantage may not be flexibility or cost. It’s relationships. Whether that scales in an increasingly transactional market is the bigger question.
Even after the doubling of hotel supply by 2030, Northeast India will still remain underserved, as this will be less than 3% of India’s total branded hotel supply.
Management's tone during Thursday's earnings call betrayed an uncomfortable truth: September caught Wyndham off guard with a sharp deterioration in hotel demand in a few U.S. Sunbelt states and in China.
IHCL is proving that scale and selectivity can go hand in hand. Its aggressive signing pace and boutique acquisitions show how the hotel chain is adapting to the country’s evolving travel landscape.
Hilton expects fourth-quarter RevPAR to be in positive territory due to the stronger group travel, easier comps, and holiday shifts. Plus more hotel news.
Wyndham's cut to its forecast is modest, at about 2%. But it's notable that Texas, Florida, and California showed particularly soft results, as well as China, during the third quarter.