Airbnb’s Growth Plan, Wyndham’s New Forecast and Hyatt’s Trimmed Outlook
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
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