Skift

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

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Sinopsis

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 Connect with Skift LinkedIn: ⁠⁠⁠⁠https://www.linkedin.com/company/skift/⁠⁠⁠⁠ WhatsApp: ⁠⁠⁠⁠https://whatsapp.com/channel/0029VaAL375LikgIXmNPYQ0L/⁠⁠⁠⁠ Facebook: ⁠⁠⁠⁠https://facebook.com/skiftnew