Hyatt Layoffs, Choppy Revenue: What to Listen for This Hotel Earnings Season
Major hotel chains are gearing up for what could be a challenging earnings season, with budget properties likely to bear the brunt of softening demand. Analysts will watch for any corporate restructuring plans in response to any weakness in demand or the rise of artificial intelligence.
"I just don’t see any positive commentary coming out of this earnings season unless a REIT [real-estate investment trust] or some other company announces a merger or a go-private transaction," said Alan Woinski, editor of Daily Lodging Report.
Major hotel chains report earnings this week, including Hilton (Wednesday) and Wyndham, Accor, and IHG (Thursday). Marriott, Hyatt, Choice, and others will roll out in the coming weeks.
Executives may provide clues about whether lower-income travelers and government workers are cutting back, while affluent consumers continue to spend.
Early signals are mixed. So here are the themes Skift will be watching for:
So
skift.
