Marriott surpasses quarterly revenue and profit estimates
Marriott International surpassed its quarterly revenue and profit estimates, driven by better than expected occupancy levels and higher rates
Source: phoenixherald.com
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Marriott surpasses travel demand recovery forecasts
Marriott International surpassed its quarterly revenue and profit estimates, driven by better than expected occupancy levels and higher rates
Source: shanghainews.net
Hospitality sector is a key winner amid reviving economic activity
The easing of restrictions on flights to and from India has also brought cheer to the hospitality industry, which has been catching the attention of investors with improving occupancy levels
Source: livemint.com
U.S. Short-term Rentals Have Recovered: An Anomaly in the Global Market
AirDNA's Monthly Review reports that the U.S. short-term rental industry has officially recovered demand above 2019 levels — marking the first month since the outbreak of COVID-19 to exceed 2019 performance.
Source: yahoo.com
Why 2021 May Be Even More Turbulent Than 2020 For India's Airlines
Why 2021 May Be Even More Turbulent Than 2020 For Indiaâs Airlines by Satyendra Pandey - Jan 1, 2021 04:54 AM Various airlines parked at Delhi airport (Ramesh Pathania/Mint via Getty Images) Snapshot Yet, 2021 may be even more turbulent. The coronavirus pandemic continues to haunt airlines. With demand at an all-time low, down by over 70 per cent of previous levels, airlines the world over are set to book over $120 billion in losses. Quarantine measures continue and international travel has several restrictions. While domestic traffic for some countries has shown signs of revival, it doe...
Source: swarajyamag.com