Inflation brings new hosts
Airbnb benefits from families under pressure and quietly withdraws from China
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Airbnb, B&B, Hilton, Hyatt, Marriott, Wyndham: 2021 with positive signs
Augsburg. More hotel chains and Airbnb have published their results for the last quarter of 2021 and/or for the whole year. Airbnb's expectations for Q4 2021 were exceeded as it benefitted from the global trend to mobile working. B&B Hotels at least topped the occupancy of the first corona year 2020. Hilton reported that it significantly improved its results. At Hyatt, the new acquisition of Apple Leisure Group already had a positive effect. Marriott Hotels International made tremendous progress in its global RevPAR recovery. And Wyndham turned its 2020 loss into a sizeable profit.
Too big to fail?
San Francisco. Last week, Airbnb shared its first earnings report since last December when the company went public and raised 3.5 billion dollars valuing it at more than 100 billion dollars. It was not a surprise that the company reported a declining revenue and a whopping 3.9 billion-dollar loss. A good space for Booking.com to step in and remind the public of being even more powerful.