CHICAGO--(BUSINESS WIRE)--Thomas J. Pritzker, 75, Executive Chairman of Hyatt Hotels Corporation (NYSE: H) today released a letter, previously shared with the Board of Hyatt, explaining his decision to retire as Executive Chairman, effective immediately, and not to stand for reelection to the Board at the 2026 Annual Meeting of Stockholders. Mr. Pritzker said, "My job and responsibility is to provide good stewardship. That is important to me. Good stewardship includes ensuring a proper transiti. ...

Core Viewpoint - Wyndham Hotels (WH) is expected to report a quarterly earnings per share (EPS) of $0.89, reflecting a year-over-year decline of 14.4%, with revenues projected at $337.92 million, a decrease of 0.9% compared to the previous year [1]. Earnings Estimates - Over the last 30 days, the consensus EPS estimate has been revised downward by 4.1%, indicating a collective reassessment by analysts of their initial forecasts [2]. - Revisions to earnings estimates are crucial indicators for predicting investor actions regarding the stock, with empirical research showing a strong correlation between earnings estimate trends and short-term stock price performance [3]. Key Metrics Projections - Analysts estimate 'Net revenues- Fee-related and other revenues- Royalties and franchise fees' to be $131.21 million, a year-over-year change of -3.5% [5]. - The estimate for 'Net revenues- Fee-related and other revenues- Marketing, reservation and loyalty' is projected at $131.74 million, indicating a decline of 2.4% from the previous year [5]. - The consensus for 'Net revenues- Fee-related and other revenues- Management and other fees' is $3.00 million, while 'Net revenues- Fee-related and other revenues- License and other fees' is expected to reach $30.00 million [6]. - 'Net revenues- Fee-related and other revenues- Other' is anticipated to be $40.99 million, reflecting a year-over-year increase of 10.8% [6]. Operational Metrics - The total number of rooms is projected to be 869,446, down from 903,000 in the previous year [7]. - Analysts expect 'Total RevPAR' to reach $40.32, slightly up from $40.01 a year ago [7]. Stock Performance - Wyndham shares have decreased by 3.1% over the past month, compared to a decline of 1.7% in the Zacks S&P 500 composite [7]. - With a Zacks Rank of 4 (Sell), Wyndham is expected to underperform the overall market in the near term [7].

In its upcoming report, Choice Hotels (CHH) is predicted by Wall Street analysts to post quarterly earnings of $1.56 per share, reflecting an increase of 0.7% compared to the same period last year. Revenues are forecasted to be $380.3 million, representing a year-over-year decrease of 2.4%.Over the last 30 days, there has been an upward revision of 9.7% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initi ...

Core Viewpoint - During the Spring Festival, Xishuangbanna has become a popular destination for tourists, leading to significant price increases in hotel accommodations and transportation costs, with some hotel prices reportedly rising by up to 10 times compared to off-peak rates [1][3]. Accommodation Pricing - Hotel prices in Xishuangbanna have surged approximately 4 times during the Spring Festival, with some hotels charging over 2000 yuan per night [1]. - A specific hotel showed a price increase from an average of 98 yuan per night in October 2025 to 963 yuan during the Spring Festival, marking a price hike of about 10 times [3]. Transportation Costs - Ride-hailing services have also seen increased fares, attributed to high demand and service fees during peak travel times [7]. - The local tourism bureau indicated that accommodation and transportation price increases fall under the jurisdiction of other regulatory departments [7]. Market Conditions - As of February 15, the city recorded a vehicle flow of 103,550, a 68.99% increase compared to previous periods, leading to traffic congestion in key areas [9]. - The hotel occupancy rate in the city reached 85.5%, indicating a tight supply of available accommodations during the holiday period [9]. Regulatory Framework - The local government has issued a "诚信指导价" (integrity guiding price) for hotel accommodations, which sets maximum price limits based on hotel star ratings, with the highest being 3800 yuan for five-star hotels [8].

Core Viewpoint - Marriott International, Inc. is a leading global hospitality company with a market cap of $93.8 billion, operating a diverse portfolio of hotel brands and lodging properties across various regions [1] Financial Performance - Over the past 52 weeks, Marriott's stock has returned 22.8%, outperforming the S&P 500 Index's 11.8% gain [2] - Year-to-date, MAR shares are up 14.1%, while the S&P 500 has seen a slight decline [2] - Despite reporting weaker-than-expected Q4 2025 adjusted EPS of $2.58, the company’s revenue of $6.69 billion exceeded forecasts, leading to an 8.5% stock increase [6] - Adjusted EBITDA for the same quarter was $1.40 billion, reflecting a 9% year-over-year growth [6] Future Outlook - For fiscal year 2026, analysts project adjusted EPS growth of 15.9% year-over-year to $11.61 [7] - The company has a positive outlook for 2026, expecting adjusted EPS between $11.32 and $11.57 and adjusted EBITDA growth of 8% to 10% [6] - Worldwide RevPAR growth is anticipated to be between 1.5% and 2.5%, with net rooms growth of 4.5% to 5%, supported by a development pipeline of nearly 610,000 rooms [6] Analyst Ratings - Among 26 analysts covering the stock, the consensus rating is a "Moderate Buy," with 10 "Strong Buy," 2 "Moderate Buy," 13 "Holds," and 1 "Strong Sell" [7] - BMO Capital raised its price target on Marriott to $400, maintaining an "Outperform" rating, with the stock currently trading above the mean price target of $348.64 [8] - The highest price target of $420 suggests a potential upside of 18.7% from current levels [8]

Core Insights - The free breakfast model in the hotel industry, once a staple, is now facing economic pressures and evolving business models, leading to potential reductions or eliminations of this offering [1][2][4] Industry Trends - Many hotel operators are viewing free breakfast as a cost burden, with brands like Hyatt and Holiday Inn making changes to their breakfast offerings to cut costs [2][3][4] - The trend of reducing or eliminating free breakfast is part of a broader strategy to cut costs across various hotel services, including housekeeping and amenities [3][4] Consumer Expectations - A significant majority of travelers (78%) still prefer free breakfast during their hotel stays, with only 8% paying for breakfast, primarily at higher-tier hotels [11][12] - Among upper midscale and midscale hotel guests, 47% consider complimentary breakfast a "need-to-have" feature, indicating its importance in guest satisfaction [13] Brand Responses - Brands like Best Western and Holiday Inn Express continue to support free breakfast as a key part of their value proposition, emphasizing its role in guest loyalty and satisfaction [16][18] - In contrast, luxury brands are beginning to eliminate free breakfast offerings, opting for alternatives like bonus points or discounted meals [9][22] Future Outlook - The hotel industry may see a bifurcation in breakfast models, with higher-end customers moving towards paid options while budget-conscious travelers continue to seek free offerings [10][24] - Experts predict that while free breakfast may remain in some form, hotels will increasingly explore new models, such as breakfast credits or bundled packages, to manage costs while maintaining perceived value [23][25]

Core Insights - Mohawk Industries, Inc. (MHK) reported mixed fourth-quarter 2025 results, with earnings exceeding the Zacks Consensus Estimate while net sales slightly missed expectations, both metrics showing year-over-year growth [1][5] Financial Performance - Adjusted earnings per share (EPS) for Q4 2025 were $2.00, surpassing the Zacks Consensus Estimate of $1.98 by 1%, and up from $1.95 in the same quarter last year [5] - Net sales reached $2.7 billion, falling short of the consensus mark of $2.72 billion by 0.7%, but reflecting a 2.3% increase year-over-year; on an adjusted basis, net sales declined 3.3% year-over-year [5] - For the full year 2025, net sales totaled $10.79 billion, a decrease of 0.5% from $10.84 billion in 2024, with operating income dropping to $489.8 million from $693.5 million [11] Segment Performance - Global Ceramic segment reported net sales of $1.07 billion, a 6.1% increase year-over-year; adjusted operating income rose to $62.7 million, with an adjusted operating margin of 5.9% [7] - Flooring North America (NA) segment saw net sales of $892.5 million, down 4.8% year-over-year, with adjusted operating profit declining to $39.2 million and an adjusted operating margin of 4.4% [8] - Flooring Rest of the World (ROW) segment experienced a 6.5% increase in net sales to $737.1 million; adjusted operating income was $65.1 million, with an adjusted operating margin of 8.8% [9] Operational Insights - The company is focusing on restructuring actions and operational improvements that have reduced costs and are expected to enhance long-term performance, despite ongoing tariff uncertainties [3] - Mohawk anticipates improvements in sales and earnings for 2026, driven by a recovery in residential remodeling and stabilization of economic risks, alongside new product innovations and operational excellence [4][10] Financial Position - As of the end of 2025, Mohawk had cash and cash equivalents of $856.1 million, an increase from $666.6 million in 2024; long-term debt rose to $1.74 billion from $1.68 billion [12] - The company generated free cash flow of $621.2 million in 2025, compared to $679.5 million the previous year, and repurchased approximately 1.3 million shares for about $150 million [12]

The Indian Hotels Company share price today: Shares of hospitality major The Indian Hotels Company (IHCL) fell around 4 per cent to hit an intraday low of ₹683 on the National Stock Exchange (NSE), amid an overall subdued market, despite the company reporting strong quarterly numbers for the October-December quarter of the current financial year (Q3FY26).     READ LATEST STOCK MARKET UPDATES TODAY LIVEAround 12:50 PM, the IHCL share price was trading 1.2 per cent lower at ₹703.55 compared to the previous s ...

Luxury hotel rates in New Delhi have surged to as high as 33,000 dollars a night ahead of the India AI Impact Summit, underscoring explosive demand as global tech leaders and heads of state arrive in the capital. The boom comes as Indian Hotels Company posts a strong third-quarter earnings beat, with net income up 55-percent year-on-year. MD and CEO Puneet Chhatwal discusses the demand surge and the company's performance with Paul Allen on Insight with Haslinda Amin. ...

Manika. Pretty good set of numbers here. Yes, Paul, It's a good set of numbers.I think there has been improvement across all of the metrics. There's also been a one time gain, you know, that boosted the net profit. But, you know, the investors were well aware of that.The more interesting thing to look for is what this new Year will bring for Indian hotels in terms of its continued room capacity expansion, its continued expanding footprint and its focus on its budget hotel range, which goes by the brand name ...