Insight
Marriott and Hilton raised their annual RevPAR forecasts.
Iran War Costs Have Hit Travel’s Profit Forecasts
Summary
The Iran war's impact is being felt across the travel industry, with surging fuel costs and shifting booking patterns. While airlines and cruise lines face cuts, hotel groups like Marriott and Hilton see opportunity with domestic U.S. travel. Airbnb's full-year guidance projects revenue growth in the low-to-mid teens.
Key takeaway