Skift Daily Briefing

Wyndham Results Take a Bit of a Hit


Listen Later

Episode Notes

Wyndham executives say the company’s efforts to fend off Choice Hotels’ hostile bid weighted on its results in the fourth quarter, reports Senior Hospitality Editor Sean O’Neill.

Wyndham CEO Geoff Ballotti said its fourth quarter could have been better without the distractions from Choice Hotels’ merger proposal. The company’s revenue and income in 2023 both fell from the previous year, which may have been a result of Wyndham devoting resources to prevent the hostile merger. 

Wyndham said it’s spent $75 million related to the deal so far, including answering antitrust queries from regulators. 

Next, Expedia Group has pulled a Vrbo ad in Canada because its use of a traditional folk song from Newfoundland and Labrador sparked an uproar, writes Executive Editor Dennis Schaal. 

The ad, which aired during both the Grammys and Super Bowl, used the folk song I’se the B’y as its theme. Schaal notes the ad was intended to take a dig at rival Airbnb. But the provincial government and local tourism executives demanded Expedia remove the ad because they believed using the folk song was disrespectful.

Finally, Bali has implemented a tourist tax as part of its efforts to combat overtourism, writes Global Tourism Reporter Dawit Habtemariam.

Visitors to the popular Indonesian destination have to pay about $10, which will go toward conservation efforts and improving the island’s infrastructure. Mark Howarth-Archer, an executive at tour operator G Adventures, said Bali’s infrastructure can’t handle the surge in tourists.

...more
View all episodesView all episodes
Download on the App Store

Skift Daily BriefingBy Skift

  • 3.9
  • 3.9
  • 3.9
  • 3.9
  • 3.9

3.9

35 ratings


More shows like Skift Daily Briefing

View all
TED Radio Hour by NPR

TED Radio Hour

21,954 Listeners

NPR News Now by NPR

NPR News Now

14,681 Listeners

WSJ Your Money Briefing by The Wall Street Journal

WSJ Your Money Briefing

1,713 Listeners

WSJ What’s News by The Wall Street Journal

WSJ What’s News

4,420 Listeners

Travel with Amateur Traveler Podcast by Chris Christensen

Travel with Amateur Traveler Podcast

43 Listeners

The Skift Travel Podcast by Skift

The Skift Travel Podcast

40 Listeners

WSJ Tech News Briefing by The Wall Street Journal

WSJ Tech News Briefing

1,649 Listeners

Airline Weekly Lounge by Skift

Airline Weekly Lounge

138 Listeners

Make Me Smart by Marketplace

Make Me Smart

5,480 Listeners

WSJ Minute Briefing by The Wall Street Journal

WSJ Minute Briefing

686 Listeners

Slick Talk: The Hospitality Podcast by Skift

Slick Talk: The Hospitality Podcast

71 Listeners

Life Kit: Parenting by NPR

Life Kit: Parenting

635 Listeners

Life Kit by NPR

Life Kit

4,807 Listeners

The Journal. by The Wall Street Journal & Spotify Studios

The Journal.

6,097 Listeners

Airlines Confidential Podcast by Scott McCartney

Airlines Confidential Podcast

140 Listeners

Good Morning Hospitality by Skift

Good Morning Hospitality

11 Listeners

The Air Show by Shayr Media

The Air Show

222 Listeners

Suite Success: Masters of Hospitality by Skift

Suite Success: Masters of Hospitality

77 Listeners

Daily Departure by Skift

Daily Departure

0 Listeners

GreenShift by Skift

GreenShift

0 Listeners