
Is the asset-light model cracking in global hotels? Bernstein weighs in
Investing.com -- Q4 was a volatile quarter for the hotel industry.Shares of Marriott International Inc (NASDAQ:MAR) and Hyatt Hotels (NYSE:H) saw a downturn following their guidance updates for the fourth quarter of 2024, which indicated misses to their 2023 corporate management development (CMD) guidance.InterContinental Hotels Group PLC ADR (NYSE:IHG) did not provide profit guidance, focusing in ...