Bookings And RevenueBookings for Q3 were down 16% from last year, suggesting potential challenges in maintaining customer demand.
Financial PerformanceManagement lowered the midpoint of its '24 EBITDA guide by $5MM, indicating a more cautious outlook on financial performance.
Revenue GuidanceManagement lowered its 2024 RevPAR guide to 0-1%, which could signal slower-than-expected growth in revenue per available room.