See the full story in the original article.
Read the original on Yahoo Finance ↗
Keywords
Open a keyword to see other news on the same topic.
Related news
- Marriott International, Inc. Q3 2026 Earnings Call Summary
- Hilton Worldwide Holdings Inc. Q3 2026 Earnings Call Summary
- Wyndham Hotels ( WH ) Q3 2026 Earnings Call Transcript
Wyndham Hotels & Resorts reported third-quarter net revenues of $410 million, up 7%, and adjusted EBITDA of $207 million, up 5% on a comparable basis. Adjusted diluted EPS rose 9% to $1.43, helped by EBITDA growth and $91 million of share repurchases in the quarter. US RevPAR grew 6%, and global RevPAR rose 2% in constant currency, while RevPAR fell 10% in China and 13% in the Middle East. The company raised the low end of its full-year net revenue guidance to $1.48–$1.50 billion, set adjusted EBITDA guidance at $740–$745 million, and reported a record global pipeline of 264,000 rooms.
- WYNDHAM HOTELS & RESORTS REPORTS STRONG THIRD QUARTER RESULTS
Wyndham Hotels & Resorts reported third-quarter 2026 net revenues up 7% to $410 million and raised its full-year 2026 outlook for RevPAR, adjusted EBITDA and EPS. Global RevPAR grew 2% in constant currency and U.S. RevPAR rose 6%, while system-wide rooms grew 4% excluding Revo. Net income fell 6% to $99 million and adjusted EBITDA fell 3% to $207 million, though on a comparable basis adjusted EBITDA rose 5%; diluted EPS was $1.33. The company returned $123 million to shareholders, including $91 million in buybacks, and its board approved a $400 million increase in the share repurchase authorization. Management attributed the results to its asset-light, cash-generative business model.
- Vinpearl is the most beloved large employer of the year
On October 14, CareerViet announced its 2026 Favorite Employers rankings, in which Vinpearl JSC placed first among large companies in the top 100 and first in the tourism and hospitality sector. The results are based on a survey of more than 82,000 employees who voted for 7,301 companies across 30 industries nationwide, a non-profit programme run by CareerViet with market research firm Amco Vietnam for 13 years. Vinpearl operates 67 facilities in 20 provinces and cities, including 36 five-star hotels and resorts, 17 VinWonders theme parks, 7 golf courses and 5 conference centers. Recently, valuation firm Brand Finance named Vinpearl the world's strongest hotel brand, with a brand strength index of 95.4 out of 100 and an AAA+ rating, and its brand value rose 86% to US$381 million, placing it in the global top 50 hotel brands for the first time.
- Xenia Hotels & Resorts, Inc. Q3 2026 Earnings Call Summary
Related markets
Latest news
- AI data centers have a bigger problem than water
Host Ejaaz Ahamadeen argues that concerns about AI data centers' water use are overstated, noting that facilities now recycle the same water and that the author of an earlier viral claim later corrected herself. Citing a SemiAnalysis review, he says one or two In-N-Out restaurants use more water than Elon Musk's Colossus 2, one of the largest AI data centers. He says electricity demand is the more valid concern and points to Microsoft and, he believes, Meta pledging to cover and subsidize local electricity bills if they rise. He predicts the hyperscalers will simply pay those costs, though he says he will believe the pledges when he sees them.
- Sam Altman Says It's 'Fucking Annoying' His RAM Comments Were Taken Out of Context
OpenAI CEO Sam Altman said it was 'fucking annoying' that his comments about computer memory were taken out of context after Elon Musk mocked them. Altman had said it was 'quite terrible' for the world's limited DRAM supply to sit in home computers used 5% of the time, and he said he has long argued for more memory production. He briefly renamed his X account 'Ram Altman' in response to users' jokes. The remarks come amid a global memory shortage driven by AI data center demand, with contract prices for 16GB DDR5 chips reportedly rising from $8.70 in October 2025 to $48 in September 2026, an increase of more than 550%.
- Blockchain is ‘perfect solution’ for AI agent trust, VeChain CEO says
VeChain co-founder and CEO Sunny Lu said AI agents could drive blockchain's next adoption cycle, since autonomous agents would need systems to verify their identities and reputations, calling blockchain 'the perfect solution'. He spoke on Cointelegraph's Chain Reaction show while promoting VeWorld.ai, an agent-building platform that uses VeChain's blockchain. In his vision, agents would carry digital 'passports' within a decentralized credibility system that tracks their reputations and those of their creators, with smart contracts settling transactions between agents or with people. Lu also argued that agent-building tools could let non-developers turn their expertise into businesses, comparing this to mobile app stores, while Animoca Brands chairman Yat Siu warned that users risk building strategies around services they do not control.
- Apple cuts staff AI usage in scramble to rein in costs
Apple has restricted employees' AI use to cut costs. According to Bloomberg, daily usage caps for engineering staff were reduced from $300 (£223) to $200, and the company is reportedly considering lowering the engineering cap to $100 and cutting non-technical staff's daily budgets from $100 to $25. Apple joins other companies that have curbed AI spending, including Revolut, Accenture, Uber, Tesla, Microsoft and Meta, amid concerns about costs and productivity. The limits apply to 'tokens', units of AI consumption, even as Apple pushes staff to use more AI to boost productivity. The changes are among the first by CEO John Ternus, who succeeded Tim Cook in September, and the trend has raised concerns about the planned IPOs of Anthropic and OpenAI, with investors saying Anthropic may list at a valuation of $1.5tn or less, below earlier hopes of $2tn. Apple did not comment.
- Chinese AI lab Moonshot turned to Europe for Nvidia Blackwell access amid U.S. China curbs, sources tell CNBC
Moonshot AI, a Chinese AI lab that the White House said accessed Nvidia's Blackwell chips via a facility in Thailand, has reportedly sought access to such chips through data centers in Europe, according to CNBC sources. Talks this year reportedly covered renting capacity from non-Chinese neocloud operators, including clusters of 8,000 or more Blackwell GPUs for inference and possibly training. One source said Moonshot was proposed to pay 30% to 50% more upfront than a non-Chinese customer. U.S. export controls restrict shipments of Nvidia's most advanced chips to China, but remote access through overseas cloud services is not broadly regulated, and the Remote Access Security Act passed the House in January but has not cleared the Senate. The Financial Times reported that Nvidia told cloud providers to sell at least 51% of their services to non-Chinese customers. Moonshot and Nvidia did not respond to requests for comment.
- TSMC’s AI Opportunity Is Expanding. Here’s the Question That Matters for Its Stock Price
TSMC posted its third straight earnings beat, with third-quarter EPS of $4.60 against a $4.46 consensus and revenue of $46.72 billion, up 41.2% in dollar terms. It guided fourth-quarter revenue to $52.3 billion to $54.3 billion. Even so, shares fell 10.97% over the past month and closed at $406.13. CFO Wendell Huang said that if the company executes well, revenue growth will outpace capex growth. The 24/7 Wall St. price target is $516.16, implying 27.09% upside, with a bull case of $536.47 and a bear case of $432.68, and the article flags margin dilution from overseas fabs as a risk, with gross margin down 1.3 points sequentially and guided margins of 65% to 67%.
Get the briefing on Telegram or Zalo
Join the Upside Telegram channel or Zalo group for the Vietnam stocks and gold briefing at 8:00 and 19:00 (Vietnam time) on trading days, plus a weekly wrap on Saturday morning.