Industry ChallengesThe continued challenging industry landscape marked by increased hotel supply, which has pressured overall hotel profitability, while macroeconomic uncertainties have dampened high-end consumer spending.
Market ConditionsRevPAR weakness may persist due to macroeconomic uncertainty and increased supply, which could impact revenue.
Revenue ConcernsRevPAR guidance for FY25 has been cut to a low single-digit percentage decline, highlighting challenges in maintaining previous growth expectations.