Guidance And ExpectationsThe company lowered the top-end of its full-year RevPAR guidance range, which could suggest cautious expectations for revenue growth.
Market ConditionsThere is a high dependency on business travelers for demand, which can be volatile and dependent on economic conditions and corporate spending.
Regional ChallengesRevPAR in China decreased by 9% year-over-year, highlighting a challenge for the company in that region.