We've begun piloting a number of AI-enabled operating tools in collaboration with our hotel partners, which we believe will lead to increased productivity, reduced hotel operating expenses, improved hiring and retention, and enhanced real-time decision-making.

Jul 30, 2025 / CFO / receipt, needs a key / Raymond Mars, CFO | earnings call 2025-07-30 | transcript 590f3ffd-bce5-4ce7-9312-539b84c629b3 | chars 7874-8134 | segment 7

One key trend that we're watching closely is the continued shortening of the booking window, especially for leisure travel. It's putting near-term pressure on leisure rates and reducing forward visibility in today's uncertain macroeconomic environment.

Jul 30, 2025 / CFO / receipt, needs a key / Raymond Mars, CFO | earnings call 2025-07-30 | transcript 590f3ffd-bce5-4ce7-9312-539b84c629b3 | chars 2229-2481 | segment 2