Richard Clarke

“I guess a few follow-ups from what we've been asked so far. So just on the key money point, I guess another theme of Q2 earnings has been a sort of step up in key requirements to grow mid-scale conversion brands.”

“You're obviously calling out a lot of sort of macro and corridor pressures, but as we've seen your nearest rivals in your two segments get your guide saying they did 34% gross booking guide in H1 in North America.”

“I just wanted to follow up on the net package REVIPAR in Q2. I guess it was quite a big delta from Q1 to Q2. It felt like in Q1 you were able to offset the weakness in Mexico with strong demand elsewhere.”

“If I look on your slide 11 about your implied 4Q guidance, obviously a fair shift in the NCCX fuel guidance from down 0.9% in Q3 to up 1.1% in Q4. Just anything one-off and why costs start growing again in Q4 and maybe how we should think about, therefore, the exit rate on cost growth into 2027?”

“I'm the Global Hotels Leisure Online Travel Analyst here at Bernstein, and I'm absolutely delighted to have Matt Goldberg, President and CEO of TripAdvisor, joining us again for the Strategic Decisions Conference.”