6,294
edits
Sixt:Quarterly Results/2023 Q1: Difference between revisions
→Competitor Results
| Line 89: | Line 89: | ||
* Scherr pointed out that pricing was softer sequentially in Q1, but rates in March were higher than the whole of Q4. Rates in Q1 were flat year-over-year. However, pricing in Europe is seeing an uptick. "Pricing has been holding, particularly in the U.S market. And we have seen a pickup in pricing dynamics, particularly in the European market," he said<ref name=":2" />. | * Scherr pointed out that pricing was softer sequentially in Q1, but rates in March were higher than the whole of Q4. Rates in Q1 were flat year-over-year. However, pricing in Europe is seeing an uptick. "Pricing has been holding, particularly in the U.S market. And we have seen a pickup in pricing dynamics, particularly in the European market," he said<ref name=":2" />. | ||
* Scherr added that airlines and hotels are projecting strong demands "and have reported strength in advanced summer bookings in their earnings calls."<ref name=":2" /> However, he cautioned that the economy remains uncertain. "Before returning the call to Alex, it is important that we acknowledge the uncertainty in the market and the view that near-term strength in consumer demand may be unsustainable in a weakening economy," he said. | * Scherr added that airlines and hotels are projecting strong demands "and have reported strength in advanced summer bookings in their earnings calls."<ref name=":2" /> However, he cautioned that the economy remains uncertain. "Before returning the call to Alex, it is important that we acknowledge the uncertainty in the market and the view that near-term strength in consumer demand may be unsustainable in a weakening economy," he said. | ||
== References == | == References == | ||