Richard is the Senior Analyst at Bernstein covering the Global Hotels and OTAs sector: Booking, Expedia, Tripadvisor, Hilton, Marriott, Hyatt, IHG, Accor, Whitbread and TUI. Bernstein prides itself on longer term, fundamental research and Richard has written a number of books on Hotel business models, OTAs and the long term fall out from Covid. Prior to joining Bernstein in 2013, Richard trained as a forensic accounting and worked in structured media & film finance at Societe Generale. Richard has a MA from Trinity College, Cambridge and is a Fellow of the Institute of Charters Accountants.