Points International Claims 2017 Growth for Its Loyalty Tech Platform
Skift Take
Points, a reseller of airline miles and hotel points, has begun to sign up travel companies to its newer ways of squeezing money out of their programs. But it's still too early to tell for sure how successful these efforts will be.
Points International, the world's largest miles and hotel points reseller, wants its stock price to go up after three-and-half-years of little movement.
Just about every company wants their share prices to rise.
But on Wednesday, the Toronto-based technology provider for travel loyalty programs issued a statement weeks in advance of its fourth quarter earnings report to tease its full-year 2017 performance.
The forecast that after it finishes tallying its "gross profit" and its "adjusted earnings" — metrics defined by the company — will have been up 10 percent each for the year, broadly in line with a six-year trend.
Investors will have to wait until next month for the financial and performance data on profit and earnings, metrics which use generally accepted accounting principles.
Growth Across Segments
Points doesn't operate airline or hotel loyalty programs. But it does provide servi
