Articles tagged “compensation”

Reliance’s venture into hospitality is timely, especially at a time when hotel demand is set to outstrip supply over the next few years.

Most CEOs at the largest hotel companies ended 2022 with less actual overall compensation than they might have. We know this fact thanks to a splendid new U.S. reporting requirement, which cast pay packages in a fresh light.

When you consider Mark Okerstrom's performance, which will lead to a golden parachute substantially less than what might have been, he can take a bunch of blame — but not for everything. The integration of the Vrbo acquisition was clearly messed up, as was the reorganization. Conversely, he inherited a very tough competitive environment.

Travel advisors need to further diversify their revenue beyond commissions. That's for sure.

TUI Fly says it's the first airline to work with tech vendors to automate and standardize the process of flight disruption claims. Larger carriers, take note: You also need to reduce your enormous backlogs of consumer claims, whether you build tech in-house or find a vendor.

As it gets more complicated to trace where a booking actually came from hotels' sales and revenue teams are one group in the online travel booking ecosystem bearing the brunt of this.

Was TripAdvisor's CEO Stephen Kaufer worth $39 million in 2013? That amount is a bit of an anomaly as it includes $38 million in stock options, and he won't be eligible for more until the Summer of 2017. Although there are complaints that TripAdvisor gives geographic growth a higher priority than short-term shareholder return, we don't see anyone complaining.

Theme parks was Disney's fastest-growing business in fiscal 2012, although its media business, including ESPN, dwarfs the company's amusement park unit.

Giving the head of your international businesses a monetary incentive to improve their performance is just plain old capitalism and a bow to human nature.