Articles tagged “corporate governance”

Tour Operators

Russian Oligarch Resigns From TUI Group Board After EU Sanctions

Mordashov's resignation from the TUI Group supervisory board has to be a tremendous relief to the world's largest tour operator, which can now in large part get on with its business. However, there is a substantial hangover: With his shares frozen, Mordashov still remains TUI Group's largest shareholder.

Russian Oligarch Resigns From TUI Group Board After EU Sanctions

Tour Operators

TUI Group’s Largest Shareholder Hit With European Union Sanctions

How will TUI Group respond to the European Union's sanctions against the tour operator's largest shareholder? The issue goes beyond any potential financial fallout and becomes one of corporate responsibility and the integrity of the TUI Group brand.

TUI Group’s Largest Shareholder Hit With European Union Sanctions

Tour Operators

World’s Largest Tour Operator TUI Has a Russian Oligarch Problem

Does TUI Group really want to be associated with a Russian oligarch who sits on its strategy committee and who is close to and allied with Putin during Russia's invasion of Ukraine? That sort of publicity could hammer the company's reputation and its customers won't take the news well.

World’s Largest Tour Operator TUI Has a Russian Oligarch Problem

Online Travel

Meituan Makes Gains in Luxury Hotels as Chinese Government Reshapes Online Sector

The Chinese government, for better or worse, is exacting a toll on online platforms in its anti-monopoly drive. Meituan's penalty amounted to 3 percent of revenue, and it is being forced to implement additional reforms.

Meituan Makes Gains in Luxury Hotels as Chinese Government Reshapes Online Sector

Online Travel

What’s Wrong at Tripadvisor?

Question: At Tripadvisor, as a controlled company, what mechanisms did minority shareholders have to pressure Chairman Greg Maffei to make dramatic changes? Answer: Relatively few.

What’s Wrong at Tripadvisor?

Online Travel

6 Takeaways From Airbnb’s Manifesto on Stakeholder Capitalism Ahead of Davos

Airbnb has legions of critics, and it knows that its articulated stakeholder goals will get intense scrutiny. But if the company turns some of these corporate governance aspirations into reality, then it could emerge looking pretty good compared with many established travel industry companies offering just lip service.

6 Takeaways From Airbnb’s Manifesto on Stakeholder Capitalism Ahead of Davos

Airlines

Ryanair Board Faced With Expanded Threat of Investor Protest

Glass Lewis, an influential shareholder advisory company, has told shareholders of the budget airline to vote against several directors on its board because of concerns over proper governance. Its arguments are more persuasive than Ryanair has let on.

Ryanair Board Faced With Expanded Threat of Investor Protest

Hotels

Elaine Wynn Wants to Replace Wynn Resorts Board Members After Harassment Scandal

Elaine Wynn is ready to clean house, and it's probably a good idea considering the stained reputation her ex-husband has left on the casino resort company that bears his name.

Elaine Wynn Wants to Replace Wynn Resorts Board Members After Harassment Scandal