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Articles tagged “debt”

Business Travel

Debt-Laden Samsonite Reels From Coronavirus Crisis Aftershocks

By itself, the coronavirus scare needn't be like kryptonite to Samsonite, which has high gross margins. But the long-term double whammy of supply shocks (due to factory closings) and demand shocks (due to travelers pulling back on spending) may reduce the company's ability to pay interest on its heavy debts.

Sean O'Neill, Skift | 4 years ago

Debt-Laden Samsonite Reels From Coronavirus Crisis Aftershocks

Airlines

Recession Watch: The Debt Load of the Travel Industry’s Public Companies

When it comes to their debt, easyJet has a much more liquid position than Ryanair, while United and Delta have a lighter debt burden relatively speaking than American Airlines. In the event of a recession, debt loads would be one critical factor among many in hamstringing or contributing to a company's ability to maneuver.

Dennis Schaal, Skift | 5 years ago

Recession Watch: The Debt Load of the Travel Industry’s Public Companies

Hotels

Jumeirah sees opportunity to expand, seeks $1.4 billion loan

Jumeirah appears to be intent to just keep building bigger hotels. But its ambitions are so focused on the flashy that it's difficult to see a road to long-term success.

Samuel Potter , Bloomberg | 11 years ago

Jumeirah sees opportunity to expand, seeks $1.4 billion loan

Hotels

Dubai’s Atlantis hotel is in the market for loan to refinance its debt

The Atlantis' early excesses were excessive -- even by Dubai standards. They led to the exit of former owner Kerzner, and since then they've been more conservative.

Stephen Morris, Bloomberg | 11 years ago

Dubai’s Atlantis hotel is in the market for loan to refinance its debt