Disney CEO Defends Park Pricing, Unveils New Tech and Plans 7 More Cruise Ships
Disney is spending $30 billion to expand its theme parks and cruise line in part to keep prices in check and avoid discounting.
Travel Industry Earnings Coverage
Don't miss out on Skift's in-depth coverage of earnings reported by public travel companies, including online travel agencies, hotel brands, airlines, and technology companies. Our earnings stories cut through the numbers to explain what's really happening at companies and within the industry as a whole.
Carnival Raises Outlook Despite Uncertainty: Onboard Spending 'Hasn't Slowed Down'
While airlines are nervously watching their bookings, cruise giant Carnival is upgrading its forecasts thanks to strong reservations and increases in on-board spending by guests.
More U.S. Airlines Lower Outlook Due to Economic Uncertainty
Economic uncertainty brought on by mass layoffs in the federal government and the threat of tariffs are leading more airlines to revise their first-quarter forecasts.
Delta Lowers Outlook, Cites Decline in Consumer and Corporate Confidence
Delta is the first U.S. airline to revise its outlook following fears that the U.S. may hit an economic soft patch.
Norwegian Cruise Lines CEO on Middle East and Russia, Taxes, and New Private Island
During an earnings call, CEO Harry Sommer said there was a “unique opportunity” as a cruise operator to benefit from Trump's geopolitical moves, particularly in Russia.
How Gen Z in India Travel: Spontaneous Yet Budget-Conscious
Indian Gen Z travelers are budget friendly, but their budgets might force them to shift to lower-end or alternative accommodations as hotel prices continue to surge.
Booking Holdings Downplays Concerns That Agentic AI Platforms Will Displace It
Are generative AI platforms going to make Booking Holdings irrelevant? That's unlikely. The real issue is to what extent the company's economics may suffer.
Accor's Two-Track Strategy: Luxury for Growth, Economy for Profit
Skift spoke with Group Deputy CEO Jean-Jacques Morin about Accor's strategic pivot in key areas, such as why half of its new hotels will be in Asia this year.
Choice Has Dumped Hundreds of Budget Hotels in Upscale Strategy Shift
Choice Hotels has been abandoning its roadside motel roots for more lucrative upscale and extended-stay properties. That means ice machines are out, and Instagrammable lobbies are in.
Tripadvisor's Perplexity Deal: AI for Customer Acquisition Is Now a Thing in Travel
The emergence of AI platforms such as Perplexity, ChatGPT and others could see the travel industry redirect a huge chunk of marketing spend away from Google. Although Google has its own entrant, Gemini.