Articles tagged “earnings”

Car Rental Companies Have Too Many Vehicles and Not Enough Customers

Car Rental Companies Have Too Many Vehicles and Not Enough Customers

Andrew Sheivachman, Skift

Car rental giants are working to reduce fleet size following a period of reduced demand. But as ridesharing continues to grow in popularity on a global scale, these companies need to get creative about what the future of on-demand transportation really looks like.

1 week ago

Norwegian Cruise Line Is Getting a Rocky Start in China

Norwegian Cruise Line Is Getting a Rocky Start in China

Hannah Sampson, Skift

Expanding to new markets can be tough; Norwegian Cruise Line Holdings is fortunate that its business in the rest of the world appears to be thriving.

2 weeks ago

Priceline Group Focuses on Expanding Its Alternative Accommodations

Priceline Group Focuses on Expanding Its Alternative Accommodations

Dennis Schaal, Skift

Booking.com grew its vacation rental supply at a hyper clip, 51 percent in the first quarter. But vacation rentals are different than hotels, where the company has excelled, and the same formula might not be a slam dunk.

2 weeks ago

TripAdvisor Gambles on TV Campaign Promising Best Hotels at Lowest Prices

TripAdvisor Gambles on TV Campaign Promising Best Hotels at Lowest Prices

Dennis Schaal, Skift

TripAdvisor may be making progress on personalization and the balance between searching and booking, but we're not sure whether it has found a message that will resonate with consumers -- one that's different from Kayak's and Trivago's.

2 weeks ago

Shanghai Disney Is Smashing Expectations as One-Year Mark Nears

Shanghai Disney Is Smashing Expectations as One-Year Mark Nears

Hannah Sampson, Skift

Disney's theme park results were strong for the quarter, but its pipeline of projects around the world show the company has much bigger ambitions.

2 weeks ago

SeaWorld CEO Says New Rides Should Save the Year

SeaWorld CEO Says New Rides Should Save the Year

Hannah Sampson, Skift

SeaWorld has been enthusiastic about its strategy to focus more on rides than animals; the rest of the year should show whether that enthusiasm was warranted.

2 weeks ago

Travelport’s Bet on a Commercial Payments Business Begins to Pay Off

Travelport’s Bet on a Commercial Payments Business Begins to Pay Off

Sean O'Neill, Skift

While Travelport is best known as a middleman for selling airplane tickets, its fastest-growing segment is in commercial payments. While payments competitors like Wex and Worldpay don't have to worry yet, they may have to soon.

2 weeks ago

Marriott CEO: Technology Is the Biggest Risk in the Starwood Merger

Marriott CEO: Technology Is the Biggest Risk in the Starwood Merger

Deanna Ting, Skift

We'll definitely be keeping our eye on what develops as far as Marriott's decisions for its reservations and loyalty platforms going forward. But we're still not so convinced they're keeping all 30 of those brands over the long term.

2 weeks ago

IHG Happy to Keep Doing Things Differently to Competitors

IHG Happy to Keep Doing Things Differently to Competitors

Patrick Whyte, Skift

Solomons is correct in pointing out the diverging strategies of the big hotel companies and over the next couple of years we will be able to find out which one was right.

3 weeks ago

Hyatt CEO Is ‘Cautiously Optimistic’ After Strong First Quarter Earnings

Hyatt CEO Is ‘Cautiously Optimistic’ After Strong First Quarter Earnings

Deanna Ting, Skift

Something not mentioned much during Hyatt's first quarter earnings call that we wish were discussed more? Reaction to the new World of Hyatt loyalty program.

3 weeks ago

4 Takeaways From Choice Hotels’ First Quarter 2017 Earnings

4 Takeaways From Choice Hotels’ First Quarter 2017 Earnings

Deanna Ting, Skift

Choice Hotels seems confident that its strategies to push more direct bookings, as well as grow in secondary and tertiary urban markets with upscale brands, is a formula for success. First quarter results seem to agree but it's still early in the year.

3 weeks ago

IAG Has Record Profit This Quarter, Thanks Cost Cuts and Crowded Planes

IAG Has Record Profit This Quarter, Thanks Cost Cuts and Crowded Planes

Benjamin Katz, Bloomberg

IAG is just getting started with its efforts to radically cut costs in order to compete with low-cost carriers. Expect similar results in future quarters.

3 weeks ago