Articles tagged “earnings”

AccorHotels Is Still Struggling to Make Onefinestay and John Paul Profitable

AccorHotels Is Still Struggling to Make Onefinestay and John Paul Profitable

Deanna Ting, Skift

The first step to making things right is to admit things are wrong, followed by figuring out how to make things right again. At this point, we're not sure we know how AccorHotels wants to fix its problems with Onefinestay and John Paul, but at least it admits something is wrong.

4 days ago

Parks Operator Merlin Starts to See Recovery in London Market

Parks Operator Merlin Starts to See Recovery in London Market

Patrick Whyte, Skift

It looks like things are starting to turn around for Merlin in its key London market. We'll have to wait until its annual results later this year for the full picture.

6 days ago

Caribbean Drag Persists But Carnival Still Reports Record Earnings

Caribbean Drag Persists But Carnival Still Reports Record Earnings

Hannah Sampson , Skift

Wall Street wasn't fond of what Carnival revealed about 2019 booking trends. Was the share price slump an overreaction?

4 weeks ago

Ctrip’s Lowered Pace of Revenue Growth Reflects a New Normal

Ctrip’s Lowered Pace of Revenue Growth Reflects a New Normal

Sean O'Neill, Skift

Ctrip sacrificed some revenue growth to defend its market share in hotel bookings from rivals like Meituan. The competition shows no sign of abating.

2 months ago

eDreams Odigeo Looks to a Future With More Transparency

eDreams Odigeo Looks to a Future With More Transparency

Patrick Whyte, Skift

No matter the motive, being more transparent is a good move for eDreams Odigeo. The big problem is time. How long will it take for the new strategy to pay off, and will investors give the management team breathing room to make the required changes?

2 months ago

Australia’s Corporate Travel Management Finds Its Global Expansion Pays Off

Australia’s Corporate Travel Management Finds Its Global Expansion Pays Off

Andrew Sheivachman, Skift

Corporate Travel Management continues to grow worldwide, fueled by acquisitions and its prowess across Asia. The global business travel boom has continued unabated.

2 months ago

Flight Centre Stock Tumbles After TV Report Alleges Anti-Consumer Practices

Flight Centre Stock Tumbles After TV Report Alleges Anti-Consumer Practices

Allan Leibowitz, Skift

Negative press about working conditions and markups has dented Flight Centre’s stock price, despite record financial results. The claims have been denied, but the share price is still suffering. The mural incident doesn't do anything to bolster confidence in corporate culture.

2 months ago

Hostelworld Counts Cost of European Heat Wave

Hostelworld Counts Cost of European Heat Wave

Patrick Whyte, Skift

There have been a number of big changes at Hostelworld in 2018 and we should expect further shifts in strategy under new CEO Gary Morrison.

2 months ago

Despegar Tripped Up by the Ailing Economies of Argentina and Brazil

Despegar Tripped Up by the Ailing Economies of Argentina and Brazil

Sean O'Neill, Skift

Lousy economies in key markets have hurt Despegar's profit. But deft management during the recent storms suggests the online travel agency has a promising future.

2 months ago

MakeMyTrip Sees Gains From Its Loyalty Programs

MakeMyTrip Sees Gains From Its Loyalty Programs

Sean O'Neill, Skift

Investors are understandably focused on MakeMyTrip's ongoing operating losses. But in good news, the company is narrowing the size of those losses while maintaining its growth rates.

2 months ago

Norwegian Cruise Line Wants Passengers to Keep Spending More at Sea

Norwegian Cruise Line Wants Passengers to Keep Spending More at Sea

Hannah Sampson , Skift

Cruise lines keep loading their ships with things for passengers to buy — Starbucks latte and a game of laser tag, anyone? With consumers feeling confident, no one seems to mind spending money on extras. But if the economy takes a turn for the worse, will that change?

2 months ago

Booking Holdings Says Half Its Customers Now Come Direct: Will It Be a Game Changer?

Booking Holdings Says Half Its Customers Now Come Direct: Will It Be a Game Changer?

Sean O'Neill, Skift

Some hotel groups will be jealous of Booking Holdings' ability to have one out of every two of its customers booking travel on its brand sites and apps without having to buy online ads to acquire them.

2 months ago