Articles tagged “earnings”

Brexit’s Ripple Effects Worry Scandinavian Airline SAS

Brexit’s Ripple Effects Worry Scandinavian Airline SAS

Patrick Whyte, Skift

It's not just UK airlines that are concerned about Brexit. An acrimonious departure could create uncertainty all over Europe.

2 weeks ago

EasyJet Soars Above Brexit Black Clouds

EasyJet Soars Above Brexit Black Clouds

Patrick Whyte, Skift

Companies have had a couple of years to get used to the idea that the UK is leaving the European Union. The biggest problem they still have is knowing the exact relationship between the two come next March. EasyJet thinks it is in good shape whatever happens.

4 weeks ago

Corporate Hotel and Air Business Remains Strong, But for How Long?

Corporate Hotel and Air Business Remains Strong, But for How Long?

Andrew Sheivachman, Skift

Corporate business remains strong for both hotels and airlines despite ongoing trade wars around the world. This seems unlikely to hold up in 2019.

4 weeks ago

Brexit Dampens UK Airline Jet2’s Optimism

Brexit Dampens UK Airline Jet2’s Optimism

Patrick Whyte, Skift

Jet2 has big ambitions for its leisure travel division and Brexit, plus other factors, have the potential to derail things. It makes planning for the future very difficult.

1 month ago

Eventbrite Sees Revenue Soar in Earnings Debut

Eventbrite Sees Revenue Soar in Earnings Debut

Andrew Sheivachman, Skift

Eventbrite is still losing money as it grows, but now has strong revenue growth and plenty of cash to spend while getting back on track. The state of the booming global events business is a big help.

1 month ago

Avis’ Misplaced Optimism in Europe Muddles Car Rental Recovery

Avis’ Misplaced Optimism in Europe Muddles Car Rental Recovery

Andrew Sheivachman, Skift

Car rental companies are preparing for the future of mobility, even as their recovery continues to be a slow process. Renting a car remains mostly annoying but the experience will improve soon thanks to apps and more customer-centric design.

1 month ago

Disney CEO Still Bullish on China Despite Shanghai Park Slump

Disney CEO Still Bullish on China Despite Shanghai Park Slump

Hannah Sampson, Skift

Disney had to lower ticket prices to boost attendance at its two-year-old Shanghai park, but that's not the story at most properties around the world. The company saw its overall theme park revenue jump 9 percent in its fiscal fourth quarter.

1 month ago

Norwegian Cruise Is Trying to Luxe Up Its Mass-Market Line

Norwegian Cruise Is Trying to Luxe Up Its Mass-Market Line

Hannah Sampson, Skift

Norwegian Cruise Line Holdings keeps trying new ways to get higher-spending passengers on board. Quarterly results show the efforts are working so far.

1 month ago

Choice Hotels Sees Room Revenue Hurt by Hurricane Florence

Choice Hotels Sees Room Revenue Hurt by Hurricane Florence

Deanna Ting, Skift

The bigger question the hotel industry is no doubt asking itself is this: Was this third quarter just a one-off? Or was it a sign of tougher times to come?

1 month ago

Ctrip Expects Rising Costs to Nibble at Its Margins

Ctrip Expects Rising Costs to Nibble at Its Margins

Sean O'Neill, Skift

Ctrip's revenue growth has remained in line with forecasts, but its costs are rising. More interestingly, the online travel giant has branched out into hotel management by providing data services and marketing support to franchisees for a new brand, Rezen.

1 month ago

TripAdvisor Reduced Its Google Spend But Will Expand TV Advertising

TripAdvisor Reduced Its Google Spend But Will Expand TV Advertising

Dennis Schaal, Skift

Google officials aren't losing any sleep over TripAdvisor spending a few million dollars less on paid search, but TripAdvisor's pullback, as well as similar moves by other large travel players, symbolizes a changing advertising climate and a long-term challenge.

1 month ago

Despegar Aims to Be Less Dependent on Argentina’s Travel Market

Despegar Aims to Be Less Dependent on Argentina’s Travel Market

Sean O'Neill, Skift

No one saw that Argentina's economy would take such a bad turn this year. But Despegar, based in Buenos Aires, is making moves to weather the storm after its market valuation has been slashed in half.

1 month ago