Articles tagged “earnings”

Skyscanner Deal Is Starting to Work Out For Ctrip

Skyscanner Deal Is Starting to Work Out For Ctrip

Sean O'Neill, Skift

Skyscanner is boosting Ctrip's margins, and Skyscanner's new instant booking service shows promise as a way to propel future growth.

3 weeks ago

Ctrip Makes Offline Store Push in China as Its Profit Margins Rise

Ctrip Makes Offline Store Push in China as Its Profit Margins Rise

Sean O'Neill, Skift

Ctrip is betting on 6,000 franchise shops to take aim at cities where most travel shopping happens offline. At the same time, it hopes to increase its operating margins to Priceline-like levels. The two initiatives don't necessarily collide since Ctrip doesn't own the real estate or pay labor costs for the offline shops.

3 weeks ago

Uber Claims It Only Lost $645 Million Last Quarter

Uber Claims It Only Lost $645 Million Last Quarter

Eric Newcomer, Bloomberg

Uber is desperate for good news these days, which is an excellent reason to doubt any news coming out of the company.

4 weeks ago

Cathay Pacific Reports Worst First-Half Loss in Two Decades

Cathay Pacific Reports Worst First-Half Loss in Two Decades

Dong Lyu, Kyunghee Park, and Daniela Wei, Bloomberg

Cathay Pacific has too much capacity and too high of a cost structure given dropping fares on many routes. Some analysts float the idea of a takeover by Air China.

1 month ago

Hilton CEO Looks to Airbnb as Hedge Against Power of Expedia and Booking.com

Hilton CEO Looks to Airbnb as Hedge Against Power of Expedia and Booking.com

Deanna Ting, Skift

In some cases, the hotel-online travel agency relationship is still a tense situation, but for most big hotel companies, it's still business as usual.

1 month ago

Norwegian Cruise CEO Says Cuba Sailings Are Selling Strong

Norwegian Cruise CEO Says Cuba Sailings Are Selling Strong

Hannah Sampson, Skift

Norwegian's results are more evidence that the cruise industry is booming despite the downturn in the up-and-coming China market. By using language like "the stars aligned," however, executives sound like they're trying to lower expectations that the good luck will stick around.

1 month ago

Disney Isn’t Seeing Much Impact From Avatar Land Just Yet

Disney Isn’t Seeing Much Impact From Avatar Land Just Yet

Hannah Sampson, Skift

Disney has a strong lineup of coming attractions at its theme parks in the U.S., but we'd like to know how the newest addition is doing. Executives didn't provide much detail in a call with analysts Tuesday.

1 month ago

TripAdvisor Aims to Keep Up Its TV Ad Blitz to Lift Its Sagging Hotel Business

TripAdvisor Aims to Keep Up Its TV Ad Blitz to Lift Its Sagging Hotel Business

Sean O'Neill, Skift

TripAdvisor plans to spend more than $35 million on TV ads between July and September to boost its business. Brand advertising can help the company although it is a very competitive environment.

1 month ago

SeaWorld Is Still Tanking as Public Perception Problems Return

SeaWorld Is Still Tanking as Public Perception Problems Return

Hannah Sampson, Skift

SeaWorld said a lot during this call after a dismal quarter, but equally interesting is what the company didn't address. We wonder if higher spending on advertising will help the operator address the issues that have resurfaced — and what it will do if not.

1 month ago

Trivago Urges Independent Hotels to Get More Involved in Digital Marketing

Trivago Urges Independent Hotels to Get More Involved in Digital Marketing

Sean O'Neill, Skift

Public companies rarely take on projects where the benefits may not appear for years to come. So kudos to Trivago for risking that with its marketing tools for hotels. That said, the effort is still a risk.

2 months ago

Hyatt Makes Nice With Expedia But Still Talks Up Direct Booking

Hyatt Makes Nice With Expedia But Still Talks Up Direct Booking

Deanna Ting, Skift

Expect Hyatt to delve even deeper into more of those adjacent spaces going forward.

2 months ago

Five Takeaways From Choice Hotels’ Second Quarter Earnings Call

Five Takeaways From Choice Hotels’ Second Quarter Earnings Call

Deanna Ting, Skift

Choice Hotels' message to investors? "Don't worry. We got this."

2 months ago