Articles tagged “earnings”

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.

3 days 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.

5 days 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?

1 week 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.

1 week ago

Booking Holdings Sacrifices Growth for Profit

Booking Holdings Sacrifices Growth for Profit

Sean O'Neill, Skift

The online travel titan faces a reality check after years of extraordinary growth. Booking Holdings forecast that third-quarter growth in its accommodation room nights booked rate would be between 6 percent and 9 percent, well below the 20 percent range typical in the past.

1 week ago

Tourism Giant TUI Group Bears Up Under European Heat and Maintains Sunny Outlook

Tourism Giant TUI Group Bears Up Under European Heat and Maintains Sunny Outlook

Patrick Whyte, Skift

Just like Ryanair in the airline industry, TUI's relative strength means that it is able to weather external factors much better than its rivals.

1 week ago

Choice Hotels Sees Promise of Tax Cuts For Travel, Just Not Yet

Choice Hotels Sees Promise of Tax Cuts For Travel, Just Not Yet

Deanna Ting, Skift

That corporate tax rate has helped companies with their balance sheets, but will those extra dollars actually translate to increased travel?

2 weeks ago

Is a Smarter Car Rental Industry Emerging From Its Funk?

Is a Smarter Car Rental Industry Emerging From Its Funk?

Andrew Sheivachman, Skift

Rumors of the car rental sector's demise may have been greatly exaggerated. Fundamentals have improved for Hertz and Avis, while partnerships with ridesharing companies and autonomous vehicle innovators bring potential for sustained growth.

2 weeks ago

Cathay Pacific Posts Loss as Fuel Prices Start to Bite

Cathay Pacific Posts Loss as Fuel Prices Start to Bite

Bloomberg

A loss is bad news for Cathay Pacific and will cast fresh doubts on whether the airline can successfully turn itself around.

2 weeks ago

Disney’s U.S. Parks Got a Boost From Consumers Spending More on Everything

Disney’s U.S. Parks Got a Boost From Consumers Spending More on Everything

Hannah Sampson , Skift

Disney's parks and resorts segment got help from domestic parks, where customers spent more to get in, eat, shop, and sleep. With new expansions opening next year, expect that revenue to keep on rising.

2 weeks ago

High Fuel Prices Weigh on Cathay Pacific’s Recovery

High Fuel Prices Weigh on Cathay Pacific’s Recovery

Bloomberg News, Bloomberg

Rising fuel prices are bad news for most airlines. We'll find out soon enough whether Cathay Pacific is strong enough to cope with the new environment.

2 weeks ago

Free Beer Is Helping SeaWorld Recapture Some of Its Crowds

Free Beer Is Helping SeaWorld Recapture Some of Its Crowds

Hannah Sampson , Skift

SeaWorld is rebounding, with higher attendance and revenue than a year ago. Will it last? And how much free beer will the continued recovery take?

2 weeks ago