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Articles tagged “earnings”

Carnival Corp. Says Its Cruise Business Is Strong, Even in Europe

Carnival Corp. had a strong quarter at a time when some competitors struggled, but questions will remain about how quickly the industry is growing in China.

18 hours ago

Lastminute.com Group Buying Spree Won’t Be Over for Awhile

CEO Fabio Cannavale has spent the last few years snapping up companies across Europe and as the company looks to supplement its online travel agency model with a media/advertising business, expect to see more deals in the near future.

2 weeks ago

Chinese Online Booking Giant Ctrip Readies Itself for Global Expansion

Like Chinese travelers, Ctrip is breaking out of its domestic shell and looking to become much more of an international player. There is vast potential for Ctrip still to take advantage of in China and then there is a whole wide world out there too as it begins to service customers outside of China. But can the company tackle both ambitions simultaneously? Ctrip has great partners -- 16,000 of them, actually -- to assist but the partners may also turn out to be formidable competitors, as well.

4 weeks ago

Expedia Raises Dividend Despite Q2 Wobbles

By increasing its dividend, Expedia management has put its money where its mouth is in expressing confidence about the future of the company. The takeaway: Expedia officials believe its second quarter stumble was an aberration.

1 month ago

Gol Continues to Feel Pressure From Brazil’s Air Travel Slump

As Brazil's economy continues to struggle so too does Gol. It's hard to see the airline turning things around until business and tourist demand starts to rise.

1 month ago

LATAM Airlines Group Posts Loss as Qatar is Poised to Take a Stake

LATAM Airlines Group has so much exposure to Brazil that its second quarter loss hardly comes as a surprise.

2 months ago

TUI’s Asset-Heavy Business Model Is Helping It Deal With a Tough Environment

Having managed to shift capacity westwards from the trouble spots in the Middle East and North Africa, TUI Group now looks in a good position to capitalise on the continued desire of Europeans to travel.

2 months ago

Yelp Makes a Profit and Beats Estimates as Stock Takes Off

Yelp has a tremendous opportunity in local advertising but there is also intense competition. One big caution is that half of Yelp's traffic comes from Google and that makes it way too dependent on a company which isn't exactly a fan.

2 months ago

Expedia and Priceline CEOs on Messaging Apps: ‘So Far So Good’

There's so much excitement and anticipation around messaging and artificial intelligence that Priceline and Expedia CEOs' remarks remind us that this emerging technology is still too new to gauge regarding potential success. Still, CEOs of both companies seem pleased with how messaging has performed so far.

2 months ago

Air Berlin Struggles With Fleet Change And Currency Movement

Air Berlin is going through a period of massive upheaval so the poor performance doesn't come as a shock. It will be interesting to see whether a "far-reaching transformation" can truly turn things around.

2 months ago

Disney’s Domestic Parks Had Lower Attendance, But They Still Made a Ton of Money

Disney is not immune to the worries of the world — its Paris theme park is struggling and the strong dollar is keeping some international visitors from coming to the U.S. properties — but the company had a robust quarter nonetheless.

2 months ago

Norwegian Cruise Line has a Big Europe Problem

Cruise line executives trumpet the benefits of global deployment: When one part of the world is having trouble, other regions tend to improve. Unfortunately for Norwegian Cruise Line Holdings, the biggest markets are struggling at the same time.

2 months ago