Articles tagged “earnings”

IHG CEO: Our Focus Is on Building Up the Brands We Have

IHG CEO: Our Focus Is on Building Up the Brands We Have

Deanna Tng, Skift

Unlike some of its peers, IHG isn't quite as interested in acquiring new brands as it is in further developing the brands and properties it already has, as well as improving overall growth and quality for the long run.

18 hours ago

Hong Kong Disneyland Earnings Drop in Tandem With Tourism Numbers

Hong Kong Disneyland Earnings Drop in Tandem With Tourism Numbers

Associated Press

Disney can afford to play the long game with its partner in Hong Kong. Now it just needs the tourists to play along.

3 days ago

Choice Hotels Mulls Options for a Tech Division That Struggled to Break Even

Choice Hotels Mulls Options for a Tech Division That Struggled to Break Even

Sean O'Neill, Skift

Choice talks a good game about its SkyTouch subsidiary. But signs point to continued heartache. Expect the franchisor to focus instead on the vacation rental software it gained by acquiring Dutch startup Maxxton plus its own reservation system.

6 days ago

Marriott CEO Says U.S. Travel Ban Financial Impact Is Minor, But May Deter Groups

Marriott CEO Says U.S. Travel Ban Financial Impact Is Minor, But May Deter Groups

Andrew Sheivachman, Skift

Companies like Marriott International, with its strong global presence, are in a good position to capitalize on hotel demand that may shift away from the U.S. due to political concerns.

6 days ago

TripAdvisor Rethinks Marketing as It Tries to Solve Instant Booking Problems

TripAdvisor Rethinks Marketing as It Tries to Solve Instant Booking Problems

Dennis Schaal, Skift

TripAdvisor became the largest travel site in the world based on its high profile in free search results. But Google has become a hyper-monetized marketplace and TripAdvisor's competitors have the resources to grossly outspend it in digital marketing.

7 days ago

Hilton CEO: Spinoffs Have Freed Us Up for Organic Growth, More Direct Bookings

Hilton CEO: Spinoffs Have Freed Us Up for Organic Growth, More Direct Bookings

Deanna Ting, Skift

For Hilton, focusing on building direct customer relationships, improving loyalty, and launching new brands will always be top priorities, at least for this year.

7 days ago

To Generate $1 Billion in New Revenue TUI Looks to New Markets and Bigger Ideas

To Generate $1 Billion in New Revenue TUI Looks to New Markets and Bigger Ideas

Patrick Whyte, Skift

TUI’s target is very ambitious and five years doesn’t seem like enough time to develop and expand into countries where it does not have the brand recognition.

1 week ago

Rezidor Hotels Points to Terrorism and Oil Prices as Earnings Wane

Rezidor Hotels Points to Terrorism and Oil Prices as Earnings Wane

Patrick Whyte, Skift

While Rezidor is still suffering from the impact of terrorism, its outlook is likely to improve if and when it is taken over by Chinese conglomerate HNA Group, which would undoubtedly help it capture a bigger slice of the tourism market.

2 weeks ago

Expedia Still Bullish on Orbitz Despite Missteps

Expedia Still Bullish on Orbitz Despite Missteps

Sean O'Neill, Skift

In the long-run, Expedia will have gained by acquiring Orbitz because of its brand recognition, effective loyalty program, and list of corporate deals. CEO Dara Khosrowshahi is especially optimistic about taking Orbitz's private label functionality and bringing it to the flagship Expedia brand later this year.

2 weeks ago

Expedia CEO Defends His Portfolio Despite Rivals’ Recent Acquisitions

Expedia CEO Defends His Portfolio Despite Rivals’ Recent Acquisitions

Dennis Schaal, Skift

Expedia's CEO says his company has momentum moving into 2017, although we heard him express similar sentiments over the last two quarters and any surge wasn't particularly noticeable. This will likely be another transition year as Expedia's HomeAway gets more digital and Trivago feels its oats as a public company.

2 weeks ago

Despite Spain’s Strength Thomas Cook Targets Greece for Tourism Growth in 2017

Despite Spain’s Strength Thomas Cook Targets Greece for Tourism Growth in 2017

Patrick Whyte, Skift

While it's good news for Greece that bookings are on the rise, the struggle to find value in Spain shows just how difficult a summer it might be for European tour operators. Thomas Cook's cautious outlook hints at gloomier times ahead.

2 weeks ago

Attendance Is Down at Disney’s U.S. Parks But New Attractions Are on the Way

Attendance Is Down at Disney’s U.S. Parks But New Attractions Are on the Way

Hannah Sampson, Skift

Theme parks were the best performers during the first fiscal quarter despite some attendance declines, and Disney has a pipeline of new openings in the coming years that should keep the segment comfortably in positive territory.

2 weeks ago