Articles tagged “earnings”

Carnival Expects a Strong Year Despite Tensions in Asia

Carnival Expects a Strong Year Despite Tensions in Asia

Hannah Sampson , Skift

Carnival Corp. is seeing strong demand and a willingness to pay more in its key markets. That's good news for the company and the industry in general, but China will warrant close attention if the dispute with Korea is not resolved quickly.

18 hours ago

Priceline Says It Won’t Get Bogged Down by Acquisitions, Like Expedia Did

Priceline Says It Won’t Get Bogged Down by Acquisitions, Like Expedia Did

Dennis Schaal, Skift

The Priceline Group will consider various strategies to further its priority of increasing its lodging supply. The reason? The more choice, the better the conversion rates of lookers into bookers. When people tell you Airbnb won't ever get into selling hotel rooms, then consider the lessons Priceline has learned about adding rooms.

4 weeks ago

Accor CEO: We Want to Transform the Way Everyone Uses Hotels

Accor CEO: We Want to Transform the Way Everyone Uses Hotels

Deanna Ting, Skift

Deal by deal, AccorHotels is taking bold steps to bring the traditional hotel company into the future and its newest pilot is absolute proof of that.

1 month ago

Norwegian Cruise Line Is Already Planning a Second Ship for China

Norwegian Cruise Line Is Already Planning a Second Ship for China

Hannah Sampson, Skift

Like other cruise lines, Norwegian is thinking far into the future when it comes to China. Will the fledgling market keep up with the supply growth?

1 month ago

Qantas’ Profit Dips Amid Overseas Competition

Qantas’ Profit Dips Amid Overseas Competition

Angus Whitley, Bloomberg

It may not have been a record second half of 2016 for Qantas, but the carrier is in far better financial condition than its main domestic rival, Virgin Australia. Qantas CEO Alan Joyce has done a fine job turning around the airline in less than three years.

1 month ago

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 Ting, 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.

1 month 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.

1 month 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.

1 month 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.

1 month 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.

1 month 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.

1 month 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 month ago