Page 123

Travel Industry Earnings Coverage

Don’t miss out on Skift’s in-depth coverage of earnings reported by public travel companies, including online travel agencies, hotel brands, airlines, and technology companies. Our earnings stories cut through the numbers to explain what’s really happening at companies and within the industry as a whole.

Ground Transport

Hertz reaches record-breaking revenue for car rentals in the third quarter

Hertz has reported revenue growth for the past seven quarters and suspects its substantial revenue growth will be boosted by its acquisition of Dollar Thrifty.

Hertz reaches record-breaking revenue for car rentals in the third quarter

Cruises

Norwegian Cruise Line still sailing strong after a year of setbacks

Norwegian grew its fleet in Europe this summer despite the economic atmosphere and has at least four deliveries on deck, but higher rates helped increase earnings in proportion to its capacity.

Norwegian Cruise Line still sailing strong after a year of setbacks

Hotels

Hyatt misses earnings on weak DC and international markets

The rest of the year and quarter will see slower North American and international growth for Hyatt, and that'll continue to put pressure on its stock.

Tourism

Six Flags’ earnings are up as Americans are more likely to visit theme parks than national parks

Americans on a budget are trying to get the most value for their money seen by an increase in season pass sales, but summer tourism – the parks’ busiest season – also boosted earnings.

Six Flags’ earnings are up as Americans are more likely to visit theme parks than national parks

Airlines

After a very bad summer United Airlines wants you to know its ready to be better

United has a very long way to go to regain customer confidence, but the airline appears to be making some strides.

Airlines

Ancillary fees boost Allegiant Air’s earnings despite drop in airfare and passengers

Route additions, vacation packages, and lower fuel costs also boosted earnings, but it was fees for carry-on bags and seat election, which averages $37.05 per passenger, that compensated for Allegiant’s drop in load factor.

Ancillary fees boost Allegiant Air’s earnings despite drop in airfare and passengers

Cruises

Royal Caribbean third quarter revenue is down over last year, still beats expectations

Bookings are almost back from the industry slowdown due to the Costa Concordia accident, and Royal Caribbean expects a strong fourth quarter driven by increased last-minute bookings and decreased costs.

Royal Caribbean third quarter revenue is down over last year, still beats expectations

Hotels

Choice Hotels exceeds earnings and growth expectations in third quarter

A boost of profit from properties recently rebranded under Quality Inn and Comfort Inn led to the strong third quarter and Choice plans to keep the momentum flowing with 435 hotels currently awaiting construction and rebranding by 2015.

Airlines

United Continental profits fall short of expectations as fuel costs impact results

The world’s biggest airline is still streamlining operations following the 2010 merger and the bumpy transition leading to decreased demand, in addition to raising gas prices, is at the heart of the giant’s losses.

Hotels

Starwood takes higher profits as revenue increases

Starwood's gains are based on higher occupancy and room rates, and it's pinning its hopes on a global recovery.