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.
Media and PR
Yelp cites Apple partnership as driving force in first quarter revenue growth
Yelp upped its marketing to entice local advertisers to ante up. Relatively few are advertising, which is either a huge opportunity for Yelp, or a sign of its shortcomings.
Hotels
Marriott boosts first quarter profits based on rate increases and group business
Marriott saw the return of group business, a healthy sign, while Hyatt experienced weak demand for groups. Hey, Hyatt, we think Marriott may be taking your groups.
Hotels
Hyatt Q1 profits fall 20 percent as demand for group bookings slip in U.S.
First quarter growth has been inconsistent among U.S. hotel brands with several beating analysts’ expectations, and others like Hyatt citing weak demand as the continued cause of their depressed profits.
Ground Transport
Hertz Q1 revenue rises 24 percent on quick lucrative Dollar Thrifty integration
Car rental revenue and daily rates climbed in the U.S. in the first quarter as consolidation, such as Hertz's Dollar Thrifty acquisition, lightened the competitive dynamics.
Hotels
Snoozebox's pop-up hotel bubble pops as losses triple & CEO leaves
The prefab hotel niche at music and sports events isn't a bad one, it just needs a good pipeline and solid collections mechanism considering the ad hoc nature of the business. Snoozebox is learning to grow up, after a great 2012 IPO.
Cruises
Royal Caribbean first quarter profit jumps as passengers spent more on booze
The Carnival Triumph fiasco had an adverse affect on rival Royal Caribbean's performance in the first quarter. However, Royal Caribbean says it performed well despite "recent adverse industry media coverage."
Airlines
Hawaiian Airlines loses $17.1 million in first quarter and trims some routes
Hawaiian Airlines has been aggressively expanding flights to Asia and will cut back on less-profitable routes in the U.S.; a surprising example that highlights shifting travel trends.