JetBlue Sells Venture Capital Arm in Bid to Boost Profitability
JetBlue CEO Joanna Geraghty said selling off the company’s venture capital arm would allow it to “focus on our core operations.”
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.
Airlines Are Counting on Premium Even More – and 3 Other Takeaways From Earnings Reports
Airlines are pulling their 2025 outlooks and are even more bullish on premium travel as domestic demand weakens in response to economic uncertainty.
Airbnb Reports ‘Softness,’ Looks to International and Hotels to Get Growth Mojo Back
Airbnb also plans to invest into its relaunched Experiences business as a growth driver. "On May 13, Airbnb will go beyond places to stay," it stated.
Hyatt CEO: ‘Softer Booking Trends’ and ‘Choppy Environment’
Hyatt says its luxury hotels are still packed, and so are its all-inclusive resorts. But business travelers have been cutting back.
Premier Inn Converts Pubs to Hotels to Offset Revenue Decline
Whitbread is pushing ahead with its room expansion strategy, despite missing profit targets and weaker UK demand.
Wyndham Cuts Growth Forecast, Hopes for Infrastructure Boom and ‘Short-Lived’ Uncertainty
Wyndham CEO Geoff Ballotti said recent "uncertainty could be relatively short-lived." He highlighted a potential boom from Trump administration spending on "big beautiful highways" and "big beautiful bridges."
Trivago’s Turnaround Is Kicking In as Growth Accelerates
Trivago's growth is has been boosted by its global brand marketing campaign, and it plans to ramp up ad spend.
JetBlue Is Negotiating a Partnership With United Airlines: Reuters
JetBlue said earlier on Wednesday that it was expecting to make an announcement on a domestic partnership in the coming weeks.
Booking Exec Says We’re ‘Agnostic’ on Canadians Picking Mexico Over the U.S.
The advantage of Booking Holdings' size and wide geographic footprint is that a problem in one region might be balanced by gains in another. That means being agnostic can be part of the strategy.
Hilton Plans up to 3 New Brands Despite Trimming Growth Forecast
Hilton's latest results suggest travelers aren't hitting the brakes yet. The hotel giant maintained its optimistic outlook despite lingering economic uncertainties, particularly in the vital business travel segment.