Articles tagged “financials”

Hotels

Hotel Groups Deploy Swelling Cash Piles With Varied Playbooks

The big hotel groups sit on a $7 billion cash pile. How they use it, whether it's to acquire properties, improve their offerings, or buy back stocks, will shape their futures.

Sean O'Neill | 1 month ago
Hotel Groups Deploy Swelling Cash Piles With Varied Playbooks

Tourism

Meeting the High Expectations of the Gen Z Traveler: New Report

When predicting current and future trends, everyone in the travel industry has their eyes on Gen Z travelers, and, boy, are they demanding.

Mary Ann Ha | 3 months ago
Meeting the High Expectations of the Gen Z Traveler: New Report

Tourism

U.S. Travelers More Concerned About Costs Than Covid for First Time Since Pandemic

Americans are now saying that financial factors trump health and safety worries when it comes to travel decision-making. While some are staying home because they can't afford it, those determined to travel are finding ways to work around higher prices.

Mary Ann Ha | 4 months ago
U.S. Travelers More Concerned About Costs Than Covid for First Time Since Pandemic

Online Travel

Airbnb and Booking: 12 Takeaways From Their Annual Financial Reports

Airbnb went deep while Booking Holdings went wide in terms of product development in 2021. Airbnb assuredly will get back to broadening its product line, if not in 2022, then later.

Dennis Schaal | 7 months ago
Airbnb and Booking: 12 Takeaways From Their Annual Financial Reports

Online Travel

Tripadvisor Plus Is Case Study in Online Travel Hype

Less than a year ago, a Tripadvisor pitch deck about Tripadvisor Plus touted its "multibillion dollar revenue potential." Despite the company expressing confidence in Plus when it scrapped its business model in September, Tripadvisor admitted last week "we haven't found the product-market fit that we're looking for."

Dennis Schaal | 7 months ago
Tripadvisor Plus Is Case Study in Online Travel Hype

Short-Term Rentals

AvantStay Creates a $500 Million Fund for Investing in Short-Term Rentals

Nothing underscores how mainstream vacation rentals have become as seeing institutional investors get in on the action.

Sean O'Neill | 7 months ago
AvantStay Creates a $500 Million Fund for Investing in Short-Term Rentals

Coronavirus

Why 2021 Is the Year of the Travel IPO

So far this year, a dozen travel companies went public or made plans to do so. A couple of them may shine. But the odds are stacked against this year's IPOs, on average, over the long term. Find out why.

Sean O'Neill, Skift | 1 year ago
Why 2021 Is the Year of the Travel IPO

Hotels

Airbnb Well-Positioned Versus Peers Despite Pandemic Setback, IPO Filing Reveals

Despite the Covid-19 hit, Airbnb stands above its fellow travel rivals due to its ability to continue to book sales during the crisis and turn those stays into cash flow.

Seth Borko and Dennis Schaal, Skift | 2 years ago
Airbnb Well-Positioned Versus Peers Despite Pandemic Setback, IPO Filing Reveals

Hotels

Is Airbnb’s Stock Market Debut in 2020 Still On Track?

Sporting some red ink in its financial results doesn't spell doom and gloom for Airbnb's prospects of going public in 2020. On the other hand, the question for employees and investors becomes — at what valuation?

Dennis Schaal, Skift | 3 years ago
Is Airbnb’s Stock Market Debut in 2020 Still On Track?