Articles tagged “financials”

Hotels

Indian Hotels Expansion Plans: 2 New Brands Launching, 2 Hotels Opening Every Month

IHCL's strategic focus on Tier 2 and Tier 3 cities indicates a market expansion aligning with India's burgeoning middle class. While this helps meet evolving consumer demands it also ensures that the company grows beyond metropolitan areas.

Indian Hotels Expansion Plans: 2 New Brands Launching, 2 Hotels Opening Every Month

Online Travel

Yatra to Launch Indian IPO on September 15

Is this the beginning of a wave of IPO activity among Indian travel companies? Yatra is set to become the second online travel agency to be listed on the Indian stock exchanges, following EaseMyTrip. Both Ixigo and Oyo are also poised for potential listings, indicating a growing interest in the public markets within the Indian travel sector.

Yatra to Launch Indian IPO on September 15

Travel Technology

Sabre’s Tech Chief Exits Shortly After Major Job Cuts

This is at least the third c-suite exec that has departed over the past year, and it comes as Sabre continues a big tech transformation.

Sabre’s Tech Chief Exits Shortly After Major Job Cuts

Cruises

Royal Caribbean: ‘Exceptionally Strong’ Demand, Lifts Forecast by a Third

While consumer spending was key for Royal Caribbean's first quarter, demand across the board has led the company to its highest-ever revenue in the second quarter.

Royal Caribbean: ‘Exceptionally Strong’ Demand, Lifts Forecast by a Third

Airlines

American Airlines Raises Outlook After Strong Second Quarter Results

While American Airlines' second quarter results were good, they weren't quite good enough for investors after Delta and United set a high bar.

American Airlines Raises Outlook After Strong Second Quarter Results

Hotels

Club Med Aims to Shift Upmarket With New Resorts and Ad Campaign

It's reassuring to see numerous Club Med all-inclusive resorts rebounding post-pandemic and that the company has upgraded many to attract affluent millennial parents. But some experts question its new marketing campaign and strategy.

Club Med Aims to Shift Upmarket With New Resorts and Ad Campaign

Travel Technology

Sabre: Takeaways From Its Annual Financial Report

The way customers interact with Sabre is changing, and the company’s future depends on how it responds to those changes. Sabre in 10 years could look a lot different than Sabre today.

Sabre: Takeaways From Its Annual Financial Report

Airline Weekly

Alaska Airlines’ Exposure to Tech Sector Hits Carrier’s Bottom Line

As goes the tech sector, so goes Alaska Airlines.

Alaska Airlines’ Exposure to Tech Sector Hits Carrier’s Bottom Line

Airline Weekly

Bankrupt SAS Losses Mount Even as It Plans 2023 Expansion

SAS executives say continued losses are part of its restructuring plan. But despite progress on costs, the airline's biggest strategic weakness remains untouched.

Bankrupt SAS Losses Mount Even as It Plans 2023 Expansion

News Blog

Travelzoo Moves To Fund Metaverse Experiences

Travelzoo, a hotel and package deal publisher, said in a financial filing on Tuesday that it would ask its stockholders to approve making a metaverse experiences scouting business a wholly owned subsidiary of Travelzoo. The business, Metaverse Travel Experiences (MTE), is currently wholly owned by Azzurro Capital. The proposed consideration for the issuance of Travelzoo…