Earnings tips

Marriott: U.S. Market Is Cooling Amid Global Hotel Boom - skift.com - China - Canada - Marriott
skift.com
01.05.2024

Marriott: U.S. Market Is Cooling Amid Global Hotel Boom

Marriott raised its forecast for 2024 profitability on Wednesday after predicting continued travel demand worldwide. But analysts spent the earnings call focused on travel booking behavior in the U.S., where post-pandemic domestic demand may be cooling.

Yatra Launches AI-Powered Expense Management Solution for Small Businesses - skift.com - India - county Summit - New York, county Summit
skift.com
31.05.2024

Yatra Launches AI-Powered Expense Management Solution for Small Businesses

Online travel agency Yatra is working to expand its corporate share and enhancing its services to expand its total market, CEO Dhruv Shringi said on Friday.

Viking Cruises Earnings: Bets on 55+ Demo, Vague on Forecasts - skift.com
skift.com
30.05.2024

Viking Cruises Earnings: Bets on 55+ Demo, Vague on Forecasts

Viking on Wednesday provided its first earnings report since its IPO earlier this month. The company, which operates 92 luxury river and ocean cruises, gave a broadly upbeat report.

EaseMyTrip to Focus on Growing Its Non-Air Business - skift.com - India
skift.com
25.05.2024

EaseMyTrip to Focus on Growing Its Non-Air Business

Indian online travel company EaseMyTrip will be focusing on growing its non-air business in fiscal 2025, Prashant Pitti, its co-founder, said during an earnings call Friday. 

IndiGo is Launching Business Class - Here's What We Know - skift.com - Britain - India - Malaysia
skift.com
23.05.2024

IndiGo is Launching Business Class - Here's What We Know

India’s largest airline has announced a radical shake-up of its operating model. IndiGo says it will debut a business class product by the end of this year.

Minor Hotels Aims to Expand Portfolio by a Third by 2027 - skift.com
skift.com
20.05.2024

Minor Hotels Aims to Expand Portfolio by a Third by 2027

Minor Hotels reported first-quarter results, reaffirming its plans to add 200 hotels worldwide by the end of 2026 — a 36% increase in its portfolio.

Despite Boeing Setbacks, TUI Delivers Record Revenues - skift.com - Spain - Germany - Britain
skift.com
15.05.2024

Despite Boeing Setbacks, TUI Delivers Record Revenues

TUI, one of Europe’s largest tourism companies, detailed the operational challenges posed by ongoing Boeing delivery delays during an earnings call on Wednesday.

Soho House Check-Up Months After Dire Report - skift.com
skift.com
10.05.2024

Soho House Check-Up Months After Dire Report

Soho House’s share price closed Friday up 3%, with investors modestly liking what the membership club operator had to say about its recent performance.

Hyatt Signals Strength in Business Travel, Loyalty, All-Inclusives - skift.com - city Chicago
skift.com
10.05.2024

Hyatt Signals Strength in Business Travel, Loyalty, All-Inclusives

Hyatt reported results for the first few months of the year, highlighting the hotel group’s growth amid broad resilience across the travel sector.

Vacasa Told Employees About Layoffs, Restructuring and Leadership Changes - skift.com - county Hall
skift.com
09.05.2024

Vacasa Told Employees About Layoffs, Restructuring and Leadership Changes

The CEO of property management company Vacasa wrote to employees today that there would be a “significant restructuring of the company” and layoffs because the vacation rental market is “in for another difficult year.”

Airbnb's customers keep complaining about the costs compared to hotels. The company seems to be listening. - insider.com
insider.com
09.05.2024

Airbnb's customers keep complaining about the costs compared to hotels. The company seems to be listening.

When Airbnb started, CEO Brian Chesky said its tagline "was a cheap, affordable alternative to a hotel" — but customers aren't finding it so cheap anymore.

Airbnb International Expansion: 'We Are Ready to Step on the Gas' - skift.com - Spain - Netherlands - Germany - France - Italy - Switzerland - Australia - Japan - Britain - Brazil - China - Mexico - Canada - South Korea - India
skift.com
08.05.2024

Airbnb International Expansion: 'We Are Ready to Step on the Gas'

Airbnb execs have used the phrase “expanding beyond the core” to mean launching new products and services for guests and hosts, and also their hope to lift growth beyond the company’s main five markets: The U.S., Canada, UK, Australia, and France.

Choice Hotels Boosts Pipeline and Profit - skift.com
skift.com
08.05.2024

Choice Hotels Boosts Pipeline and Profit

Choice Hotels International said Wednesday that its global pipeline grew in the first months of the year, particularly for the development of conversion hotels.

Tripadvisor Rules Out a Merger for Now - skift.com - county Liberty
skift.com
08.05.2024

Tripadvisor Rules Out a Merger for Now

Tripadvisor stated this morning that a merger is not in the works for now.

Amex Global Business Travel Sees Big Gains From Tech Customers - skift.com - Usa
skift.com
08.05.2024

Amex Global Business Travel Sees Big Gains From Tech Customers

Much of the discussion about business travel revolves around large corporations that have strict managed-travel policies. They require employees to book trips through sanctioned tools and at hotels and airlines that give corporations volume discounts.

Marriott Vacations Worldwide Sees Growth Except in West Maui - skift.com - county Maui
skift.com
08.05.2024

Marriott Vacations Worldwide Sees Growth Except in West Maui

Marriott Vacations Worldwide found strong demand for timeshares at its destinations in the first months of the year — except in Western Maui, which continued its slow recovery from last August’s wildfires.

IHG Talks Hotel Growth Opportunity in Germany - skift.com - Germany
skift.com
03.05.2024

IHG Talks Hotel Growth Opportunity in Germany

InterContinental Hotels Group (IHG) predicted Friday that a recent deal would effectively double its presence in Germany and provide a foothold for stronger growth.

Expedia Trims Outlook on Slow Vrbo Performance - skift.com
skift.com
02.05.2024

Expedia Trims Outlook on Slow Vrbo Performance

Expedia Group trimmed its 2024 outlook for growth on Thursday mainly because of a slower-than-anticipated recovery at Vrbo, its vacation-rental booking brand.

Booking Holdings Sees Modest 'Connected Trip' Gains - skift.com
skift.com
02.05.2024

Booking Holdings Sees Modest 'Connected Trip' Gains

Booking Holdings has been engaged in building a “connected trip” — where travelers might book a flight accommodation and attraction on Booking.com — over the past few years.

Airbnb CEO Brian Chesky Reveals Its Big Plans - skift.com - Usa - Saudi Arabia - county Summit - city Riyadh, county Summit
skift.com
02.05.2024

Airbnb CEO Brian Chesky Reveals Its Big Plans

Good morning from Skift. It’s Thursday, May 2. Here’s what you need to know about the business of travel today.

Trivago Pulls Marketing Investments out of Latin America After Brand Campaign Letdown - skift.com - Germany - Eu - Brazil - Mexico - Colombia - Chile - Peru - Uruguay - Argentina - Ecuador
skift.com
01.05.2024

Trivago Pulls Marketing Investments out of Latin America After Brand Campaign Letdown

Trivago’s first AI-infused TV ad didn’t play well in Latin America so the Germany-based hotel price comparison site curtailed marketing investments in the region.

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