Earnings tips

Royal Caribbean Group said Thursday that customers are booking cruises at record levels despite higher prices – and that the trend should continue.

American Airlines CEO Robert Isom outlined numerous steps the airline is taking to “course correct” after abandoning a direct distribution strategy it embarked on in 2023.

Wyndham Hotels & Resorts said Thursday that its recent technology investments have helped keep profits flowing to the bottom line, even as traveler demand for the hotel group’s core economy segment moderates.

Accor reported strong results for the first half of the year Thursday, and pointed to promising bookings trends for the second half.

Southwest reported a major decline in its profits for the second quarter as it announced that it will roll out premium seating in a bid to boost its declining revenues. 

American Airlines’ profits dipped significantly in the second quarter as it seeks to recover from a controversial distribution strategy that led to the departure of its chief commercial officer. 

India’s rising middle class and higher disposable income have boosted spending on discretionary services, while the growing lower middle class has bolstered domestic travel, said Rajesh Magow, group CEO of MakeMyTrip, during an earnings call on Tuesday.

The Indian Hotels Company Limited (IHCL) is diving into the branded residences market with its first Taj Branded Residences in Chennai.

Scandic Hotels Group reported results for the first-half of the year, and the operator of about 280 hotels is now targeting expansion through its Scandic Go brand and conversions of office buildings.

Ixigo, an Indian online travel agency, launched its IPO last month, witnessing an overwhelming demand that saw investors applying for about 98 times the number of shares offered. As the company continues to grow, one of its standout strategies is its decision to maintain multiple apps instead of consolidating them into a single comprehensive app.

Carnival Corp., the world’s largest cruise operator, reported record future bookings in the second quarter. It signaled robust demand for cruise travel in 2025 despite broader economic uncertainties.

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 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.

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. 

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

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

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

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.”

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