Travel Industry Earnings Coverage

Sabre's management must have seen this quarter's sales slowdown coming. After all, the company's prior management had underspent in the research and development work necessary to keep its sales growth humming. Sabre's new leaders have been investing in its long-term growth, but the payoff in sales growth may take awhile.

It's easy for hotel chains to spend time and resources on their highest loyalty spenders. But there is plenty of money to be had at the other end of the tier as well.

Merlin's determination to focus on the long-term potential of the company is probably one of the reasons it is keen to escape the glare of the public markets.

The hotel group remains confident the international conflict will pass, as it commits resources to expanding in Asia.

Amadeus deserves credit for making strides in reducing its dependence on its original core business of airline distribution. Few companies in any industry succeed in diversifying. But work remains to be done. Plus, the company may not be doing enough to capture Asia's potential as a market.

Under newish CEO Ben Smith, Air France-KLM has improved its relationship with its unions. This new agreement will make it much easier for its French unit in particular to compete with low-cost rivals.

The past year has been a horror show for India's aviation sector. So MakeMyTrip deserves kudos for continuing to grow its air ticketing and overall sales despite the upheaval. But executives deserve criticism for the company's relentless unprofitability.

Lufthansa had it pretty easy in its home market for a long time, but sustained low-cost competition has come at a bad time. It will be hoping a revamped Eurowings is enough to see off EasyJet and Ryanair.

When Expedia Group acquired HomeAway, now renamed Vrbo, in 2015, officials obviously knew they weren't getting an Airbnb. Still, they may have obtained less than they bargained for because the journey so far has been very bumpy.

When United Airlines President Scott Kirby joined in 2016, he promised he'd boost share at Newark. Now Southwest is pulling out of Newark, citing a tough environment. Think this is a coincidence?