Travel Industry Earnings Coverage

After a whopping 20 percent drop in second quarter earnings, Carnival is facing the realization that while itineraries to Cuba might have warranted higher-priced tickets, the political volatility of the Trump administration means they were not a safe bet.

Serko isn't a huge company, but it's finding success selling its Zeno corporate travel tools around the world. We'll find out in 2020 how its international growth strategy truly fares.

The more Ctrip internationalizes its sources of revenue, the more it will cross swords with global players like Booking Holdings, which owns a small stake, and Expedia Group. It already claims to process more transaction volume than both of them, and a third of its revenue comes from outside mainland China.

It's not a great time to be running a European short-haul airline, but EasyJet is trying to make the best of it. While growing its holiday and business travel offerings is probably a smart move, it's difficult to see them making much of a difference if the economic climate keeps getting worse.

MakeMyTrip Group has impressively diversified enough that it forecasts only a minor hit to revenue during the coming year due to the collapse of Jet Airways, a major carrier in India. No wonder Ctrip decided last month to become the company's largest shareholder.

Announcing such a big loss is not a good look for any company, but Thomas Cook management will be hoping they've got all of the bad news out at once and use some breathing space to shore things up.

TUI's global plans are ambitious and bring it into direct competition with strong local online players, but as the CEO said, it only needs a relatively small number of customers to fulfill its needs.

In a tough UK market, online travel's On the Beach is doing better than some others. Still, it remains to be seen how long it can outperform the rest, especially with the general gloom surrounding the United Kingdom.

Russian regulators have put up obstacles to the long-discussed buyout of the travel technology giant Travelport. Odds are the deal will still be completed, though.

Arne Sorenson thanked all his well-wishers Friday but then got right to business. Marriott had a so-so quarter but held out great promise for its expanded homesharing business. But you'll have to wait until 2020 to see any results.