Brexit Dampens UK Airline Jet2’s Optimism
Jet2 has big ambitions for its leisure travel division and Brexit, plus other factors, have the potential to derail things. It makes planning for the future very difficult.
Travel Industry Earnings Coverage
Don’t miss out on Skift’s in-depth coverage of earnings reported by public travel companies, including online travel agencies, hotel brands, airlines, and technology companies. Our earnings stories cut through the numbers to explain what’s really happening at companies and within the industry as a whole.
Eventbrite Sees Revenue Soar in Earnings Debut
Eventbrite is still losing money as it grows, but now has strong revenue growth and plenty of cash to spend while getting back on track. The state of the booming global events business is a big help.
Del Frisco CEO: Fast Forward After Fast Casual Acquisition Bartaco
The potential to scale Bartaco is huge for Del Frisco, given the concept's high profit margins. But if the CEO sees the 18-unit taco chain becoming a 300-unit behemoth in the future, it's going to take a lot of smart real estate decisions to get there.
Avis’ Misplaced Optimism in Europe Muddles Car Rental Recovery
Car rental companies are preparing for the future of mobility, even as their recovery continues to be a slow process. Renting a car remains mostly annoying but the experience will improve soon thanks to apps and more customer-centric design.
Disney CEO Still Bullish on China Despite Shanghai Park Slump
Disney had to lower ticket prices to boost attendance at its two-year-old Shanghai park, but that's not the story at most properties around the world. The company saw its overall theme park revenue jump 9 percent in its fiscal fourth quarter.
Yelp’s Local Advertising Model Flattens
To recap, Yelp didn't add as many new customers, and it also lost out on some local ad revenue. But the online advertiser promises to work out the kinks of its new business model in 2019.
Norwegian Cruise Is Trying to Luxe Up Its Mass-Market Line
Norwegian Cruise Line Holdings keeps trying new ways to get higher-spending passengers on board. Quarterly results show the efforts are working so far.
Choice Hotels Sees Room Revenue Hurt by Hurricane Florence
The bigger question the hotel industry is no doubt asking itself is this: Was this third quarter just a one-off? Or was it a sign of tougher times to come?
Ctrip Expects Rising Costs to Nibble at Its Margins
Ctrip's revenue growth has remained in line with forecasts, but its costs are rising. More interestingly, the online travel giant has branched out into hotel management by providing data services and marketing support to franchisees for a new brand, Rezen.
TripAdvisor Reduced Its Google Spend But Will Expand TV Advertising
Google officials aren't losing any sleep over TripAdvisor spending a few million dollars less on paid search, but TripAdvisor's pullback, as well as similar moves by other large travel players, symbolizes a changing advertising climate and a long-term challenge.