Hilton Issues Debt to Buy Out Part of Stake Held by China’s HNA
The move resolves uncertainty about the HNA investment as Hilton positions itself to take advantage of strong economic trends.
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.
Royal Caribbean Ups Forecast But Wall Street Worries About Too Many Ships
Royal Caribbean Cruises has a lot of new ships coming, which will let the cruise operator charge higher prices and attract fresh interest. But as the global cruise industry continues to add capacity, analysts wonder if demand can keep up with the building boom.
Expedia Group Accelerates Its Spending Faster Than It Grows Revenue
If you (re)build it, they will come. That's the motto of Expedia Group CEO Mark Okerstrom for 2018.
American Airlines Lowers Profit Projections as Fuel Prices Rise
Look for airline ticket prices to increase if fuel prices don't fall soon. Passengers may not like it, but what other business doesn't try to recoup increased production costs from consumers?
Travelzoo Surprises With a Rebound in Revenue Growth and Profitability
European travel booking volumes are not the only thing staging a comeback. Deals marketer Travelzoo is enjoying a renaissance, too. But, as with Europe, the verdict is still on whether the company has worked through the problems that have beset it since the financial crisis.
What’s Chipotle’s Problem? The Brand Is Invisible
Chipotle's efforts at a turnaround are powered by the brains behind the chain that brought us the fourth meal and the naked egg taco. Who knows what happens next.
Universal Wants Its Own Characters to Shine at Theme Parks
Universal parent company Comcast may want to get more theme park bang out of the bucks it has spent on intellectual property, just like Disney is milking its Marvel and Star Wars acquisitions. But that doesn't mean Universal will turn its back on the cash cow that Harry Potter has become.
Trivago Suffers Another Loss and Lowers Its Forecast for Next Quarter
Everyone blames Booking.com for Trivago's woes. But we're reserving judgment on the hotel search company's worse-than-expected second-quarter forecasts until we can hear from its other largest advertiser, Expedia Group, which holds its own first-quarter earnings call soon.
JetBlue to Help Sell a Private Jet-Style Experience to the Masses
JetBlue's move to sell seats on a tiny airline with scheduled service to smaller airports is a really smart idea that may help popularize private aviation.
Alaska Airlines Will Enter Basic Economy Market Later This Year
Alaska Airlines is turning to basic economy fares to help drive additional revenue. But, hey, at least flyers will be assigned a seat when they book one of these fares, easing some of the stress that usually comes with taking the risk of flying for cheap.