Accor CEO: We Want to Transform the Way Everyone Uses Hotels
Deal by deal, AccorHotels is taking bold steps to bring the traditional hotel company into the future and its newest pilot is absolute proof of that.
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.
Norwegian Cruise Line Is Already Planning a Second Ship for China
Like other cruise lines, Norwegian is thinking far into the future when it comes to China. Will the fledgling market keep up with the supply growth?
IHG CEO: Our Focus Is on Building Up the Brands We Have
Unlike some of its peers, IHG isn't quite as interested in acquiring new brands as it is in further developing the brands and properties it already has, as well as improving overall growth and quality for the long run.
Choice Hotels Mulls Options for a Tech Division That Struggled to Break Even
Choice talks a good game about its SkyTouch subsidiary. But signs point to continued heartache. Expect the franchisor to focus instead on the vacation rental software it gained by acquiring Dutch startup Maxxton plus its own reservation system.
Marriott CEO Says U.S. Travel Ban Financial Impact Is Minor, But May Deter Groups
Companies like Marriott International, with its strong global presence, are in a good position to capitalize on hotel demand that may shift away from the U.S. due to political concerns.
TripAdvisor Rethinks Marketing as It Tries to Solve Instant Booking Problems
TripAdvisor became the largest travel site in the world based on its high profile in free search results. But Google has become a hyper-monetized marketplace and TripAdvisor's competitors have the resources to grossly outspend it in digital marketing.
Hilton CEO: Spinoffs Have Freed Us Up for Organic Growth, More Direct Bookings
For Hilton, focusing on building direct customer relationships, improving loyalty, and launching new brands will always be top priorities, at least for this year.
To Generate $1 Billion in New Revenue TUI Looks to New Markets and Bigger Ideas
TUI’s target is very ambitious and five years doesn’t seem like enough time to develop and expand into countries where it does not have the brand recognition.
Rezidor Hotels Points to Terrorism and Oil Prices as Earnings Wane
While Rezidor is still suffering from the impact of terrorism, its outlook is likely to improve if and when it is taken over by Chinese conglomerate HNA Group, which would undoubtedly help it capture a bigger slice of the tourism market.
Expedia Still Bullish on Orbitz Despite Missteps
In the long-run, Expedia will have gained by acquiring Orbitz because of its brand recognition, effective loyalty program, and list of corporate deals. CEO Dara Khosrowshahi is especially optimistic about taking Orbitz's private label functionality and bringing it to the flagship Expedia brand later this year.