Disney’s MyMagic+ Wristbands Are Magic Money Makers
There indeed is magic in the MyMagic+ wristbands for The Walt Disney Co. as it is making for a more efficient operation and is helping to increase visitor spending. Abracadabra.
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.
Pesky Discount Airlines Put the Heat on American and US Airways
American and US Airways reacted fairly quickly to the competitive threat from the low cost carriers, but this battle will be ongoing in 2015.
Delta’s Fuel Costs Keep Dropping, But Its Airfares Are Staying the Same
Delta is certainly feeling its oats these days with a windfall from the drop in fuel prices and its top-performing stock. No need right now to make any concessions on fares or to pay lip service to distribution through online travel agencies.
Delta’s Execs Explain Its New Interiors in Dollars and Cents
Having seen airline fashion icons go bust, we warm to an airline smart enough to go classic.
In China’s Online Travel Race, Qunar Is Growing the Fastest
Qunar is the fastest growing online travel company by far among the Big Three in China, although it is less than half the size of industry leader Ctrip. Can Qunar keep it up? Ctrip is feeling the pressure and is having to dial back on profits to ensure it will stay on top.
Hilton Sees Filling Rooms on Weekends as New Trend
For chains such as Hilton Worldwide, which attract their share of business travelers, figuring out a way to fill rooms on the weekends is a constant challenge. Hilton is making progress, though, and perhaps the trend of road warriors tacking on leisure trips could be a contributing factor.
Priceline and Ctrip Are Almost Second Cousins Now, Priceline CEO Says
The Priceline Group is moving much closer to Ctrip with a minority stake and CEO Darren Huston points to a series of additional moves in China in the next few years. Ctrip, though, hasn't always played well with other partners so it remains to be seen whether familial relations between these new second cousins will be long-standing.
Priceline Outpaces Expedia With 32% Room Night Growth in Q1
Priceline outlasted Expedia in the room-night growth arms race, posting 32% growth to Expedia's 24%. Although there was a slight dent in the armor, as Priceline room-night growth was slightly faster a year earlier.
Why Expedia Will Eventually Acquire Travelocity Outright
Travelocity talked years ago about getting into the advertising and media business in a big way, but never made it happen. But, now Expedia has grand plans to use Travelocity's North America sites as a platform to expanding Expedia's own advertising and media business in tandem with the jolt that Trivago is already providing.
Concur Is Losing Money Along the Way to Reworking Corporate Travel
With 1,000 customers signed up for its open-booking platform, and 5,000 new clients enrolled in all its products over the last year, Concur is getting increasingly mainstream in the corporate travel industry. That's a challenge for establishment companies such as American Express, Carlson Wagonlit Travel and BCD, which must pay heed to the insurgent.