Vacasa Laid Off 13% of Its Workforce
This was Vacasa's fourth layoff round since CEO Rob Greyber took over in September 2022.
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.
Airbnb CEO: ‘We Are Ready to Step on the Gas’ for International Expansion
Despite risks from regulation and competition, there is a huge opportunity for Airbnb to expand further around the world beyond its five core markets. It's a big world out there.
Google Search Claims Another Victim: Tripadvisor Lowers Outlook
Google has made frequent changes to its search results pages over the years, and Tripadvisor has often suffered as Google has its own competing businesses. Recent changes appear to have hit Tripadvisor particularly hard.
Choice Hotels Boosts Global Pipeline
Choice Hotels is shrugging off concerns about softening travel demand.
Tripadvisor Rules Out a Merger for Now
Tripadvisor apparently got an offer it was easy to refuse.
Amex Global Business Travel Sees Big Gains From Tech Customers
Big companies are on the move again, but the business travel growth engine — small- to medium-sized businesses — took a step back because of high interest rates and inflation.
Marriott Vacations Worldwide Sees Timeshare Growth – Except in West Maui
The timeshare company wants to put the Maui wildfires in the rearview mirror. Sluggish demand and a tight labor market in the area impacted by the fires have slowed its post-pandemic momentum.
Disney Theme Parks: Strong Attendance But Signs of a Reset
Theme park attendance is normalizing after record highs, but Disney eyes cruises as a major growth area with heavy investment planned.
Spirit CEO Slams Airline Industry as ‘Rigged Game’ as Carrier’s Losses Widen
Spirit CEO Ted Christie had some choice words for the current state of the airline industry as the ultra-low-cost carrier reported a greater first-quarter loss.
Hotel Earnings: What We Learned This Week – in 2 Minutes
IHG saw U.S. hotel revenue normalize. Marriott plans to launch a new midscale brand. Hyatt aims to expand its all-inclusive resort portfolio. And more.