Las Vegas Sphere: Launch Costs Eclipse Revenues in High-Stakes Gamble
The Sphere, headlined by iconic Irish rock band U2, is quite the spectacle. But whether it will be a profitable spectacle isn't in the cards yet.
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.
For Airline Weekly Subscribers
Singapore Airlines Doubles Down on Strategic Initiatives as Competitors Recover
With Singapore Airlines' early-mover advantage in the recovery disappearing, the group is pivoting to its strategic strengths for growth and profits.
Booking Holdings Is Compensating Hosts and Partners for Payments Failure
The problem surfaced in late Summer — Booking.com's short-term rental hosts in Europe, Asia-Pacific and Latin America cited financial hardships because the company wasn't paying them for guest stays.
Amex GBT Sees More Small Companies Needing Business Travel Help
Shifting business travel patterns makes small businesses an essential part of the overall travel management client mix for Amex GBT. Its use of generative AI to serve them is eye-catching.
Vacasa Sheds More Vacation Rental Owners
Vacasa's problem of homeowner churn continues, but the company is resting its hopes on cost cuts.
Inspirato Aims to Cut Its Way to Profit at Its Luxury Vacation Clubs
Inspirato's ticket to growth: focus on cost savings. Plus, it has an investment from Capital One.
Choice Hotels Defends Pipeline as It Pushes Wyndham Bid
Choice Hotels is seeing weakness in its hotel development pipeline. That may not improve much if it remains distracted by pursuing a merger with Wyndham.
Tripadvisor Sees Viator at Full-Year Profitability in 2024
Until now, Tripadvisor has emphasized growth for Viator, backed by ample marketing, at the expense of profitability. It appears as though the company will moderate that strategy for 2024.
For Airline Weekly Subscribers
Ryanair Expects Summer Revenue Surge to Continue as Competitors Slow Growth
European air travel was on fire this summer.
Booking Holdings: Record Nights Booked and Middle East Impact
Booking Holdings continues to set records post-pandemic, and growth is projected to keep going.