Carnival is On the ‘Sidelines’ in China and Says Onboard Spending is ‘Off the Charts’
Carnival seems to be sailing on high demand, but rising costs are proving to be rough waters for the company.
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.
Trip.com Group Tries to Balance AI Reliability and Innovation
While artificial intelligence (AI) can whip up a storm of automation and efficiency, the essence of travel lies in the good old human touch. Travel companies ought to tiptoe cautiously into the realm of AI, using it to bolster rather than banish human capabilities.
Airbnb, Expedia, Uber: What Top CEOs Are Saying About AI
Generative AI is still in the early stages, but major travel companies are investing in tools that many of them say will be an important part of the future.
AirAsia X’s Post-Pandemic Strategy Focuses on Cost Containment and Fleet Expansion
While AirAsia X is looking closely to contain costs, the airline's greatest learning from Covid has been to maintain a cash buffer for financial resilience and long-term sustainability, providing a safety net to weather uncertainties.
Small Meetings and Blended Trips Propel Business Travel Comeback
While it’s still too early to say when business travel could make a full recovery, smaller businesses drove some important trends in the first quarter.
HomeToGo Sees Record Booking Revenue, On Track to Break Even This Year
At a time when other vacation rental companies that went public in special purpose acquisition company, or SPAC, deals are struggling, HomeToGo is paving its way toward profitability.
GoFirst Insolvency Unlikely to Impact India Airline Market, Says MakeMyTrip CEO
While MakeMyTrip achieved record annual gross booking value and adjusted operating profit, the online company still incurred losses for fiscal 2023, highlighting ongoing challenges.
Soho House Wants Members to Buy Extras in Path to Unlocking Profits
Know what's cool? Having cool people join your member's clubs. Know what's even cooler? Having members buy your high-margin upsells, like food and skincare products.
India Daily: Go First Airline Gets Bankruptcy Protection
The decision may save Go First. But it's aggravating for foreign partners who have leased aircraft to the carrier. Plus, more news from our daily roundup.
Sonder Won’t Enter Cash Flow Positive Territory in 2023
The banking crisis and the macroeconomic environment are new headwinds for Sonder. Optimists and fans would say the company is making modest progress, but it is taking considerably longer than the company expected last year.