Royal Caribbean Passenger On-Board Spending Splurge Helps Lower Losses
Royal Caribbean is sailing along on several trends —strong economic conditions, travel interest in experiences and pent-up demand— to get out of the red.
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.
Tripadvisor CEO’s New Strategy Comes Into Focus
In football or soccer — pick your sport/analogy — sometimes it takes a new coach to get momentum. Under its new CEO, Tripadvisor is making significant changes to its core products.
Sabre Is Cutting 15 Percent of Its Workforce, Roughly 1,100 Jobs
Big tech companies everywhere have been dropping staff, and now it's Sabre's turn. This may also be a result of a permanently changed travel industry post-pandemic and Sabre's effort to keep up.
Hyatt Hotels Sees 2023 as Breakout Year for Europe and China
If you thought Europe's premium hotels were packed last year, you haven't seen anything yet, Hyatt's executives say. They're also rightly optimistic about Asia Pacific's recovery.
Lindblad Taps Next-Gen Digital Marketing to Fill Cruise Ships
Lindblad Expeditions, which operates small ships with adventurous themes, is seeing traction with savvier digital marketing. But it's taking time for the company to get back in the black.
Trivago’s Returns Take a Hit as Company Invests in Direct Connection Tool
As online travel advances technologically, Trivago is investing so it can be competitive in the future.
Marriott Not Too Worried About U.S. Hotel Financing Tightening
Hotels are ordinarily a leading signal for recessions, with vacancies piling up ahead of national economies sagging. But the world's largest hotel company sees no problems so far, despite signs of weakening elsewhere.
MGM Resorts CEO Thinks Dubai or Abu Dhabi Might OK Gaming This Year
Executives at MGM Resorts International are hopeful that gaming may be approved by the United Arab Emirates, possibly as soon as this year.
Norwegian’s Focus on High-Spending Cruise Passengers Paid Off in the First Quarter
Norwegian Cruise Line's strong onboard passenger spending in the first quarter demonstrates that the pent-up energy to cruise that people had during the pandemic hasn't dissipated at all.
Hotel Brand Selina Seeks to Fix Unwieldy Cash Burn
Selina is like a Tesla Roadster sportscar driving down California's Highway 101 on a sunny day while a malfunctioning hood is popping open and the battery's struggling to hold its charge. Everything's fixable, and the views are great. But repairs are urgent.