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.

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Sotherly Hotels Reports Preliminary Operating Results

Sotherly Hotels reported preliminary operating results for 1Q23 for their 10 wholly-owned properties. RevPAR was up 21.4% led by an 11.4% jump in occupancy.

3 years ago

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Lufthansa Still Keen on ITA Airways Deal But Wants Price Discounted Over Heavy Losses

Italy's state-owned ITA Airways is looking more and more like perennial loss-maker Alitalia every day.

3 years ago

Online Travel

India’s Yatra Awaits Stronger Investor Confidence Before IPO Launch

Three months ago, Yatra may have been hopeful of launching its Indian IPO by March. However, it appears the online travel company would rather wait for the market to strengthen and investor confidence to return to ensure a successful launch.

Peden Doma Bhutia | 3 years ago

Cruises

Carnival Sees Highest-Ever Future Bookings — Thank You, North America

Carnival's North America market continues to be a star performer, and Europe is doing very well. Still, that won't be enough to return Carnival to full health post-pandemic. It needs to speed up growth in Asia and Australia.

Dawit Habtemariam | 3 years ago

Online Travel

Travelzoo to Launch Its Travel Metaverse Within Weeks

One can make the argument that Travelzoo is embarked on a foolhardy mission to create a metaverse. On the other hand, gamers and Gen Z may have something to the contrary to say about that.

Dennis Schaal | 3 years ago

Online Travel

Despegar Widens Reach But Still Reported a Fourth Quarter Loss

Don't be surprised if Despegar makes and acquisition or two in 2023. That's baked into its plans.

Dennis Schaal | 3 years ago

Inspirato Member Lounge at Solaris in vail colorado exterior source inspirato

Short-Term Rentals

Inspirato Will List on Airbnb, Vrbo, Lower Prices for New Phase of Growth

Inspirato hopes to retreat the missteps taken with rapid growth in portfolio with longer leases by lowering rates and using third-party distribution channels. The path to profitability is paved in moderate growth.

Srividya Kalyanaraman | 3 years ago

Short-Term Rentals

Vacasa Sees Increase in Properties Leaving Its Platform

Vacasa is trying to achieve profitability in 2023 while homeowners are leaving its platform, and it's forecasting that gross booking values will decline. Tough stuff.

Dennis Schaal | 3 years ago

Hotels

Soho House Parent Changes Name to, Surprise, Soho House & Co.

Membership Collective Group is best known for its Soho House upscale member’s clubs and hotels and for being unprofitable for decades. The London-based company wants to change both of those things, it said…

Sean O'Neill | 3 years ago

Online Travel

Trip.com Expects Chinese Outbound Travel to Gain Momentum in 2nd Quarter

For a faster recovery of the China outbound market, Trip.com executives say the aviation sector will have to ramp up flight capacity from the current 15-20 percent of pre-Covid level.

Peden Doma Bhutia | 3 years ago