Amadeus Sees Hotel Software Revenue Nearly Regain 2019 Levels
Consumer demand for travel hasn't slowed down yet. Numbers from the travel tech giant Amadeus underscore that momentum.
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.
Expedia Not Backing Away From Costly Pursuit of a More Loyal Customer
The online travel agent is playing the long game when it comes to onboarding as many long-term value customers as possible, turning them into members and eventually putting them onto its loyalty program. CEO Peter Kern is clearly a patient man.
Airbnb Has Begun to Partly Break Out Its Spending on Brand Marketing
Airbnb executives have talked a lot about how they have reduced their spending on performance marketing (think: buying ads in Google search results) to focus on brand marketing (think: subway…
Royal Caribbean Saw a Strong Bookings Boost From Covid Protocols Dropping
Royal Caribbean is sailing off the boost from the relaxation of Covid protocols. Its executives says business has returned to normal. But that's not exactly right, since it won't ever be back to normal without one important market: China.
For Airline Weekly Subscribers
What Allegiant Air’s Bad Quarter Suggests About the Future of Budget Carriers
Allegiant Air executives vigorously reject the notion that the budget airline model is dying in the U.S. But two bad quarters in a row suggest that it may be at least changing.
Hyatt to Add Hotels in Markets That Feed Its All-Inclusive Resorts
When Hyatt adds hotels to new destinations, it can cross-sell the newfound guests on its recently acquired all-inclusive resorts through marketing messages. So the company is seeking more hotels to speed up this virtuous cycle.
Why Marriott Thinks It Could Fare Better Than in Previous Recessions
In the economic multiverse, hotels are still booming. The world's largest hotelier has a remarkably rosy forecast for 2023 as the company highlights why it will be stronger than in the past if a downturn happens.
Booking Holdings Eyes Even More Tech Investment After Mobile App Successes
CEO Glenn Fogel is focused on making Booking Holdings apps easier for consumers to use. Apparently he's doing something right.
Trivago Tests How to Give Independent Hotels More Direct Bookings
The search platform is displaying free links to independent hotels to push more direct bookings their way, but how will it ultimately claw back revenue from them when the likes of Hilton and Marriott have far bigger marketing budgets?
Sabre’s Slow Recovery Gets Lift From Pandemic Booking Milestone
Business is still not close to where it was in 2019, but it's getting there — slowly.