Articles tagged “activist investors”

The post-Covid boom hid deep performance gaps across travel. Now it's fading, and those gaps are exactly what activist hedge funds exploit best.

Starboard Value will likely find plenty of support among Tripadvisor's long-suffering shareholders.

Premier Inn's owner said it's considering a strategy shift in response to criticisms by activist investor Corvex. But it may not reveal any changes until its next financial update in April.

Whitbread is a year into a five-year strategy. Corvex wants it to stop and reassess. That puts pressure on the Premier Inn owner to justify its long-term plan.

In 2014, when Viator was nearly 20 years old and struggling for an exit, Tripadvisor scooped it up for $200 million. Now it could be worth $2 billion.

This isn't just about money – it's a power struggle over a troubled member's club brand.

Southwest had a rough going over the past few months, but CEO Bob Jordan says he has a plan. The Southwest experience may not look too different from other airlines.

Elliott Investment Management, which has a $2 billion activist stake in Southwest, was highly critical of the airline’s revenue forecast cut for the second quarter.

Southwest's cut in revenue guidance for the current quarter comes just three weeks after a vocal activist investor called for big changes at the airline.

Jordan’s comments come just days after Elliott took a nearly $2 billion stake in Southwest, making it one of the airline’s largest investors.