Marriott’s Sluggish Q2: Flat U.S., Drop in Government Travel, Forecast Narrowed
Marriott has seen softness in revenue per available room, or RevPAR. But development pipelines and loyalty member gains could drive future growth.
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.
U.S. Dollar Slide Hurts Accor, Minor, and Meliá
The dollar's decline is splitting the hotel industry along regional lines. European and Asian chains are feeling the pinch while U.S.-based operators barely mention the turbulence.
IHG Pursues Business Travelers Through Emirates and Other Deals
IHG's new deal with Emirates is as part of broader push to capture the underserved corporate segment. Expect more partnerships that offer fast-track loyalty status in exchange for direct bookings.
Chalet Hotels Names Shwetank Singh CEO As Sanjay Sethi Steps Down
Sanjay Sethi's decision to step down as the CEO and MD after a decade points to a possible change in the way the company operates as it faces stiff competition in an intense industry landscape.
Don’t Count Out Google Travel Search – Booking.com Still Sees Gains
The long-term attractiveness of Google Search is still an open question. Booking and others have long looked to diversify their marketing channels, and now they are starting to have real choices.
Amadeus and Google Join Forces — Again — To Bolster Flights Business
The interests of Amadeus and Google/ITA Software by Google seem to be more aligned today than they were 25 years ago.
Accor Plans U.S. Expansion, Currency Moves Hit Profits
Investors hated Accor's results - the stock got crushed. But the U.S. expansion plan is starting to pick up.
Las Vegas Sees Midmarket Tourism Soften, Weighing on MGM Resorts
Las Vegas tourism is experiencing measurable softness in 2024, and it's affecting MGM Resorts.
IndiGo Adds More Flights to Amsterdam, Manchester. Coming Soon: London and Copenhagen
While it may be a bit early to call IndiGo a global player, it's no longer just India’s largest domestic airline. It’s steadily working to be something more.
Booking Holdings Builds on European and Asian Strength, While U.S. Lags
Booking Holdings sees many Americans remaining cautious about travel. The good news: It has less U.S. exposure than rivals Expedia and Airbnb.