travel

Delta Posts $652M Profit on Surging Demand
Financial Performance

Delta Posts $652M Profit on Surging Demand

“We achieved significant milestones in the quarter including a solid pre-tax profit in the month of June."
By Matthew Heller | July 14, 2021
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Visa Beats Estimates on Online Shopping Surge
Financial Performance

Visa Beats Estimates on Online Shopping Surge

“Our performance in the fiscal first quarter reflected solid results and continued positive momentum in a challenging COVID-19 environment."
By Matthew Heller | January 29, 2021
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Delta Posts Record Loss, Cuts Cash Burn
Financial Performance

Delta Posts Record Loss, Cuts Cash Burn

“Our December quarter results capped the toughest year in Delta’s history,” Delta CEO Ed Bastian said.
By Matthew Heller | January 14, 2021
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Hyatt Loses $161M as Travel Slump Continues
Financial Performance

Hyatt Loses $161M as Travel Slump Continues

Hyatt's revenue per available room improved in Q3 but the hotelier expects "demand to remain uneven over the coming months."
By Matthew Heller | November 5, 2020
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Visa Beats Estimates as Travel Slump Continues
Financial Performance

Visa Beats Estimates as Travel Slump Continues

“The recovery so far has been uneven, V-shaped for domestic volumes but L-shaped for cross-border volumes,” CFO Vasant Prahbhu says.
By Matthew Heller | October 29, 2020
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Marriott Posts Big Loss, Sees Recovery Signs
Financial Performance

Marriott Posts Big Loss, Sees Recovery Signs

Marriott’s shares rose as the company reported that it it is seeing "steady signs" of global travel demand returning.
By Matthew Heller | August 10, 2020
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Six Priorities for Travel CFOs During the COVID-19 Pandemic
Strategy

Six Priorities for Travel CFOs During the COVID-19 Pandemic

Hard-hit travel industry companies must take steps to adjust their offerings, redefine pricing strategies, and focus on maximizing customer lifetime value.
By Vincent Ryan | May 12, 2020
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United Posts $2.1B Loss, Expects Worse Ahead
Financial Performance

United Posts $2.1B Loss, Expects Worse Ahead

With demand collapsing since the second half of March due to the coronavirus, "the worst is still to come" for United.
By Matthew Heller | April 20, 2020
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Thomas Cook Collapses, Leaving Thousands of Travelers Stranded
Credit & Capital

Thomas Cook Collapses, Leaving Thousands of Travelers Stranded

The British travel agency’s collapse is causing “global travel chaos.”
By Lauren Muskett | September 23, 2019
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Ebix Agrees to Buy Yatra
M&A

Ebix Agrees to Buy Yatra

The Atlanta-based software company is planning an IPO for its Indian subsidiary.
By Lauren Muskett | July 17, 2019
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Dell Exec David Goulden Joins Priceline as CFO
Technology

Dell Exec David Goulden Joins Priceline as CFO

Goulden's 30 years of experience in technology includes serving as EMC's finance chief from 2006 to 2014.
By Matthew Heller | January 22, 2018
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Trivago Shares Dive on Reduced Guidance
Technology

Trivago Shares Dive on Reduced Guidance

The hotel-search company has been hit by a slowdown in the revenue it generates by referring users to hotel websites.
By Matthew Heller | September 6, 2017
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Airline Stocks Rise on Unit Revenue Guidance
Strategy

Airline Stocks Rise on Unit Revenue Guidance

Both American and United Airlines boost their expectations for fourth-quarter unit revenue, sending their shares up more than 3%.
By Matthew Heller | December 9, 2016
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SAP to Buy Concur for $7.3B
The Cloud

SAP to Buy Concur for $7.3B

The German software maker feels the pressure to strengthen its position in cloud computing.
By Iris Dorbian | September 19, 2014
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