August 03, 2023
Robust Leisure Travel Demand Drives Booking Holdings’ Q2 Performance
Online travel company Booking Holdings reported strong results for the second quarter, driven by robust leisure travel demand and a focus on artificial intelligence (AI) technology. “I am pleased to report that...
August 03, 2023
TripAdvisor’s Revenue Grows 18% as Consumers Seek Experiences
Consumers are hungry for experiences, and that’s been good news for TripAdvisor. The travel service announced second-quarter 2023 earnings results Thursday (Aug. 3) that showed its experience earnings surpassing its...
August 03, 2023
Expedia Sees 15% Gain in Active Loyalty Members but Booking...
Expedia’s second-quarter results showed gains in loyalty membership, a surge in B2B contributions as travel is becoming more affordable amid a pullback in pricing. But it was a slowdown in...
August 03, 2023
Top CFOs Take Positive Macro View While Doubling Down Digital
Where a firm spends its money tends to be highly correlated to its business strategy. That makes the chief financial officer (CFO) role crucial for sustainable success – and underscores...
August 03, 2023
Domestic Airlines Struggle as Consumers Embrace Global Travel
This summer has brought a travel boom. Just not in the way airlines might have expected. As Bloomberg News reported Thursday (Aug. 3), travelers seem to want to take international trips, which has...
August 02, 2023
Global Travel Propels MGM Resorts’ Q2 Revenue
MGM Resorts reported Wednesday (Aug. 2) a second-quarter revenue of $3.94 billion, representing a 21% year-over-year increase. The company also beat Wall Street’s consensus estimate of $3.82 billion, with earnings...
August 02, 2023
PayPal Transactions Per Active User Grow to 54.7
PayPal’s second quarter results show a boost in transactions per active account, and eCommerce growth increasing at encouraging rates. To that end, the company’s results show that total payment volumes...
August 02, 2023
CVS Strengthens Healthcare Focus
CVS Health reported Q2 earnings and revenue surpassing expectations on Wednesday (Aug. 2), driven by its ongoing endeavors to strengthen its presence in the healthcare services sector. The report comes...
August 02, 2023
JetBlue & Spirit Airlines Defend $3.8B Merger Against Consumer Lawsuit
JetBlue and Spirit Airlines are firmly standing their ground against a consumer lawsuit aimed at blocking the airlines’ proposed $3.8 billion merger, with defense attorneys this week calling the case...
