Article News Category: Financial results / Traffic results/ M&A

Travel-related stocks experienced a decline on Wednesday following a gloomy prediction from vacation rental company Airbnb. Airbnb results in detail here.  The forecast indicated a forthcoming decrease in travel demand, …

Choice Hotels International, Inc. (NYSE: CHH), one of the world’s largest lodging franchisors, today reported its first quarter 2023 results. Highlights of first quarter 2023 results include:1    Choice Hotels International. …

Grupo Aeromexico S.A.B. de C.V. (“Aeromexico”) reports its April 2023operational results: Grupo Aeromexico transported 1 million and 965 thousand passengers in April 2023, a 14.5% year-on-year increase. International passengers increased …

Bond, a leading customer experience, loyalty, and growth firm, announces a strategic investment in its business from Colorado-based private equity firm, Mountaingate Capital.  The announcement follows a strong period of …

Reinstates Quarterly Dividend, Initiates at $0.15 Per Share. Announces $1,055 Million Increase in Share Repurchase Authorization, resulting in $1.5 Billion Total Share Repurchase Authorization. Provides Full-Year 2023 Financial Guidance inclusive …

Silversea Cruises named Joe Leon head of sales in the Americas, moving him up from his position as vice president of field sales. Leon will assume the sales duties held …

Group reports annual profit of AED 10.9 billion (US$ 3.0 billion), a new profit and revenue record and a significant turnaround from last year Group revenue of AED 119.8 billion …

Virgin Atlantic Ltd (Virgin Atlantic) has released its annual financial results for the year ending 31st December 2022. The results reflect 2022 being a year of recovery and ramp up …

Air Distribution bookings increased 32.8%, to 121.8 million.  Air IT Solutions passengers boarded increased 55.1%, to 409.5 million. Air Distribution revenue grew 52.2%, to €678.9 million.  Air IT Solutions revenue …