Latest news with #bookings
Yahoo
13 hours ago
- Business
- Yahoo
US travel bookings rebound for August, boosting companies' revenue outlook
By Doyinsola Oladipo NEW YORK -U.S. travel companies including air carriers United Airlines and Southwest Airlines and hotel operators Hilton Worldwide and Wyndham Hotels have issued a collective sigh of relief as budget-conscious Americans have started booking travel again after many put vacation plans on pause earlier this year. U.S. consumer sentiment rebounded in July from a shaky June, dinged by inflation, a weakening U.S. dollar, and President Donald Trump's trade war. That translated to a rise in spending, with travel companies seeing an uptick in bookings and now expecting stronger fourth-quarter revenue growth. Companies that primarily service price-sensitive customers or the domestic U.S. market have higher expectations for August, with some seeing the end of the third quarter as an inflection point for what has otherwise been a rocky environment in 2025. "Just as quickly as demand stepped down in early February due to this uncertainty, it appears that demand is now stepping up," United Airlines Chief Commercial Officer Andrew Nocella said on a post-earnings call, saying uncertainty has dropped in recent weeks after five months of weak demand. Hotel operator Hilton echoed those sentiments, saying the freeze in corporate and business travel spending was finally "thawing." "Given our overweighting to the domestic market, we would expect to be an outsized beneficiary of any recovery in the domestic demand environment," said Southwest CEO Robert Jordan on an investor call. The company said demand stabilized in the second quarter, and its recent bookings showed clear signs of improvement. Most U.S. airline and hotel operators withdrew or cut their financial forecasts in April and May as President Trump's trade war threw the industry into its most uncertain time since the COVID-19 pandemic. Still, there is lingering uncertainty over how the economy will fare in an ever-evolving tariff landscape and with inflation still above the U.S. Federal Reserve's desired 2% rate. Super 8 motel operator Wyndham said that it was seeing more strength in revenue per available room, an important metric in the hospitality industry, in states like Wisconsin, Michigan, Minnesota, and Missouri, indicating steady demand from blue-collar everyday travelers. "In August, we'll see a stronger summer travel season," said CFO Michele Allen. American Airlines said it expects revenue to improve sequentially in August and September. Alaska Air Group Chief Commercial Officer Andrew Harrison said closer-in bookings are coming in stronger, with "very good" activity in August. However, the uptick in demand will be more evident for hotels and airlines in the fourth quarter. For airlines, "a continuation of these demand trends is needed as a catalyst for airline stocks" as weak demand for main cabin seats has forced airlines to offer sales to fill planes, Andrew G. Didora, Bank of America equity research analyst, said in a note. (Doyinsola Oladipo in New York; Editing by Cynthia Osterman) Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
13 hours ago
- Business
- Yahoo
US travel bookings rebound for August, boosting companies' revenue outlook
By Doyinsola Oladipo NEW YORK -U.S. travel companies including air carriers United Airlines and Southwest Airlines and hotel operators Hilton Worldwide and Wyndham Hotels have issued a collective sigh of relief as budget-conscious Americans have started booking travel again after many put vacation plans on pause earlier this year. U.S. consumer sentiment rebounded in July from a shaky June, dinged by inflation, a weakening U.S. dollar, and President Donald Trump's trade war. That translated to a rise in spending, with travel companies seeing an uptick in bookings and now expecting stronger fourth-quarter revenue growth. Companies that primarily service price-sensitive customers or the domestic U.S. market have higher expectations for August, with some seeing the end of the third quarter as an inflection point for what has otherwise been a rocky environment in 2025. "Just as quickly as demand stepped down in early February due to this uncertainty, it appears that demand is now stepping up," United Airlines Chief Commercial Officer Andrew Nocella said on a post-earnings call, saying uncertainty has dropped in recent weeks after five months of weak demand. Hotel operator Hilton echoed those sentiments, saying the freeze in corporate and business travel spending was finally "thawing." "Given our overweighting to the domestic market, we would expect to be an outsized beneficiary of any recovery in the domestic demand environment," said Southwest CEO Robert Jordan on an investor call. The company said demand stabilized in the second quarter, and its recent bookings showed clear signs of improvement. Most U.S. airline and hotel operators withdrew or cut their financial forecasts in April and May as President Trump's trade war threw the industry into its most uncertain time since the COVID-19 pandemic. Still, there is lingering uncertainty over how the economy will fare in an ever-evolving tariff landscape and with inflation still above the U.S. Federal Reserve's desired 2% rate. Super 8 motel operator Wyndham said that it was seeing more strength in revenue per available room, an important metric in the hospitality industry, in states like Wisconsin, Michigan, Minnesota, and Missouri, indicating steady demand from blue-collar everyday travelers. "In August, we'll see a stronger summer travel season," said CFO Michele Allen. American Airlines said it expects revenue to improve sequentially in August and September. Alaska Air Group Chief Commercial Officer Andrew Harrison said closer-in bookings are coming in stronger, with "very good" activity in August. However, the uptick in demand will be more evident for hotels and airlines in the fourth quarter. For airlines, "a continuation of these demand trends is needed as a catalyst for airline stocks" as weak demand for main cabin seats has forced airlines to offer sales to fill planes, Andrew G. Didora, Bank of America equity research analyst, said in a note. (Doyinsola Oladipo in New York; Editing by Cynthia Osterman)
Yahoo
a day ago
- Business
- Yahoo
Trip.com Group Limited (TCOM) Sees Surge in Singapore Bookings; Signs Two MOUs with Resorts World Genting (RWG)
Group Limited (NASDAQ:TCOM), considered a cheaply priced stock and a top pick among analysts, is included in our list of the 10 Cheap Travel Stocks to Buy According to Analysts. A busy airport terminal with travelers passing through on their leisure travels. Group Limited (NASDAQ:TCOM) recently released its findings on Southeast Asia tourism. According to the findings, the company reported a spike in bookings to Singapore for July and August. This sharp increase is attributed to the international interest in two major sporting events: the World Aquatics Championships 2025 and the Singapore Festival of Football 2025. The bookings increased in the two months by 31% and 50%, respectively, compared to last year. Amid this growing momentum, on July 9, 2025, Group Limited (NASDAQ:TCOM) signed two MOUs with Resorts World Genting (RWG), Malaysia's premier integrated resort. With the API integration between and RWG's hotel and theme park systems, this collaboration aims to enable real-time booking, rate parity, and exclusive offers for users. This move supports TCOM's mission to expand its position as a key tourism enabler in Asian markets. Group Limited (NASDAQ:TCOM), a global travel service provider, offers end-to-end solutions across transportation, accommodations, tours, and corporate travel segments. It is included in our list of cheap travel stocks. While we acknowledge the potential of TCOM as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 14 Cheap Transportation Stocks to Buy According to Analysts and 10 Cheap Lithium Stocks to Buy According to Hedge Funds. Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Khaleej Times
21-07-2025
- Business
- Khaleej Times
Ryanair's profit rebounds as robust bookings point to strong summer
The Irish airline, Europe's largest by passenger numbers, said it was not seeing a negative trend of later-than-normal bookings reported by some rivals. "Across the piece, bookings are good," Chief Financial Officer Neil Sorahan said, describing consumer confidence as "very strong." Shares in the airline were up 6.5% at 24.58 euros at 0725 GMT, just below the all-time high of 24.98 recorded on July 8. Ryanair reported a net profit of 820 million euros ($953 million) for its first quarter, which ended on June 30, up from 360 million euros in the same period last year when Easter was in March - and up from 663 million in the same period of 2023, the last time Easter was in April. A Ryanair poll of analysts had expected 716 million euros. Average fares rose 21% in the quarter, more than recovering the 15% fall recorded in the period last year. In the July-September quarter, when European airlines make most of their profit, Ryanair expects to recover "almost all" of the 7% fare decline seen last year, when it was hit by weak consumer sentiment and a dispute with some online travel agents. In June, Ryanair forecast that "some of" the 7% would be recovered. Asked about recent commentary from British low-cost rivals EasyJet and Jet2 that customers were booking later, Sorahan said: "We're not seeing those kind of trends at all." Rivals are likely seeing a negative impact from the resolution of Ryanair's dispute with online travel agents, he said. Ryanair's profit for the year depends heavily on the strength of close-in bookings in August and September, but O'Leary said the rebound in fares should lead to "reasonable net profit growth" for the year to March 31. As Boeing's largest customer in Europe, Ryanair is particularly exposed to the possible imposition of tariffs on commercial aircraft, but said it was hopeful that an exemption for commercial aircraft could be agreed by the United States and European Union. "We're all hopeful and maybe a little confident that something might get done," CFO Sorahan said.
Reuters
17-07-2025
- Business
- Reuters
Lisa Ertmann Joins NaviStone as Director of Travel Industry Partnerships
CINCINNATI, OH, July 17, 2025 (EZ Newswire) -- As demand grows in the travel industry for solutions that fill unsold inventory without discounts, NaviStone, opens new tab—trusted by top travel brands to drive bookings—is doubling down on this space with the addition of Lisa Ertmann as director of travel industry partnerships. NaviStone helps marketers identify high-intent travelers and reach them at the exact moment they're considering a trip. With real-time intent signals, precision audience modeling, and a white-glove strategic approach, brands are empowered to act faster, fill more inventory, and convert more guests while others are still reacting. Ertmann brings more than 20 years of experience in the travel industry, with a background that spans both the travel advisor and supplier sides. She spent the last decade at Norwegian Cruise Line in a series of marketing and business development roles, building strong relationships and programs that delivered real value. 'What drew me to NaviStone was the company's data-driven, transparent approach to marketing and the way it partners so closely with brands,' said Ertmann. 'It's not just a platform. It's a partner in solving real problems with speed, strategy, and incremental results.' In her new role, Ertmann will work closely with travel and hospitality brands and trade partners to convert intent into bookings, increase repeat visits, and optimize revenue. That might mean filling unsold inventory without relying on last-minute discounts, or targeting specific audiences who are browsing but not yet booking. Whatever the need, her focus will be helping brands turn consumer behavior into business growth faster. 'Lisa's passion for travel, her deep industry knowledge, and her commitment to strong relationships make her the ideal leader to grow our presence in the travel space,' said Larry Kavanagh, CEO of NaviStone. 'More importantly, she understands the urgent challenges travel marketers face today, like how to move inventory without margin erosion, and how NaviStone's intent-first solutions can help solve them.' As travel demand continues to grow, the challenge is no longer just getting seen. It's getting remembered. Ertmann sees major opportunity in embracing both digital and physical channels, including one that's experiencing a resurgence: direct mail. 'A well-crafted direct mail piece can really stand out while inboxes overflow and digital ads lose their impact,' she said. 'It's tangible, personal, and especially effective for connecting with travelers looking for their next adventure. With our ability today to model behavior and reach consumers in near real time, direct mail has reemerged as a powerful, strategic channel to drive bookings.' At the core of NaviStone's advantage is its ability to act as a true navigator that can help brands make sense of their data, define the right audience, and execute with speed. 'I've worked with a lot of marketing platforms,' Ertmann said. 'NaviStone gets it right because they use data to build stronger relationships and solve real problems, like unsold inventory, with precision and agility.' With consumer expectations at an all-time high, NaviStone remains committed to helping travel and hospitality brands stay ahead. That means delivering solutions that are not just personalized, but purpose-built to elevate the guest experience. Not just fast, but effective at reaching the right guest with the right message and filling inventory. Ertmann's hire reinforces the company's commitment to delivering strategic, high-impact marketing solutions that drive results in an increasingly competitive market. About NaviStone NaviStone is a martech platform that unlocks and activates audiences brands are missing out on today. By combining website behavior with modeling, NaviStone enables marketers to deliver highly personalized media and messaging at the exact moment a consumer is considering a purchase. This approach increases return on marketing spend up to 70%. Headquartered in Cincinnati, NaviStone is trusted by leading brands across travel, retail, home services, and more. The company has been recognized as a Best Employer in Ohio, a Best Places to Work in Cincinnati, and a TechOhio Startup Culture Award winner. For more information, visit opens new tab. Media Contact Nikki Shenknshenk@ ### SOURCE: NaviStone Copyright 2025 EZ Newswire See release on EZ Newswire
