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Wall Street

Why Isn’t TUI Already Sunken To the Bottom of the Deadpool?

2021-01-09 by Phil Butler

TUI logo

TUI stocks have now bottomed out as the Anglo-German travel firm staggers under the weight of a pandemic. So why is the group still afloat?

Tags: tourism, travel, travel companies, travel markets, TUI, TUI Group, TUI Group sales, TUI stocks, Wall Street

Should Record Coronavirus Cases Force the World Into New Lockdowns?

2020-11-05 by Phil Butler

COVID-19 memorial

Bloomberg reveals coronavirus deaths and infections worldwide surging in record numbers. Many European countries are back in lockdown.

Tags: Bloomberg, COVID-19 cases, COVID-19 deaths, COVID-19 lockdowns, Covid-19 pandemic, Europe lockdowns, Europe pandemic, Greece lockdown, pandemic second wave, second wave, Trump, U.S. COVID-19 Memorial, Wall Street

TUI Temporarily Quits Operations Over COVID-19 Pandemic

2020-03-16 by Phil Butler

TUI Family Life

TUI has temporarily suspended most of its travel operations due to the Covid-19 pandemic. Company spokespersons say the move is a “compliance” and “industry adjustment” move. The news comes as the whole industry is in a state of shock as to “next moves.” TUI is on a shortlist of companies investing gurus say may be […]

Tags: Bloomberg, COVID-19, COVID-19 cancellations, COVID-19 Italy, pandemic, tourism, travel agencies, travel agents, travel industry, travel stocks, TUI, TUI Group, TUI stocks, TUI Travel, Wall Street, world travel

The U.S. Covid-19 Travel Ban Signals a Disaster of a New Order

2020-03-12 by Phil Butler

Trump Coronavirus Task Force

Stock markets are in freefall over the COVID-19 pandemic and Europe is in a panic over Trump’s travel ban. But this is only the beginning.

Tags: aeroflot, Air France, airlines, CAC, Coronavirus 2019, COVID-19, DAX, Delta, DOW, Dow market, economy, Europe flights, Europe travel, Italy, Italy coronavirus, Italy lockdown, Italy outbreak, KLM, President Trump, Russia travelers, Spain, Spain coronavirus, travel ban, Trump travel ban, Wall Street, WHO

Starwood Hotels & Resorts Worldwide Beats Q1 Expecations

2013-04-30 by Aleksandr Shatskih

Good news in the hospitality sector, at least for Starwood Hotels & Resorts Worldwide, Inc., first quarter earnings exceeded Wall Street expectations. According to RevPAR, performance of Starwood same-store hotels grew worldwide by some 3.4 percent.

Tags: hotel profits, hotels, RevPAR, Starwood Hotels, Wall Street, World hotels

Expedia Profits Slow: Shares Drop

2012-02-10 by Aleksandr Shatskih

Expedia logo

The financials are in from Expedia. According to the reports, wile quarter 4 revenue was up by 6.7% at $787.1 million compared with the previous year, expenses took their toll virtually eliminating and growth for 2011.

Tags: Expedia, Forbes, hotel profits, hotels, online travel, OTA profits, stocks, travel companies, travel profits, travel stocks, TripAdvisor, Wall Street

Orbitz Worldwide & Travelport: Ups & Downs

2011-10-21 by Phil Butler

Orbitz and Travelport, playing the shell game.

Travelport and Orbitz are in the positive and negative news again today. Travelport for any number of announcements of business dealings, and Orbitz for a very negative S & P rating they just received. Since it was announced that Travelport needed to restructure its dept, it seems as if neither of these online travel giants can catch a break.

Tags: Blackstone, Blackstone's Stephen A. Schwarzman, Bookings, CNET, credit rating, Evercore, flights, Gavin Baiera, Hilton, hotels, Howard Marks, Institutional Investor, market, Oaktree Capital, OTA's, Reuters, S & P, Standard & Poor's, Stephen Schwarzman, stock market, Wall Street

The Decaying Orbit of Orbitz Online

2010-11-14 by Phil Butler

Orbitz landing page

With the holiday travel season upon us, and Google pushing online travel giants around, the best Orbitz can come up with is a mobile application and a drug store marketing deal. American Airlines is about to pull one of Orbitz’s biggest calling cards and the company is doing research about holiday airport traffic? Just what is up with this online travel giant leaves room for much speculation.

Tags: Barney Harford, Experdia, Geoffrey Rogow, Google, Google Travel, ITA, LastMinute, MarketWatch, online travel, Orbitz financials, Orbitz travel, Sabre, Sabre holdings, Sabre investments, trael business, travel investments, travel leaders, travel news, Travelocity, Travelport, Wall Street

New Google Travel Rumors, Buy Bid On Opodo

2010-10-14 by Phil Butler

Google Travel, is it a certainty?

Rumors are about suggesting Google may be in the market for online travel portal Opodo. If the news that Amadeus is selling one of its travel units are true, a bidding war between some key financial and online travel players may ensue. Google’s ITA transaction has many people concerned that the Internet giant may dominate the online travel game.

Tags: acquisition, Amadeus, Argophilia, Axa Private Equity, equity buyout, Expedia, Google, Google Travel, ITA, Opodo, Permira, Wall Streat deals, Wall Street




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