Latest news with #travelIndustry
Yahoo
27-06-2025
- Business
- Yahoo
Booking Holdings Best Positioned in Travel Sector, Says Piper Sandler After Executive Meetings
Booking Holdings Inc. (NASDAQ:BKNG) ranks among the best consumer discretionary stocks to buy now. With a price target of $5,077, Piper Sandler reaffirmed its Neutral rating on Booking Holdings Inc. (NASDAQ:BKNG) on June 18 following recent management meetings with company executives. As a means to explore different facets of the company's operations and strategy, the investment firm's analyst team met with Grace Lee, SVP of Investor Relations and FP&A at Booking Holdings Inc. (NASDAQ:BKNG), and Mike Reilly, Senior Director of IR and FP&A. The expansion of alternative accommodations, the macroeconomic climate, artificial intelligence projects, marketing effectiveness, and the competitive landscape in the internet travel industry were among the main subjects discussed during these talks. Although Piper Sandler remained neutral regarding the larger online travel sector, it did concede that Booking Holdings Inc. (NASDAQ:BKNG) 'remains best positioned given end market exposure and solid execution' in comparison to its competitors. Booking Holdings Inc. (NASDAQ:BKNG) offers traditional and online reservations for restaurants and travel, as well as associated services in the US, the Netherlands, and other countries. While we acknowledge the potential of BKNG 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 More: and 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
Skift
26-06-2025
- Business
- Skift
Skift Travel Health Index: May 2025 Highlights
In May 2025, Skift Travel Health Index, at 102, indicates a period of balanced growth in the global travel industry. While the hotel sector faces challenges and revised forecasts, the strong performance of vacation rentals and steady growth in other segments paint an optimistic picture for global travel. Report Overview This report highlights the latest insights from the Skift Travel Health Index. The index covers travel's performance since January 2020, up to and including May 2025. The Skift Travel Health Index is a real-time measure of the performance of the travel industry at large, and the core verticals within it. The Index provides the travel industry with a powerful tool for strategic planning, which is of utmost importance as times remain uncertain. Skift Research launched the Index in May 2020 as the Skift Recovery Index. At the start of 2022 we rebranded the Index as the Skift Travel Health Index, to reflect some far-ranging changes: the addition of many more indicators, additional data partners, and most importantly, our continued effort to track the industry health beyond the impact of the Covid-19 pandemic. We are thankful for the continued support of our other data partners: Amadeus, Aviasales, Beyond, CarTrawler, Cendyn, Cloudbeds, Collinson, Criteo, Duetto, Hotelbeds, Key Data Dashboard, Lighthouse, Nium, OAG, Onyx CenterSource, Shiji Group, Skyscanner, Sojern, The Data Appeal Company, TravelgateX, and TrustYou. Their data allows us to provide you with a monthly assessment of travel's performance.
South China Morning Post
14-06-2025
- Business
- South China Morning Post
More Chinese travelling to South Korea as memories of political chaos recede
Chinese tourism to South Korea is picking up with the end of political instability in Seoul and the two nations pledging closer relations shortly before visa exemptions take effect, travel industry sources said this week. Bookings from China – South Korea's largest source of foreign visitors – for the three months from April to June have been about 24 per cent higher than for the three months ending in February, according to data compiled by the travel marketing and technology company China Trading Desk. Bookings from China to South Korea for the three months from April to June have been about 24 per cent higher than for the three months ending in February, according to data compiled by China Trading Desk, a travel marketing and technology company. China is South Korea's largest source of foreign visitors. Chinese bookings rose just 7 per cent year on year in February, making it the slowest-growing month so far this year, the company said. China's annual Lunar New Year outbound travel boom ran from January 28 to February 4 this year. Between December 2 and 9, as the Korean political fracas unfolded, bookings from China to South Korea for January and February fell by 12 per cent, it said.
Skift
27-05-2025
- Business
- Skift
Announcing GreenShift, a New Podcast About Climate Change and Travel
The podcast where solutions-based journalism cuts through industry spin to spotlight real progress in travel sustainability. Skift has launched a new climate podcast, GreenShift, a show exploring how the global travel industry is responding to the climate crisis. Hosted by Darin Graham, climate reporter at Skift, GreenShift will feature straightforward conversations with leaders across travel and tourism. The podcast dives into the sector's biggest climate challenges, highlights emerging solutions, and reports on the breakthrough technologies that could help reduce greenhouse gas emissions. Listen to the First Episode Recent studies suggest travel is responsible for roughly 9% of global emissions and that share is only expected to grow and travel and tourism is widely seen as the fastest-growing sector in terms of greenhouse gas output. The first season of GreenShift includes interviews with executives from Radisson Hotel Group, Delta Air Lines, Sabre, Travelyst, and more. Each episode unpacks a different climate issue facing the industry, from greener jet fuel, hotel energy efficiency and the direct impacts of more frequent extreme weather. It asks what's working, what's not, and what still needs to happen. Climate regulations are evolving fast, with governments and industry bodies introducing ambitious net-zero targets. Aviation, for example, has committed to reaching net zero by 2050. That means slashing emissions as close to zero as possible and offsetting what's left. But how realistic are these timelines? And are companies actually making progress? GreenShift is here to find out. Subscribe on Apple, Spotify, YouTube, or wherever you get your podcasts. Skift's in-depth reporting on climate issues is made possible through the financial support of Intrepid Travel. This backing allows Skift to bring you high-quality journalism on one of the most important topics facing our planet today. Intrepid is not involved in any decisions made by Skift's editorial team.
Daily Mail
14-05-2025
- Business
- Daily Mail
Holiday giant Tui sees shares dive 10% as summer sales slump amid weaker demand in Europe
Holidays giant Tui has suffered a slowdown in summer bookings due to weaker demand in Europe. Shares in Europe's largest travel agent tumbled 10.9 per cent as boss Sebastian Ebel warned of a 'challenging' year ahead. Tui, which last year abandoned London's stock market for Germany, blamed the 1 per cent drop in summer sales on a later Easter changing customer behaviour. UK bookings were in line with last year, it said, with 64 per cent of the total programme sold so far. Ebel said summer sales would probably reach 2024 levels, adding: 'Europe needs new momentum. 'We must return to an overall economy that is growing. More investment, more freedom – less regulation and less bureaucracy. This will strengthen the economy and consumer behaviour.' Tui losses widened to £174million in the second quarter, from £158.8million a year earlier, but that was less than the £188.5million expected by analysts.
