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Carnival Raises Annual Forecast Following Third Quarter Profit

Cruise operator Carnival Corp narrowed its annual loss forecast after managing to strike a profit during the third quarter of 2023. It's shares remained around 5% lower, however, amid concerns about rising fuel costs. The company's profit for Q3 stood at  $1.07 billion, or 79...

Marriott Projects Revenue Growth Amid Resilient Travel Demand

Marriott International forecasted on Wednesday that 3% to 6% growth in its annualized global revenue per available room for the two years ending 2025 as the hotel group expects the boom in international travel demand to continue. This comes after the company raised its annual profit...

MGM Resorts International, Other Hotels Introduce Packages to Lure Travellers

Casino operator MGM Resorts International, along with several other hotels, has turned to package deals and experiences as a means of attracting the interest of travelers. This comes amid a post-pandemic global travel boom, during which tourists have drifted away from spending money on...