Cruise

OneSpaWorld Announces Preliminary Fourth Quarter and Fiscal Year 2023 Revenue and EBITDA in line with Guidance and Introduces Fiscal 2024 Revenue and EBITDA Guidance

Retrieved on: 
Monday, January 8, 2024

The Company is providing this update ahead of investor meetings and its fireside chat presentation at the 26th Annual ICR Conference.

Key Points: 
  • The Company is providing this update ahead of investor meetings and its fireside chat presentation at the 26th Annual ICR Conference.
  • Overall, fiscal 2023 represented an outstanding year for OneSpaWorld, as demonstrated by our preliminary expectations to deliver revenue and EBITDA growth of 45% and 73%, respectively, from fiscal 2022.
  • The Company is providing a preliminary range for Fourth Quarter and Fiscal Year 2023 total revenue and Adjusted EBITDA and introducing guidance for fiscal 2024 to allow it to speak to these topics during the ICR Conference today.
  • As the Company has not completed its quarter and year-end fiscal close or the audit of its 2023 financial statements, the revenue expectation presented in this press release may change.

UnCruise Adventures Launches ‘Leap into Adventure’ WAVE Season Deals

Retrieved on: 
Wednesday, January 3, 2024

UnCruise Adventures, leading small-ship adventure brand, is thrilled to unveil new and exclusive WAVE season offers for the 2024 Alaska cruise season.

Key Points: 
  • UnCruise Adventures, leading small-ship adventure brand, is thrilled to unveil new and exclusive WAVE season offers for the 2024 Alaska cruise season.
  • This leap year, UnCruise Adventures is inviting adventurers to embrace the spirit of exploration with unmatched opportunities.
  • “Spring in Alaska is one of my favorite times of the year,” shares Captain Dan Blanchard, UnCruise Adventures Owner & CEO.
  • I can’t wait to welcome our guests back to Alaska in 2024.”
    The UnCruise Adventures brand is known for its deep commitment to immersive and personal adventure cruises.

Sustainable and accessible tourism, the cornerstone of FITUR 2024

Retrieved on: 
Thursday, December 21, 2023

All the sections at FITUR have the topic of sustainability as a guiding theme, the first edition of FITUR 4all being a noteworthy addition, in order to highlight the importance of advancing towards accessible and inclusive tourism.

Key Points: 
  • All the sections at FITUR have the topic of sustainability as a guiding theme, the first edition of FITUR 4all being a noteworthy addition, in order to highlight the importance of advancing towards accessible and inclusive tourism.
  • In favour of equality, a special mention also to the work of FITUR Woman, which highlights female talent in tourism and promotes equal opportunities, as well as FITUR LGBT+.
  • FITUR Screen, FITUR Sports and FITUR Lingua, for their part, stand out for their aim to promote destinations with which to deseasonalise and distribute tourism activity throughout the territories, which is fundamental for the development of communities and progress towards increasingly sustainable models.
  • In this way, sustainable participation at FITUR is also underlined by the Sustainable Stand Awards, which aim to recognise exhibitors' efforts to ensure that their presence at FITUR.

CLC Lodging Launches Updated Portal for Hotel Partners

Retrieved on: 
Wednesday, December 20, 2023

CLC Lodging, America’s workforce lodging leader and a FLEETCOR company, announced the launch of its updated online hotel portal with new features that empower its hotel partners to deliver an exceptional guest experience.

Key Points: 
  • CLC Lodging, America’s workforce lodging leader and a FLEETCOR company, announced the launch of its updated online hotel portal with new features that empower its hotel partners to deliver an exceptional guest experience.
  • View the full release here: https://www.businesswire.com/news/home/20231220341008/en/
    An updated dashboard with everything in one place, delivering a more streamlined CLC guest check-in process.
  • (Graphic: Business Wire)
    “The updated portal was designed to make the CLC program easy for our hotel partners to use,” said Kathy Bishop, Senior Vice President of Product at CLC Lodging.
  • “We prioritized the features that are most important during the check-in and check-out process, and we reorganized everything to allow our partners to intuitively navigate the portal and manage their CLC program more efficiently.”
    New features of the hotel partner portal include:
    Modern Look and Enhanced Dashboard: The portal features a sleek, modern look with a new dashboard that provides easy management of all aspects of the CLC program.

Essential Travel Tips for a Safe and Healthy Holiday Season from International SOS

Retrieved on: 
Monday, December 18, 2023

International SOS , the world's leading health and security risk services company, shares expert advice to help organisations effectively manage travel risks and safeguard their workforces during this festive period.

Key Points: 
  • International SOS , the world's leading health and security risk services company, shares expert advice to help organisations effectively manage travel risks and safeguard their workforces during this festive period.
  • The holiday season often presents a unique set of travel considerations and challenges, particularly in terms of ensuring the safety and wellbeing of a diverse workforce.
  • Perennial safety and security risks including extreme weather events and criminal activities could pose significant threats during travels.
  • Eat, drink and be jolly informed: Remind employees to stay hydrated, well rested and pack essential medications.

General Motors Company (GM) Investor Notice: Robbins LLP Reminds Investors of Class Action Filed Against General Motors Company

Retrieved on: 
Wednesday, December 13, 2023

Robbins LLP reminds investors that a shareholder filed a class action on behalf of all persons and entities that purchased or otherwise acquired General Motors Company (NYSE: GM) securities between February 2, 2022 and October 26, 2023.

Key Points: 
  • Robbins LLP reminds investors that a shareholder filed a class action on behalf of all persons and entities that purchased or otherwise acquired General Motors Company (NYSE: GM) securities between February 2, 2022 and October 26, 2023.
  • GM is an automotive manufacturing company that designs, builds, and sells trucks, crossovers, cars, and automobile parts worldwide.
  • Cruise LLC (“Cruise”) is GM’s majority-owned global segment responsible for the development and commercialization of autonomous vehicle (“AV”)—i.e., driverless—technology.
  • What Now: Similarly situated shareholders may be eligible to participate in the class action against General Motors Company.

Despegar.com Raises 2023 Financial Guidance

Retrieved on: 
Wednesday, December 13, 2023

Despegar.com, Corp. (NYSE: DESP) (“Despegar” or the “Company”), Latin America’s leading travel technology company, today announced that it is raising its full-year 2023 financial guidance as follows:

Key Points: 
  • Despegar.com, Corp. (NYSE: DESP) (“Despegar” or the “Company”), Latin America’s leading travel technology company, today announced that it is raising its full-year 2023 financial guidance as follows:
    Adjusted EBITDA: $105 million to $110 million, vs. $90 million to $100 million before
    Revenue: $690 million to $700 million, vs. $670 million to $700 million before
    Damian Scokin, Despegar’s CEO, said: “Despegar’s market leading position and best-in-class technology platform, coupled with our strong commercial execution, enable us to fully exploit travel demand which remains robust across our markets.
  • In addition, we continue driving strong operational efficiencies.
  • Accordingly, we are raising our 2023 Adjusted EBITDA guidance range, and raising the lower end of our 2023 revenue guidance range.
  • Further, we expect to maintain above-market revenue growth and continue generating operational efficiencies in the foreseeable future, as our profitable growth strategy gains additional traction.”

Amex GBT Receives Credit Rating Upgrade; S&P Global Ratings Upgrades the Company to B+

Retrieved on: 
Tuesday, December 12, 2023

American Express Global Business Travel, which is operated by Global Business Travel Group, Inc. (NYSE: GBTG) (“Amex GBT” or the “Company”), the world’s leading B2B travel platform, today announced that it has received an upgrade from S&P Global Ratings (“S&P”) to its issuer credit rating to ‘B+’ from ‘B-‘ on rapid deleveraging and positive cash flows with a stable outlook.

Key Points: 
  • American Express Global Business Travel, which is operated by Global Business Travel Group, Inc. (NYSE: GBTG) (“Amex GBT” or the “Company”), the world’s leading B2B travel platform, today announced that it has received an upgrade from S&P Global Ratings (“S&P”) to its issuer credit rating to ‘B+’ from ‘B-‘ on rapid deleveraging and positive cash flows with a stable outlook.
  • At the same time, S&P raised its issue-level ratings by two notches in conjunction with the upgrade.
  • The upgrade reflects S&P’s view that market share gains and operating leverage will continue to support good operating performance and points to “continued underlying strength in business travel, strong momentum within the small to midsize enterprise (SME) segment (specifically from the unmanaged category), higher growth in Asia-Pacific, strength in hotel and air transactions, and continued share gains across both global multinational and SMEs.”
    Karen Williams, CFO of Amex GBT, stated: “We are pleased with the credit rating upgrade, which is a critical proof point that reflects our momentum and focus on the balance sheet.
  • The upgrade is further recognition of our commitments to 1) achieving outstanding financial results by growing revenue, growing Adjusted EBITDA and increasing Free Cash Flow, 2) continued margin improvement and 3) creating capacity to invest and drive long-term sustained growth.”

Carnival Cruise Line Selects Brenock Technology as Cruise Software Provider

Retrieved on: 
Tuesday, December 12, 2023

Brenock Technology, LLC (Brenock), a leading provider of software applications and consulting services for marine, cruise and hospitality sectors, announced today that it has signed an agreement with Carnival Cruise Line (Carnival) to serve as its crew planning and cost management software provider.

Key Points: 
  • Brenock Technology, LLC (Brenock), a leading provider of software applications and consulting services for marine, cruise and hospitality sectors, announced today that it has signed an agreement with Carnival Cruise Line (Carnival) to serve as its crew planning and cost management software provider.
  • “Our vision of leveraging technology and building a scalable model aligns with Brenock’s product.
  • We’re thrilled to collaborate with Brenock to modernize critical backend operations so we can continue to elevate the Carnival Team Member experience,” said Richard Brearley, Vice President of Crew and Travel Operations with Carnival Cruise Line.
  • “We are proud to partner with a renowned cruise line such as Carnival to optimize its planning and cost management processes,” said Manus Walsh, President and Founder of Brenock Technology.

Sailing into 2024: Dream Yacht Worldwide Shares Trend Forecast & Learnings from 2023

Retrieved on: 
Monday, December 11, 2023

Dream Yacht Worldwide (DYW), a leading sea-based vacation and global yacht charter company, has shared its forecasted trends for the sailing industry and key learnings from the past several months.

Key Points: 
  • Dream Yacht Worldwide (DYW), a leading sea-based vacation and global yacht charter company, has shared its forecasted trends for the sailing industry and key learnings from the past several months.
  • Dream Yacht Worldwide has seen increased interest from non-sailors to try sailing as a new vacation experience (20% of new contacts have never sailed before in 2023, vs. 15% in 2022).
  • The company believes this is partly due to greater overall awareness of yacht charters as a vacation option even for non-sailors.
  • Dream Yacht Worldwide’s top destinations for generational travel have been the British Virgin Islands, the Abacos and Tahiti.