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Trip.com Group Announces Completion of the Repurchase Right Offer for Its 1.50% Exchangeable Senior Notes due 2027
Prnewswire· 2025-06-30 10:00
Core Viewpoint - Trip.com Group Limited has completed its repurchase right offer for its 1.50% Exchangeable Senior Notes due 2027, with no notes being validly surrendered before the expiration of the offer [1] Group 1: Company Overview - Trip.com Group Limited is a leading global one-stop travel platform, offering a comprehensive suite of travel products and services [3] - The company operates under various brands, including Ctrip, Qunar, Trip.com, and Skyscanner, and aims to provide cost-effective travel bookings and support [3] - Founded in 1999, the company was listed on Nasdaq in 2003 and on HKEX in 2021 [3] Group 2: Financial Information - The repurchase right offer for the Exchangeable Notes expired on June 27, 2025, and US$500,000,000 in aggregate principal amount of the notes will remain outstanding [1] - The existing terms of the Exchangeable Notes and the related Indenture will continue to apply [1]
Club Offers Released on June 26, 2025
Prnewswire· 2025-06-26 16:11
Core Insights - Travelzoo® has launched Club Offers for its members, providing exclusive travel deals that are rigorously vetted and negotiated for travel enthusiasts in the UK [1] Company Overview - Travelzoo® is a club for travel enthusiasts, reaching 30 million travelers globally. Club Members receive offers personally reviewed by deal experts [1] - The company partners with thousands of top travel suppliers, leveraging long-standing relationships to access attractive deals [1] Featured Offers - £399 per person for a two-night stay at the iconic Burgh Island Hotel, including two black-tie dinners, saving up to £750 [2] - £49 per person for an exclusive member event aboard Virgin Voyages' new ship, Brilliant Lady, featuring a cocktail hour and a four-course dinner [2] - £4,999 per person for a Galápagos expedition cruise, including flights and excursions, saving £2,387 [2] - £399 per person for a seven-night stay at the new 5-star Hotel Unda in Corfu, saving up to 61% [2] - Some offers have limited inventory and are subject to availability [2]
Inspirato and Buyerlink Announce Definitive Agreement to Combine Companies, Forming One Planet Platforms
Globenewswire· 2025-06-26 13:00
Core Viewpoint - Inspirato and Buyerlink are merging through a reverse merger, valuing Buyerlink at approximately $326 million, aiming to create a leading platform for online marketplaces across various sectors, with projected revenues of around $350 million and adjusted EBITDA of approximately $30 million by 2025 [1][7]. Strategic Rationale - The merger aims to transform Inspirato from a luxury hospitality brand into a technology-driven luxury travel marketplace, enhancing member services and expanding luxury travel experiences [2]. - By integrating Buyerlink's capabilities, the combined entity will focus on maximizing value for members and tapping into new segments of the global luxury travel market [2]. Company Profiles - Inspirato is a luxury vacation club and property technology company, providing curated vacation options and custom travel experiences [14]. - Buyerlink is a leading marketing technology platform specializing in online marketplaces across high-value verticals, particularly in automotive and home services [15]. Transaction Details - The merger will consist of 90% common stock and 10% preferred stock, with preferred stock carrying a 7% accrued dividend [8]. - The average closing price of Inspirato's common stock prior to the agreement was $3.61 per share [8]. Governance and Leadership - One Planet Group will become the majority shareholder of the new entity, which will be named One Planet Platforms, with Payam Zamani serving as Chairman and CEO [9]. - Inspirato will continue to operate as a premier luxury travel company within the combined entity [9]. Approval Process - A Special Committee of Inspirato's Board of Directors conducted a thorough review and unanimously recommended the merger, which was subsequently approved by the full Board [11].
Four Seasons Education Files Fiscal Year 2025 Annual Report on Form 20-F
Prnewswire· 2025-06-26 10:50
Group 1 - Four Seasons Education (Cayman) Inc. filed its annual report on Form 20-F for the fiscal year ended February 28, 2025, with the SEC on June 26, 2025 [1] - The annual report includes audited consolidated financial statements and is available on the Company's investor relations website and the SEC's website [1] - Shareholders and ADS holders can request a hard copy of the annual report free of charge [1] Group 2 - Four Seasons Education (Cayman) Inc. provides tourism and education-related services in China [2] - The Company's offerings include non-academic tutoring programs, school-based tutoring solutions, teacher training programs, study camps, learning trips, and travel agency services [2]
MoonFox Data | Simultaneous Growth in Scale and Profit of Ly.com Underscores the Potential of Mass-market Tourism
GlobeNewswire News Room· 2025-06-26 09:00
Core Insights - ly.com demonstrated significant growth in Q1 2025, with revenue reaching RMB 4.377 billion, a 13.2% year-over-year increase, and adjusted net profit of RMB 788 million, up 41.1% YoY, indicating strong demand in the mass-market tourism sector [1][2][4] Operational Performance - Revenue from the online travel platform segment grew by 18.4% YoY to RMB 3.792 billion, accounting for approximately 86.6% of total revenue, driven by accommodation booking services and transportation ticketing [4][5] - Adjusted EBITDA reached RMB 1.159 billion, reflecting a robust business mix and multi-dimensional expansion [2][4] Business Developments - ly.com is focusing on mass-market tourism, targeting consumers in non-first-tier cities, which represent a significant growth opportunity, with 87% of registered users from these areas [9][11] - The company has integrated AI capabilities to enhance operational efficiency, reducing labor costs by 20% and improving user experience through personalized travel planning [16][17] Strategic Insights - The mass-market tourism sector is experiencing segmentation and diversification, with a growing demand for differentiated travel experiences among various consumer groups [20][21] - Outbound tourism is expected to drive future growth, particularly from non-first-tier cities, as ly.com enhances its international offerings and partnerships [7][23]
X @Investopedia
Investopedia· 2025-06-25 13:00
Carnival Corporation beat fiscal second-quarter profit and sales forecasts, and increased its outlook on more passengers and lower costs. https://t.co/uHiBkb9zFn ...
Webuy Global Ltd. Named One of Asia-Pacific’s Fastest-Growing Companies by Financial Times
Globenewswire· 2025-06-25 12:00
Singapore, June 25, 2025 (GLOBE NEWSWIRE) -- Webuy Global Ltd. (Nasdaq: WBUY), a technology-driven e-commerce and travel platform, is proud to announce its inclusion in the Financial Times and Statista’s “High-Growth Companies Asia-Pacific 2025” list, which recognizes 500 outstanding companies in the region based on compound annual revenue growth between 2020 and 2023. This prestigious annual ranking highlights companies that have shown exceptional resilience and innovation amid global uncertainty. The 2025 ...
3 Growth Stocks That Turned $5,000 Investments 20 Years Ago Into Over $1 Million Today
The Motley Fool· 2025-06-25 10:00
Group 1: Investment Potential of Growth Stocks - Investing in growth stocks can lead to significant long-run returns, but future performance is uncertain [1] - Diversifying investments across multiple growth stocks can be beneficial, as one successful investment can yield substantial returns [2] Group 2: Nvidia - Nvidia has emerged as a major growth story, particularly due to its role in AI technology, with its chips now critical for AI development [4] - The company generated $77 billion in profit over the last 12 months, a significant increase from previous revenue levels [5] - A $5,000 investment in Nvidia 20 years ago would be worth over $3.1 million today, highlighting its long-term potential [6] Group 3: Netflix - Netflix has consistently evolved its business model, transitioning from DVD rentals to streaming and now live TV and gaming [8] - The company is valued at $40 billion with net margins exceeding 23%, serving as a model for profitability in the streaming industry [9] - A $5,000 investment in Netflix 20 years ago would now be worth about $3 million, indicating its strong growth trajectory [11] Group 4: Booking Holdings - Booking Holdings has been a significant investment opportunity, with a $5,000 investment growing to nearly $1.1 million today [12] - The company leads in online travel services, revolutionizing how consumers book travel through its popular websites [13] - In the last year, Booking Holdings generated $23.7 billion in sales, an 11% increase from the previous year, with a profit of $5.9 billion [14]
刘强东杀入酒旅,要夺回京东失去的五年
首席商业评论· 2025-06-25 03:47
京东供应链是东哥最后的底牌。 京东失去的五年 6月17日,刘强东在一场分享会中,阐述了京东商业模式的本质、进军外卖的初心和逻辑,以及新业务拓展、组织建设等多方面观点,内容刷屏。但其中最引人注 意的还是东哥罕见的直接批评"京东失去了五年"。开会检讨谁都见过,但像东哥这样一把手直接毫不客气的批评,还是较为少见。 东哥这番批评并不是内部管理手段,也不是选择流量最大的说法,而是有一定现实依据。 刘强东说:"京东集团每隔三年会有一个新的商业模式出来,我们一直保 持,当然最近这五年,京东没有任何新的东西,很遗憾。最近五年可以说是京东失落的五年,是走下坡路的五年,可以毫不留情地这么说,没有创新,没有成 长,没有进步的五年,应该算是我创业史上是最没有特色的、贡献价值最少的五年。未来每年都会有一个创新项目,现在已经有包括稳定币在内的6个创新项目在 陆续推出。" 2022年京东参团低价大战,创始人火线回归,业务线动荡频繁。它学习拼多多做低价,要和阿里掰手腕,还得分神和美团过两招。种种激进与挣扎,只换来一路 走低的股价与资本市场的诘问。 也很少有人能记起,京东曾是最先进入即时零售领域的,2015年就推出配送时效为一小时的京东到家, ...
Business is strong and our brand is amazing, says Carnival Corporation CEO Josh Weinstein
CNBC Television· 2025-06-24 16:04
Josh Weinstein, Carnival Corporation CEO, joins 'Money Movers' to discuss consumer demand, summer travel and the stock. ...