A lack of fuel hedging will cause Carnival's free cash flow to suffer quickly if fuel prices rise substantially . Weather or acts of terrorism could prove to be a significant deterrent of potential cruise vacationers . Scale benefits give cruise companies the incentive to constantly increase
Ease of entry into the online travel market could significantly increase the amount of competition Priceline faces in the coming years.Online travel is becoming increasingly competitive, and meta-search companies with travel aggregation technology may prevent Priceline from selling inventory as
Interval's time-share exchange network has been pinched by weak consumer spending.
Royal Caribbean's free cash flow will suffer if fuel prices rise substantially.Weather or acts of terrorism could prove to be a significant deterrent of potential cruise vacationers.Scale benefits give cruise companies the incentive to constantly increase capacity. If the industry expands too
Expedia EXPE is benefiting from the general improvement in economic conditions. The company grew revenue 2.4% over the third quarter of 2008 as a result of a 9% increase in global gross bookings. As expected, international bookings and revenue continued to outpace domestic growth due to the large
Carnival's CCLCUK third-quarter results were better than we expected, and we are raising our fair value estimate as a result. Revenue declined 14% below the third quarter of 2008 numbers mostly because of a 20% drop in ticket pricing and a 10% drop in onboard spending per passenger. As Carnival ...