00:00Danny, the number one question that companies are confronting is how are they dealing with rising fuel expenses tied to
00:05the Iran war?
00:06So let's start with JetBlue Airways.
00:08Like the legacy carriers, JetBlue says it's not seeing a drop off in demand, but it is passing costs on
00:14to consumers through higher bag fees and airfares.
00:17And it's reducing the number of flights on offer and plans to remove even more capacity after the summer peak.
00:22Then you've got Hilton. The hotel operator saw strong growth across its brands from premium to economy offerings, with revenue
00:29per available room rising 3.6 percent globally.
00:33Its home market, the U.S., grew alongside every other region except for the Middle East and Africa, which posted
00:39a 1.7 percent drop.
00:40Now, on the other hand, booking holdings forecast lower than expected sales growth for this quarter and cut its full
00:47-year outlook.
00:47The online travel company cited deteriorating travel demand.
00:50As for other earnings on deck, we've got Hyatt, Marriott, and Airbnb this week and next, along with cruise line
00:57operators Royal Caribbean, Norwegian Cruise, and Viking.
01:01Carnival already gave us a glimpse when it reported double-digit increases for full-year bookings and anticipation of the
01:07highest fuel costs since 2022.
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