Travelzoo Inc., a global Internet media company, today announced financial results for the first quarter ended March 31, 2015, with revenue of $36.5 million, a decrease of 9% year-over-year. Net income was $1.9 million, with diluted earnings per share of $0.13, down from $0.31 in the prior-year period.
Consolidated passenger unit revenue (PRASM) for the month of March was flat year over year, as domestic strength offset pressure in international markets, predominantly from currency fluctuations, which reduced system PRASM by 1.5 points. Domestic PRASM grew 2.5% for the month.
Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK) announced non-GAAP net income for the full year 2014 of $1.5 billion, or $1.96 diluted EPS, compared to non-GAAP net income of $1.2 billion, or $1.58 diluted EPS, for the prior year.
On a comparable basis (42 hotels), RevPAR increased 6.6% to $165.15, with an ADR increase of 3.2% to $190.41 and occupancy growth of 274 basis points to 86.7%. Strong ADR led growth in several of our core markets allowed the comparable portfolio to increase EBITDA margins by 90 basis points to 41.9%.