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%.
Travelzoo Inc. today announced financial results for the first quarter ended March 31, 2014, with revenue of $40.2 million, a decrease of 5% year-over-year. Operating profit was $7.0 million, down 13% year-over-year. Net income was $4.6 million, with diluted earnings per share of $0.31, down from $0.36 in the prior-year period.