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RAVE News5 articles
Musgrave to Cut 82 Back-Office Jobs in Efficiency Drive, Partners with Infosys
Musgrave plans to eliminate up to 82 finance and HR positions across three Irish cities, transferring support functions to Infosys. The move follows rising costs and squeezed margins in Ireland's competitive grocery market.
Booking Holdings Shares Drop Amid AI Search Concerns, Travel Stocks Slip
Booking Holdings fell over 3% as TripAdvisor's steep decline reignited worries about AI-driven search changes impacting travel platforms. Investors await key inflation data and upcoming earnings.
Marriott Shares Surge on Robust Luxury Travel and Credit Card Fee Projections
Marriott International stock climbed 8.5% to $359.35, nearing a record high, after forecasting a 35% rise in co-branded credit card fees and steady luxury demand. Hotel peers Hilton and Hyatt also advanced.
Marriott Shares Surge on 2026 Outlook Despite Mixed Travel Demand
Marriott International stock jumped over 9% after reporting quarterly results and issuing 2026 guidance, highlighting a divergence between strong luxury demand and softer budget travel.
Web Travel Group Shares Surge 19% as Spanish Tax Audit Concerns Ease
Web Travel Group's stock rebounded sharply after reaffirming its FY26 EBITDA guidance, despite an ongoing tax audit in Spain. Analysts warn uncertainty over the review's scope and cost could sustain volatility.