Cruise Lines and Experiential Leisure (Cruise, Live Events, Fitness, Ski/Parks, Timeshare)

U.S.-listed operators of perishable, capacity-constrained leisure inventory whose economics are driven by an occupancy x rate decomposition over a fixed capacity denominator. The corpus spans five sub-models that share the structural shape but diverge in vocabulary and disclosure surface: (1) CRUISE LINES (CCL, RCL, NCLH) selling cabin-nights on owned ocean vessels with paired ticket revenue and o

Each company on its own headline number

TickerCompanyTheir metricPeriodYoYA year ago
LYVLive Nation Entertainment, Inc.Fee-bearing ticketsFY2026-Q2+8.4%-36.5%
TKOTKO Group Holdings, Inc.UFCFY2026-Q2+28.8%+5.4%
HGVHilton Grand Vacations Inc.Sales of VOIs, netFY2026-Q2+8.1%-0.4%
LTHLife Time Group Holdings, Inc.Center memberships (end of period)FY2026-Q1+1.4%+3.0%
MTNVail Resorts, Inc.Resort Reported EBITDAFY2026-Q3-9.5%-1.0%
CNKCinemark Holdings, Inc.ConcessionFY2026-Q2+14.7%+29.0%
VACMarriott Vacations Worldwide CorporationAdjusted Diluted Earnings Per ShareFY2026-Q1-25.3%-7.8%
BATRAAtlanta Braves Holdings, Inc.Mixed-Use Development RevenueFY2026-Q2+14.2%+48.9%
MSGEMadison Square Garden Entertainment Corp.Adjusted Operating IncomeFY2026-Q3-20.6%+50.4%
CARAvis Budget Group, Inc.Americas Adjusted Earnings Before Interest, Taxes, Depreciation and AmortizationFY2026-Q2+7.7%
CCLCarnival Corporation & plcAdjusted diluted EPSFY2026-Q2+17.1%
MSGSMadison Square Garden Sports Corp.Adjusted Operating IncomeFY2026-Q3
NCLHNorwegian Cruise Line Holdings Ltd.OccupancyFY2025-Q4+1.0 pts
PLNTPlanet Fitness, Inc.Total clubsFY2026-Q1+6.1%
RCLRoyal Caribbean Cruises Ltd.Adjusted EBITDAFY2025-Q2
SPHRSphere Entertainment Co.Adjusted Operating IncomeFY2026-Q1
TNLTravel + Leisure Co.Adjusted diluted EPS (non-GAAP)FY2026-Q1+30.6%

Where they use the same metric

  • Adjusted EBITDA — reported by 8 of 23
  • Free cash flow — adjusted — reported by 5 of 23
  • Adjusted net income — reported by 4 of 23
  • Liquidity — reported by 3 of 23
  • Other Revenue revenue — reported by 3 of 23
  • Adjusted Diluted Earnings Per Share — reported by 3 of 23
  • Adjusted Operating Income — reported by 3 of 23

A side-by-side appears only when three or more companies report the same metric under their own definition. Nothing is translated from one company's segment into another's.

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