As in other industries whose shares have looked shaky of late, you can pin some of the blame on China's slowdown, since Chinese leisure and business travelers have become
major revenue drivers.
Not exact matches
Major drivers of the increase over that last decade according to the PEW Center were: recession related
revenue declines (28 %), defence spending (13 %; cost of the wars on terror alone were over $ 2.4 trillion to the end of 2009 according to Homeland Security Research), Bush tax cuts (13 %), increases in net interest (11 %), and other non-defence spending (10 %).
Though it's a highly diversified consumer electronics company, Sony's PlayStation 4 console — introduced five years ago — has become a
major profit
driver (see the box «Game Changers» to learn how), and the company now derives roughly 30 % of its
revenue from gaming.
Export Ready, Export Critical: Music Publishing in Canada, found that sales outside Canada have become a
major driver of sector growth, resulting in more than C$ 120 million in
revenue increase among Canadian Music Publisher Association members since 2005.
«Game day receipts were a
major driver of
revenues 10, 20, 30 years ago.
He said another
major challenge will be preparing for new state laws regarding
drivers license renewals, which have been a
major revenue generator for the clerk's office.
Equity assets are likely to remain a
major revenue and profit
driver until interest rates return to more historical levels.