With more digital travel companies in the public markets than ever before, PhocusWire documented the entire history of quarterly total revenues since the first digital brands IPOed in the mid-1990s.
The data, which is contained in an animated bar chart, is in United
States dollars and in millions.
All numbers were pulled from publicly available financial reports.
When a company files an IPO, its quarterly earnings are added to the chart’s timeline.
A delisting from the public
markets sees the company removed. A few notable examples include TravelNow in 2000, Travelocity in 2001,
Datalex in 2018
and
Travelport in 2019
.
Some of the current companies, including Booking Holdings, Expedia Group and Trip.com Group,
went through name changes since 1995 which are not reflective on the chart.
Some of Expedia’s revenue earnings are not included between 2003 to 2004 due to the acquisition by IAC/InterActiveCorp in 2003, before being becoming Expedia in 2005
and trading again.
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Sabre Holdings is the first company on the list, with quarterly earnings dating back to 1995. It delisted in 2007 due to an acquisition by private equity and
began publicly trading again as Sabre Corporation in 2014
.
Orbitz delisted from
the public market in 2004 after its acquisition by Cendant Corporation. It filed a return IPO in 2007, but then was delisted in 2015
following its purchase by Expedia Group
.
In 2013, Kayak,
which went public in 2012
, delisted after being
acquired by Booking Holdings
.
Several
companies in international markets only report earnings on a half-year basis, which means their revenue numbers on the chart only change twice a year.
Foreign currencies were converted into U.S dollars, using the exchange rate at the time.
The bar chart will be updated
as new quarterly revenue reports are announced. It will also include future publicly traded companies in the space.
If there are any errors or companies that were missed on this bar chart, please email [email protected].