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Financial Earnings
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Online
Expedia Group CEO says metrics show strategy is working
By Mitra Sorrells
|
February 9, 2023
In a call with analysts to discuss the company's Q4 and full year 2022 financial results, CEO Peter Kern says efforts to move all brands to the same front-end tech stack are nearly complete, with Vrbo...
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News
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Online
Uber, Lyft earnings may bode well for travel trends
By Derek Catron
|
February 9, 2023
Both companies anticipate gross bookings to grow 20 to 24% year over year in the current quarter.
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News
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Online
Trivago sees big opportunity in direct hotel booking
By Linda Fox
|
February 8, 2023
Trivago says that the “value of metasearch has increased” in the current environment as consumers are more interested in comparing offers and searching for savings.
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News
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Online
MakeMyTrip optimistic about future as India invests in airports, highways
By Mitra Sorrells
|
February 7, 2023
MakeMyTrip's gross bookings for the past quarter were valued at $1.74 billion, an increase of more than 64% year-over-year.
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News
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Technology
United boss warns airlines have "outgrown their technology infrastructure"
By Linda Fox
|
January 19, 2023
United CEO Scott Kirby says pilot shortages and other staffing issues as well as the delay in aircraft delivery and parts are inhibiting the growth of carriers.
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News
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Online
Trip.com Group continues to make gains in Q3
By Linda Fox
|
December 15, 2022
Trip.com Group's accommodation revenue increased by almost a third to $408 million while transportation ticketing revenue was up 44% to $369 million year-on-year.
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News
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Online
Earnings roundup: Amex GBT, Sonder, Vacasa
By Mitra Sorrells
|
November 11, 2022
As publicly traded travel companies continue to report their third quarter 2022 earnings, we round up the latest reports.
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News
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Online
HomeToGo boosted by last-minute summer bookings
By Linda Fox
|
November 10, 2022
Vacation rental marketplace HomeToGo has reported booking revenue of €43 million for the third quarter of 2022.
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News
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Online
OTAs look to longer-term value for marketing dollars
By Linda Fox
|
November 10, 2022
Direct relationships, channels and loyalty programs are seen as the way forward as OTAs seek a shift from classic performance channels.
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News
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Online
Tripadvisor beats 2019 revenue for first time, Viator up 138% year-over-year
By Mitra Sorrells
|
November 7, 2022
Tripadvisor revenue in the third quarter of this year was $459 million, up 51% year-over-year and exceeding Q3 of 2019 by $31 million.
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News
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Distribution
Amadeus makes further progress towards recovery in Q3
By Linda Fox
|
November 4, 2022
Amadeus revenue for the third quarter of 2022 represented 87% of its third quarter revenue in 2019.
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News
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Online
Expedia Group sees record profitability, revenue in Q3
By Mitra Sorrells
|
November 3, 2022
Revenue in the quarter came in at $3.6 billion compared to $2.9 billion in Q3 2021, a 22% increase.
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News
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Online
Trivago reports solid Q3 despite consumers choosing shorter, cheaper stays
By Kathryn Walson
|
November 3, 2022
The Germany-based metasearch brand attributes its adjusted EBITDA growth to cost discipline, increased marketing efficiency and recovering travel demand.
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News
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Online
Booking Holdings posts highest quarterly revenue in Q3 2022
By Kathryn Walson
|
November 2, 2022
Revenue for the third quarter of 2022 was up 29% year-on-year to $6.1 billion; adjusted EBITDA rose 26% year-on-year to $2.7 billion.
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News
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Distribution
Sabre sees revenue increase in Q3 despite "slow start"
By Linda Fox
|
November 2, 2022
The company says international air bookings remained strong into September, and air bookings ended the month at their highest point since the pandemic began.
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