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Financial Earnings
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Online
Airbnb reports most profitable quarter ever in Q3 2022
By Kathryn Walson
|
November 1, 2022
Revenue for the period ending Sept. 30, 2022, was $2.9 billion, up 29% year-on-year, while adjusted EBITDA was $1.5 billion – a 32% climb from Q3 2021.
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Startups
“Nomadic traveler”-focused hospitality brand Selina goes public
By Mitra Sorrells
|
October 28, 2022
Founded in 2014 and based in London, Selina’s portfolio includes 163 open or secured properties in 25 countries.
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News
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Startups
Selina updates on public listing, reveals roadmap
By Linda Fox
|
October 13, 2022
The company, which announced a plan to go public via a business combination almost a year ago, says revenue for the first half of 2022 was $86 million, a 142% increase year-on-year.
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News
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Online
Phocuswright Conference 2022: The inside scoop from Wall Street analysts
By PhocusWire
|
October 4, 2022
Hear from Evercore senior managing director Mark Mahaney, UBS managing director Lloyd Walmsley and Truist Securities director Naved Khan at The Phocuswright Conference in November.
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Online
Trip.com Group sees signs of optimism despite revenue drop in Q2
By Mitra Sorrells
|
September 22, 2022
Trip.com Group's total revenue in the second quarter of this year came in at $598 million, down 32% from the same period in 2021 and down 2% compared to the prior quarter.
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News
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Online
OYO looks to IPO again as results improve
By Linda Fox
|
September 19, 2022
The company initially filed its IPO documents with SEBI, the stock exchange of India, just under a year ago.
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News
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Online
eDreams Odigeo reports "all-time records" in bookings and revenue
By Linda Fox
|
August 31, 2022
Spain-based eDreams Odigeo says its performance is predominantly driven by its Prime subscription service.
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News
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Online
OTAs see marketing efficiency improvement in Q2
By Mitra Sorrells
|
August 31, 2022
Booking Holdings, Expedia Group and Airbnb all increased their marketing spend in Q2 of this year compared to 2021, but it decreased as a percentage of revenue.
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News
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Online
Seera Group to launch tours and activities marketplace with Klook in Saudi Arabia
By Yeoh Siew Hoon - WiT
|
August 31, 2022
For Seera, a rebound in all sectors puts the group in a strong position: “This is just the beginning.”
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News
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Online
Earnings roundup: Grab, Flight Centre, Swvl
By Linda Fox
|
August 25, 2022
Grab, Flight Centre and Swvl are reporting strong results amid travel industry recovery.
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News
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Online
Travel signals cautious optimism despite economic instability
By Linda Fox
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August 24, 2022
The travel industry remains positive despite investor warnings, rising inflation and a looming recession.
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News
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Online
Despegar Q2 gross bookings reach $1.1B, in line with Q2 2019
By Mitra Sorrells
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August 18, 2022
Despegar's adjusted EBITDA in the quarter was $10.6 million – the third consecutive positive quarter for the company.
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News
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Online
HomeToGo reports revenue increases, strong momentum into Q3
By Linda Fox
|
August 16, 2022
HomeToGo says it's on target for adjusted EBITDA to break even by 2023.
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News
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Online
Earnings roundup: TUI Group, IHG, Hostelworld
By Mitra Sorrells
|
August 12, 2022
TUI Group, IHG and Hostelworld all reported strong financial results for the second quarter of 2022.
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News
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Online
Amex GBT sees "strong" quarter with major client wins
By Lauren Arena - BTN Europe
|
August 11, 2022
In its first earnings report as a publicly listed company, Amex GBT reported revenue of $286 million in Q2 2022, up 217% year-over-year.
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