expedia-group-q2-2021
News / Online
Expedia Group Q2 revenue tops $2B driven by U.S. hotel and vacation rental bookings
By Mitra Sorrells August 5, 2021
Expedia Group CEO Peter Kern expressed concern about growing uncertainty due to newer COVID variants. Read More
Tripadvisor hits $235M revenue, beats internal expectations
News / Online
Tripadvisor hits $235M revenue, beats internal expectations
By Kevin May August 5, 2021
The user review and travel search service posted total revenue across the business of $235 million, up by almost 300% from just $59 million in the corresponding quarter in 2020. Read More
News / Startups
Urban short-term rental company Frontdesk raises $7M
By Mitra Sorrells August 5, 2021
Frontdesk plans to continue its aggressive growth plan, with an aim to double its portfolio before the end of this year and turn profitable in 2022.... Read More
News / Distribution
Booking Holdings hits $22B in bookings as latest quarter rides recovery
By Mitra Sorrells August 5, 2021
Room nights booked in the second quarter were 157 million, up from 99 million in the Q1 of this year and a 458% increase from Q2 2020.  ... Read More
News / Online
Uber basks in early recovery momentum with $4B quarterly revenues
By Kevin May August 5, 2021
The turnaround in the U.S.-based company's fortunes comes after a dismal 2020 when its ride-hailing division collapsed under the weight of global lockdowns and travel restrictions for prolonged periods of the year.... Read More
News / Online
VIDEO: Time to revamp payments in hospitality
By PhocusWire August 4, 2021
XanderPay CEO Mike Carlo discusses the problems and inefficiencies plaguing the hospitality industry when it comes to payments and offers suggestions for innovations.... Read More
News / Online
PhocusWire Pulse: Travel Marketing Tactics
We look at issues and trends ranging from challenges for DMOs, death of cookies, retargeting, Google,... Read more
News / Online
Ixigo acquires Abhibus, boosts presence beyond India's major cities
The purchase price for the Hyderabad-based company has not been disclosed, except to say that it’s... Read more
News / Technology
ALERTS: New deals, products, partnerships and hires in digital travel
The backbone of the travel, tourism and hospitality industry is powered by technology and digital... Read more
News / Distribution
Booking.com launches Flash Deals for hotels
The discounts will take place every two weeks and on fixed days, lasting for just 36 hours. Over that... Read more
News / Online
Lyft achieves adjusted EBITDA profitability for first time
The ride-hailing company's Q2 revenue figure is an increase of 26% compared to the first quarter... Read more
News / Technology
VIDEO: Easing the burden of paying for travel
What is the appeal of buy-now-pay-later for brands? What segments of the industry is it more popular... Read more
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