Coronavirus

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

News / Online

Lastminute.com Group points to strong travel rebound as financials improve

By Kevin May | August 5, 2021

The jump of 213% year-over-year points to a strong rebound for the business, especially in June when income was in line with pre-COVID levels despite lower booking volumes. Read More

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 / 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... Read More

News / Online

Russia's online travel primed as investment arrives

By Linda Fox | August 4, 2021

The country's travel industry had been experiencing strong growth in the years running up to 2020 and online travel sales were steadily growing. Read More

News / Online

Lyft achieves adjusted EBITDA profitability for first time

By Mitra Sorrells | August 4, 2021

The ride-hailing company's Q2 revenue figure is an increase of 26% compared to the first quarter of this year when revenue was $609 million. Read More

News / Distribution

Sabre revenues less than half of 2019 levels despite some travel resuming

By Kevin May | August 3, 2021

Revenues in the second quarter of 2019 were $1 billion, compared to $400 million this quarter, an indication of how far the distribtion and tech supplier still has to go before it reachs pre-pandemic... Read More

News / Technology

VIDEO: Navigating the travel payments ecosystem in Asia

By PhocusWire | August 2, 2021

Multi-currency payments; fraud; how many payment methods should you offer – key headaches that need addressing. Read More

News / Distribution

Amadeus scores some financial improvements as traveler restrictions ease

By Linda Fox | July 30, 2021

The distribution company reported improvements in revenue and EBITDA compared to Q1, while air bookings are recovering in all regions. Read More

Opinion / Technology

Airlines must embrace tech to improve passenger experience

By Juan Hoyos - Cinq | July 30, 2021

How can airlines use technology to improve the overall customer journey as travelers take off in growing numbers? Here are three areas that airlines can focus on to improve the passenger... Read More

News / Startups

Exoticca lands $30M investment to develop packages platform

By Linda Fox | July 30, 2021

Multi-day packages operator Exoticca has now raised a total of $53 million. Read More

News / Online

Trivago seeing some markets bounce back bigger than 2019

By Kevin May | July 29, 2021

Total revenue at the Germany-based company in Q2 was €96 million, up almost 500% from €16 million in the same quarter last year, when much of the industry had ground to a halt. Read More

News / Technology

Phocuswright Europe 2021: Every innovator pitch

By PhocusWire | July 29, 2021

At Phocuswright Europe, innovators battled for a shot at being crowned the EMEA Travel Innovator of the Year or winning the People's Choice Award. Read More

News / Technology

PhocusWire Pulse: Progress In Travel Payments

By PhocusWire | July 29, 2021

We look at issues and trends ranging from delayed payment programs, fintech divisions in major travel brands, credit cards, customer trust and much more. Read More

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