The Omicron variant of COVID-19, which emerged in late 2021, illustrated how the travel, tourism and hospitality industry will likely remain at the mercy of the pandemic for some time.
Although many countries did not impose the strict lockdown measures that took place at various stages throughout 2020 and 2021, travel restrictions based on vaccination status and testing requirements ensured travelers remained nervous or unable to travel.
Still, numerous digital travel brands reported considerable upticks in their performance year-over-year in the final quarter of 2021.
Many also disclosed ongoing improvement in revenues as they moved through 2021, despite Q4 traditionally being a slower three-month period than earlier in the year.
Noteworthy mentions include Uber's record $5.7 billion quarter, $2.9 billion for Booking Holdings and $2.3 billion for Expedia Group, as well as $500 million and $907 million for Sabre and Amadeus respectively.
PhocusWire first produced its visualization of digital travel company quarterly revenues going back decades in November 2019.
The chart begins in 1995. We've recently added revenues from Uber, Lyft, Sonder, Vacasa and Grab.
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.
All currencies were converted into U.S dollars, using the exchange rate at the date of their respective earnings report.