Expedia Group

trivago-q1-2020
News / Online
Trivago outlines steps to preserve cash as revenue drops 33%, income down €222M
By Mitra Sorrells | May 18, 2020
Trivago says it's cutting advertising spending and preparing for "significant headcount reductions" to deal with COVID-19 impact. Read More
travel-coronavirus-stuck-middle
News / Distribution
InPhocus, episode 9 - Stuck in the middle with you
By PhocusWire | May 7, 2020
We discuss how brands that sit between consumers and suppliers have been dealt with a number of issues relating to cash flow and appeasing their commercial partners during the coronavirus outbreak. Read More
Google takes initial hit from scaling back of travel search ads
News / Online
Google takes initial hit from scaling back of travel search ads
By Kevin May | April 29, 2020
The search giant's parent Alphabet recorded its first quarter results of 2020 with a revenue increase of 13% year-over-year to $41.2 billion. Read More
Expedia Group names Peter Kern as new CEO, lands $3B financing package
News / Online
Expedia Group names Peter Kern as new CEO, lands $3B financing package
By Mitra Sorrells | April 23, 2020
The announcement today from chairman and senior executive Barry Diller also includes a new CFO and $3.2 billion in new capital - $2 billion coming as debt financing and $1.2 billion an equity investment... Read More
syme-opinion-tours-activities-covid-1
Opinion / Online
How does a decimated activities sector find a route to recovery, part 1
By Peter Syme - 1000 Mile Journeys | April 23, 2020
The coronavirus crisis is affecting all aspects of the tours and activities sector - but some more than others. Read More
Tiqets CEO moves to president role, Laurens Leurink steps in
News / Online
Tiqets CEO moves to president role, Laurens Leurink steps in
By Kevin May | April 20, 2020
Leurink was most recently CEO of medical technology brand Docly, based in Scandinavia, but he has an extensive background in travel technology stretching back to 2008. Read More
Booking Holdings moves to support financial position into 2021 with capital-raising program
News / Online
Booking Holdings moves to support financial position into 2021 with capital-raising program
By Linda Fox | April 9, 2020
Booking Holdings updates the market on the impact of the coronavirus on the business. Read More
Plan now to maximize the value of corporate travel in the future
Opinion / Distribution
Plan now to maximize the value of corporate travel in the future
By Tristan Smith - Egencia | April 7, 2020
Businesses should put plans in place now to maximize the value of future trips post-COVID-19. Read More
Tracking declines in online travel web traffic as restrictions hit across the globe
News / Online
Tracking declines in online travel web traffic as restrictions hit across the globe
By Linda Fox | April 6, 2020
SimilarWeb has marked a "pivot point" in website traffic to online travel companies when consumer and business behavior changed and traffic declined sharply. Read More
trivago ceo interview covid recovery
News / Online
Q&A: Trivago CEO shares vision for “moment in time” when travel resumes in a post-crisis world
By Steven Lerner | April 6, 2020
Trivago CEO Axel Hefer discusses his outlook for travel, how Trivago is preparing for the future and the role of metasearch during the recovery.   Read More
Ariane Gorin adds Egencia leadership to role, Rob Greyber steps down
News / Online
Ariane Gorin adds Egencia leadership to role, Rob Greyber steps down
By Adam Perrotta - BTN | April 4, 2020
Greyber assumed the role of Egencia president in May 2009, after serving for two years as the company's senior vice president for North America. Read More
investors-coronavirus-impact
News / Distribution
Investors on travel survivors, pent-up demand and bailouts
By Linda Fox | April 2, 2020
Seeking Alpha asked some of its marketplace authors to comment on the outlook for travel stocks, the likelihood of travel returning to pre-coronavirus levels and the segments that might come... Read More
haunted financial
News / Online
Could addiction to debt come back to haunt some online travel companies?
By Steven Lerner | March 25, 2020
If revenue drops due to COVID-19, past debt will make it more challenging for online travel companies to survive economic obstacles. Read More
Expedia will refund hotel guests during COVID-19 outbreak regardless of existing booking policy
News / Distribution
Expedia will refund hotel guests during COVID-19 outbreak regardless of existing booking policy
March 23, 2020
The operator of accommodation booking sites including Expedia, Hotels.com, Hotwire and others says it was facing an "unprecedented volume of calls" from travelers asking for help with non-refundable... Read More
Online travel stocks have fallen 38% in 2020 (mainly due to the coronavirus)
News / Online
Online travel stocks have fallen 38% in 2020 (mainly due to the coronavirus)
By Steven Lerner | March 13, 2020
Most of the value has been decimated due to the spread of the COVID-19 coronavirus, with bookings declining and analysts anticipating a long-term impact.  Read More
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