Financial Earnings

 alt="hometogo-2022-results"  title="hometogo-2022-results"
News / Online
HomeToGo considering further acquisitions but prices remain high
By Linda Fox | March 30, 2023
Highlights of the year for HomeToGo included the acquisition of AMIVAC in January and E-Domizil in March and acquiring the remaining 81% stake in Secra in June following its initial acquisition of 19%... Read More
 alt="yatra-q3-2022"  title="yatra-q3-2022"
News / Online
Yatra says corporate travel driving its growth
By Linda Fox | March 28, 2023
   The company announced revenue of $10.9 million, up 44% year over year while adjusted revenue was $18 million, up 43% year over year.  Read More
 alt="ota-marketing-spend-22"  title="ota-marketing-spend-22"
News / Online
Online travel giants spent more than $14B on marketing in '22
By Mitra Sorrells | March 27, 2023
Combined marketing spending by Booking Holdings, Expedia Group, Airbnb and Group exceeded 2019 levels in 2022. Read More
 alt="online-travel-revenue-bar-chart-23"  title="online-travel-revenue-bar-chart-23"
News / Online
WATCH: Visualization of revenue for digital travel brands through 2022
By PhocusWire | March 23, 2023
From a revenue standpoint, 2022 was an up year for most online travel brands, with many reporting record financial results. Read More
 alt="despegar-q4-2022"  title="despegar-q4-2022"
News / Online
Despegar sees Latin America market recovery by year end
By Linda Fox | March 16, 2023
Despegar has launched packages functionality and redesigned its mobile app, which currently accounts for about half of bookings. Read More
 alt="Vacasa earnings Q4 2022"  title="Vacasa earnings Q4 2022"
News / Online
Vacasa sets sights on long-term profitable growth
By Kathryn Walson | March 14, 2023
Vacasa's priorities are shifting to improving efficiency and developing processes “to deliver an unmatched experience for our homeowners and elevated hospitality for our guests,” CEO Rob Greyber says. Read More
 alt="business travel"  title="business travel"
News / Online
Amex GBT earnings point to brighter days for business travel
By Derek Catron | March 9, 2023
CEO Paul Abbott is optimistic about business travel this year. “There are several tailwinds that set us up for growth in 2023,” he says. Read More
 alt="trip-com-q4-2022"  title="trip-com-q4-2022"
News / Online Group sees outbound travel demand surge
By Mitra Sorrells | March 7, 2023
The company says demand for outbound travel is continuing to accelerate in the first months of this year, with bookings up more than 300% compared with the same period last year.   Read More
 alt="sonder-q4-financials"  title="sonder-q4-financials"
News / Online
Sonder focus for 2023 is positive cash flow, corporate growth
By Linda Fox | March 2, 2023
The accommodation platform attributes recent growth in corporate sales to having a presence on the global distribution platforms as well as sales people on the ground. Read More
 alt="amadeus-full-year-2022"  title="amadeus-full-year-2022"
News / Distribution
Amadeus expects further gains in 2023 as recovery continues
By Linda Fox | February 24, 2023
Air distribution revenue in 2022 was just over €2 billion, up 102% on 2021 and 73% on 2019 revenue. Read More
 alt="Booking Holdings earnings call Q4 2022"  title="Booking Holdings earnings call Q4 2022"
News / Online looks to expand vacation rental, flight options
By Kathryn Walson | February 23, 2023
CEO Glenn Fogel says by enabling customers to book accommodations and flights in one platform, the company will “drive increases in customer engagement and loyalty.” Read More
 alt="edreams-flight-centre-grab-earnings"  title="edreams-flight-centre-grab-earnings"
News / Online
Earnings roundup: Grab, eDreams, Flight Centre
By Linda Fox | February 23, 2023
Grab, eDreams and Flight Centre update on their financial progress in Q4, 2022, Q3, 2022 and H1, 2023, respectively. Read More
 alt="Tripadvisor CEO outlines new three-prong strategy"  title="Tripadvisor CEO outlines new three-prong strategy"
News / Online
Tripadvisor CEO outlines new three-prong strategy
By Mitra Sorrells | February 16, 2023
New CEO Matt Goldberg provided details of the strategy, describing the overarching concept as creating a “modern media marketplace for travel.” Read More
 alt="Sabre Q4 earnings"  title="Sabre Q4 earnings"
News / Online
Sabre says cloud migration will drive savings, improve customer service
By Kathryn Walson | February 15, 2023
The cloud now contains 66% of Sabre’s “total compute capacity,” and the company expects to reach 90% this year. Read More
 alt="Airbnb earnings"  title="Airbnb earnings"
News / Online
Airbnb’s Brian Chesky: Earnings point to “exciting year” for travel
By Derek Catron | February 14, 2023
Tuesday's earnings report capped a year of record-setting financials for Airbnb, which finished 2022 with its head count down 5% compared to 2019 but revenue up 75%.  Read More