yatra-fy-2021
Yatra ends year on $16M loss, sees signs of improvement after deadly Indian second wave
By Linda Fox | June 8, 2021
The India-based company is beginning to see early signs of recovery after the peak of the recent second COVID-19 wave. Read More
News | Online
WATCH: Digital travel revenues flat as 2021 starts with a whimper
WATCH: Digital travel revenues flat as 2021 starts with a whimper
By Kevin May | May 28, 2021
The traditionally upbeat first quarter for many brands (when consumers begin to consider their annual breaks later in the year) has been tempered by ongoing lockdowns in Europe and elsewhere. Read More
News | Online
eDreams Odigeo highlights subscriptions and vaccines as routes to better times
eDreams Odigeo highlights subscriptions and vaccines as routes to better times
By Kevin May | May 27, 2021
The current slump in revenue comes despite what the online travel agency group says is a strong position to "ride the industry tailwinds" as the market begins to recover. Read More
News | Online
makemytrip-q4-2021
MakeMyTrip optimistic of domestic recovery in second half of 2021
By Linda Fox | May 25, 2021
The company has seen gains from domestic tourism in the third and fourth quarter of its 2021 fiscal year but it expects the impact of the second wave of COVID-19 on its financial results to be greater... Read More
News | Online
lm-group-q1-earnings
Lastminute.com Group sees bookings improvement, tweaks management
By Linda Fox | May 24, 2021
Lastminute Holding says it narrowed its net loss in Q1 2021 to €12.7 million versus €16.7 million in Q4 2020. Read More
News | Online
despegar-q1-2020
Brazil drags Despegar earnings down as COVID spike hits
By Linda Fox | May 19, 2021
Despegar, the Latin American online travel agency, reported a $20 million loss in EBITDA for Q1 2021 as the second COVID-19 wave hit. Read More
News | Online
Trip.com Group points to "full recovery" in domestic travel
Trip.com Group points to "full recovery" in domestic travel
By Kevin May | May 19, 2021
The company, operator of the Ctrip, Skyscanner and Trip.com brands, says the group's overall revenues were mainly due to a "strong recovery" in March 2021. Read More
News | Online
airbnb-q1-2021-earnings
Airbnb revenue climbs 5% as travel rebounded in Q1 2021
By Jill Menze | May 13, 2021
Airbnb revenue grew 5% to $887 million in the first quarter of 2021, though losses mounted to $1.2 billion. Read More
News | Online
Amadeus revenues halve in early 2021, vaccine programs offer hope
Amadeus revenues halve in early 2021, vaccine programs offer hope
By Kevin May | May 7, 2021
The Spain-based IT and distribution provider saw its total revenue figure come in at 50% lower in the first quarter of the year compared to the corresponding three months in 2020. Read More
News | Distribution
Expedia Group bets on brand marketing as it prepares for travel rebound
Expedia Group bets on brand marketing as it prepares for travel rebound
By Jill Menze | May 6, 2021
In its Q1 2021 earnings call, Expedia Group said it's focusing on brand marketing to differentiate its offerings and capitalize on returning travel demand. Read More
News | Online
tripadvisor-q1-2021
Tripadvisor reports rising demand in Q1, progress on Plus subscription product
By Mitra Sorrells | May 6, 2021
Tripadvisor says the Plus subscription product will roll out fully in the U.S. in the next few months, and it's developing more partnerships to provide offers to subscribers.   Read More
News | Online
booking-holdings-q1-2021
Booking Holdings sees upward trend in Q1, focuses on buildout of connected trip
By Mitra Sorrells | May 5, 2021
Booking.com’s flight product, a key part of the connected trip, is now available in 18 countries, and Q1 had the highest number of air tickets ever booked in a single quarter. Read More
News | Online
Uber minimizes losses, hits gross bookings high in Q1 2021
Uber minimizes losses, hits gross bookings high in Q1 2021
By Jill Menze | May 5, 2021
For Q1 2021, Uber recorded a net loss of $108 million compared to a net loss of $968 million in Q4 2020. Read More
News | Online
Lyft sees revenue uptick in Q1 2021, claims profitability by Q3
Lyft sees revenue uptick in Q1 2021, claims profitability by Q3
By Jill Menze | May 4, 2021
Lyft revenue grew 7% quarter-over-quarter from $569.9 million to $609 million as the ride-share company continues its recovery from the coronavirus pandemic. Read More
News | Online
Sabre sees U.S. bookings recovery, other markets slower
Sabre sees U.S. bookings recovery, other markets slower
By Linda Fox | May 4, 2021
As the pandemic continues to impact the business, Sabre says operating losses were $203 million for the quarter compared to $151 million year-over-year. Read More
News | Distribution
PhocuswrightThe Phocuswright ConferencePhocuswright EuropeBattlegroundTTSWeb In TravelInntopiaRetail TravelHotel Investment