calm before storm
Calm before the coronavirus storm - recap of latest online travel earnings
By Steven Lerner | March 23, 2020
We've updated PhocusWire's visual history of online travel company revenues to include the most recent quarter. Read More
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lastminute-group-fiancials-2019
Lastminute.com Group expects bookings to return in May, predicts offline competitors will fail
By Linda Fox | March 19, 2020
The business posted gains in revenue and EBITDA for full-year 2019 and claims a strong cash position to weather the COVID-19 storm. Read More
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2019 earnings trip.com group
Trip.com Group anticipates revenue impact from coronavirus, hopes for quick domestic travel recovery
By Steven Lerner | March 19, 2020
Trip.com Group expects net revenue to decrease by 45% to 50% year-over-year in the first quarter of 2020 due to the outbreak of the COVID-19 coronavirus. Read More
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Despegar 2019 earnings
Despite "volatile macro environment," Despegar finishes 2019 strong with 10% revenue increase
By Steven Lerner | March 5, 2020
Despegar ended 2019 on a high note with a 10% increase in fourth quarter revenue to $145.6 million, although revenue for the full year declined by 1% to $524.9 million.   Read More
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Hostelworld 2019 earnings
Hostelworld suffers 9% EBITDA decline in 2019, expects loss due to coronavirus
By Steven Lerner | March 4, 2020
Hostelworld Group reports a 9% decrease in EBITDA to €20.5 million for the full-year in 2019 and estimates an EBITDA loss of €3 million to €4 million in the first quarter of 2020 due to the COVID-19... Read More
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Travelzoo-earnings-2019
Travelzoo posts declining operating profit in Q4, pins hope on acquisition of Jack’s Flight Club
By Steven Lerner | March 2, 2020
Travelzoo reported a decrease in operating profit to $818,000 in the fourth quarter of 2019 from $2.8 million in the prior-year period. Read More
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2019 earnings amadeus
Amadeus grows revenue by 12.8% in 2019, gauges coronavirus impact in 2020
By Steven Lerner | February 28, 2020
Amadeus expects the COVID-19 coronavirus to have a negative impact on air traffic and the GDS industry. Read More
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Flight Centre draws from SARS experience to plan for coronavirus impact
Flight Centre draws from SARS experience to plan for coronavirus impact
By Steven Lerner | February 27, 2020
Flight Centre anticipates a decline in its full-year profits before tax projection due to the outbreak of the COVID-19 coronavirus. Read More
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eDreams Odigeo anticipates financial disruption from coronavirus slowdown
eDreams Odigeo anticipates financial disruption from coronavirus slowdown
By Steven Lerner | February 27, 2020
Despite posting positive metrics for the first nine months of fiscal year 2020, eDreams Odigeo is raising the alarm over the rise of the COVID-19 coronavirus.   Read More
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Booking Holdings reports positive 2019, braces for coronavirus impact
Booking Holdings reports positive 2019, braces for coronavirus impact
By Steven Lerner | February 26, 2020
Booking Holdings is expecting a “significant and negative impact” for the first quarter of 2020 due to the COVID-19 coronavirus.   Read More
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sabre 2019 financial results
Sabre to invest $150M in technology as operating income drops 35% for full-year 2019
By Steven Lerner | February 26, 2020
 To reverse its disappointing financial results, Sabre outlined a strategic priorities plan, which includes an incremental spend of $150 million on technology in 2020.   Read More
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expedia-group-layoffs
Expedia cuts about 3,000 jobs
By Jamie Biesiada - Travel Weekly  | February 26, 2020
Expedia Group is laying off about 12% of its workforce and streamlining operations. Read More
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Coronavirus, Viator rebranding among top concerns for Tripadvisor’s potential growth
Coronavirus, Viator rebranding among top concerns for Tripadvisor’s potential growth
By Steven Lerner | February 19, 2020
As Tripadvisor aims to grow in 2020, what are the big headwinds to watch out for?   Read More
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oyo-fy19-financials
International expansion swells losses for OYO to $335M
By Linda Fox | February 17, 2020
The company reported revenue of $951 million in its full-year earnings for 2019, a more than four-fold increase year-over-year. Read More
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Barry Diller cites “dumb things” and “mistakes” as Expedia still ends 2019 on financial high
Barry Diller cites “dumb things” and “mistakes” as Expedia still ends 2019 on financial high
By Steven Lerner | February 14, 2020
In his first earnings call since taking over day-to-day operations for Expedia Group, Chairman Barry Diller very candidly outlined his 2020 plan to “drive sustained growth.” Read More
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