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Online
Trip.com Group sees significant bookings uplift across OTA platform
By Linda Fox
|
February 22, 2024
Trip.com Group reports revenue gains across accommodation, transportation ticketing, corporate travel and packages for Q4 2023.
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News
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Online
Deal with Ryanair furthers TUI’s plans for global booking platform
By Derek Catron
|
February 15, 2024
All Ryanair flights will soon be bookable directly with TUI and can be combined with the German-based travel company’s full offerings.
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News
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Distribution
Sabre notes 2023 improvements, cloud migration and tech cost savings on track
By Linda Fox
|
February 15, 2024
Adjusted EBITDA for the technology and distribution company was $96 million for the quarter and $337 for the full year, up from $65 million in 2022. The gains were attributed to increases in travel...
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News
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Technology
HomeToGo 2023 results driven by subscriptions and services business
By Linda Fox
|
February 15, 2024
HomeToGo said it had achieved its main priority of adjusted EBITDA break-even for the year with the financial metric at €2 million, ahead of full-year guidance.
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News
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Online
With speculation of a sale in the air, Tripadvisor reports record revenue driven – again – by Viator
By Mitra Sorrells
|
February 14, 2024
Two days after announcing it has created a special committee and retained a mergers and acquisition advisory firm, Tripadvisor reported an all-time high for revenue in 2023 led by a 49% growth in...
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News
/
Online
Airbnb adjusted EBITDA up 28% year over year as inventory grows to nearly 8M
By Morgan Hines
|
February 13, 2024
Airbnb said it has more than 5 million hosts and the highest inventory growth in 2023 came in Asia Pacific and Latin America.
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News
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Online
Car-sharing marketplace Getaround announces restructure
By Morgan Hines
|
February 9, 2024
Getaround announced workplace reductions impacting almost 30% of the company’s North American staff.
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News
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Online
Peter Kern stepping down, Ariane Gorin to take over as Expedia Group CEO in May
By Mitra Sorrells and Derek Catron
|
February 8, 2024
Kern has been Expedia Group's CEO since April 2020. The announcement came during an earnings call in which the company reported its highest ever full-year and fourth quarter revenue.
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News
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Online
Uber reports first full-year profit on strong global growth
By Derek Catron
|
February 7, 2024
Surging global travel demand aided the ride-sharing giant, which saw its number of trips increase 24% to reach 2.6 billion in Q4 and more than 9.4 billion for the year.
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News
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Online
Trivago counting on increased marketing spend to improve results
By Linda Fox
|
February 7, 2024
Full year revenue for the hotel metasearch service came in at €485 million, down 9% versus 2022, and €92 million for the quarter, down 13% year over year.
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News
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Online
Expedia Group's Julie Whalen talks tech transformation and travel demand
By Linda Fox
|
December 14, 2023
With just over a year as CFO of Expedia Group under her belt, Julie Whalen took to the stage at The Phocuswright Conference 2023 to discuss the company's technology developments, the impact of...
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News
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Online
Trip.com Group attributes revenue gains to travel's "substantial recovery"
By Linda Fox
|
November 21, 2023
During an earnings call James Liang, Trip.com Group's chairman, added that outbound business is “rapidly recovering” and that the company anticipates “a continuously strong demand for outbound travel in...
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News
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Distribution
Earnings roundup: EDreams, Flight Centre and Sonder
By Linda Fox
|
November 17, 2023
Highlights from the latest financial updates of eDreams Odigeo, Flight Centre and Sonder.
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News
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Online
Earnings roundup: Vacasa, HomeToGo, Amex GBT and Despegar
By Linda Fox
|
November 10, 2023
A roundup of the third quarter 2023 earnings for travel companies, including Amex GBT, Despegar and HomeToGo.
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News
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Online
Travel helps Uber drive to another profitable quarter
By Derek Catron
|
November 7, 2023
Surging global travel demand played a part in Uber's strong quarter, CEO Dara Khosrowshahi said during a call with investors Tuesday morning.
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Where are they now? Checking in with the Hot 25 Travel Startups for 2022
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