Financial Earnings

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

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

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

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

News / Online

Trip.com 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

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

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

News / Online

Booking.com 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

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

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

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

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

News / Online

Viator accounted for more than one-third of Tripadvisor’s revenue in 2022

By Mitra Sorrells | February 14, 2023

Viator brought in $493 million in revenue in 2022, up 168% year-over-year, and more than half the $966 million in revenue brought in by Tripadvisor Core. Read More

News / Online

Expedia Group CEO says metrics show strategy is working

By Mitra Sorrells | February 9, 2023

In a call with analysts to discuss the company's Q4 and full year 2022 financial results, CEO Peter Kern says efforts to move all brands to the same front-end tech stack are nearly complete, with Vrbo... Read More

News / Online

Uber, Lyft earnings may bode well for travel trends

By Derek Catron | February 9, 2023

Both companies anticipate gross bookings to grow 20 to 24% year over year in the current quarter. Read More

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