Financial Earnings

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

News / Online

Trivago sees big opportunity in direct hotel booking

By Linda Fox | February 8, 2023

Trivago says that the “value of metasearch has increased” in the current environment as consumers are more interested in comparing offers and searching for savings. Read More

News / Online

MakeMyTrip optimistic about future as India invests in airports, highways

By Mitra Sorrells | February 7, 2023

MakeMyTrip's gross bookings for the past quarter were valued at $1.74 billion, an increase of more than 64% year-over-year. Read More

News / Technology

United boss warns airlines have "outgrown their technology infrastructure"

By Linda Fox | January 19, 2023

United CEO Scott Kirby says pilot shortages and other staffing issues as well as the delay in aircraft delivery and parts are inhibiting the growth of carriers. Read More

News / Online

Trip.com Group continues to make gains in Q3

By Linda Fox | December 15, 2022

Trip.com Group's accommodation revenue increased by almost a third to $408 million while transportation ticketing revenue was up 44% to $369 million year-on-year. Read More