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Distribution
Sabre on “long-term upward trajectory” as bookings recover
By Jill Menze
|
August 2, 2022
Sabre revenue was $658 million for the second quarter of 2022, driven in part by an increase in global air, hotel and other travel bookings.
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News
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Online
Uber doubles revenue to $8.1 billion in Q2 2022
By Jill Menze
|
August 2, 2022
Gross bookings for the quarter also reached an all-time high, growing 33% to $29.1 billion.
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News
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Online
MakeMyTrip halves loss, sees revenue recovery in all segments
By Linda Fox
|
July 27, 2022
MakeMyTrip's revenue from air ticket, hotels and bus ticket sales have all improved significantly in the quarter.
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News
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Online
Trip.com Group revenue remains steady, air ticket bookings rise in Q1 2022
By Jill Menze
|
June 28, 2022
The COVID-19 resurgence in China impacted Trip.com Group’s operations for the first quarter of 2022, with net revenue remaining flat year-over-year.
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News
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Online
eDreams Odigeo continues growing travel discount club
By Linda Fox
|
May 26, 2022
The OTA says it continues to make strong progress toward a target of 25 million subscription members in 2025.
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News
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Online
MakeMyTrip narrows losses, looks to international recovery in 2022
By Linda Fox
|
May 25, 2022
The OTA reported a full-year loss of $30 million for the year ending March 31, 2022, compared to $68 million for 2021.
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News
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Online
Despegar posts second quarter of profitability as demand recovers
By Jill Menze
|
May 19, 2022
The Latin American online travel company reports adjusted EBITDA of $12.3 million for the period ending March 31, 2022.
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News
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Online
Grab outperforms guidance with growth across all business units
By Mitra Sorrells
|
May 19, 2022
Mobility and delivery brand Grab posts revenue in the first quarter of $228 million, a 6% increase compared to the same period in 2021.
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News
/
Distribution
Amex GBT reports large client travel demand accelerating
By Michael B. Baker - BTN
|
May 17, 2022
For Q1 2022, Amex GBT reported $350 million in revenue, up 179% compared with the first quarter of 2021 and half of pre-pandemic levels in 2019.
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News
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Online
HomeToGo updates 2022 outlook amid continued growth
By Linda Fox
|
May 17, 2022
HomeToGo attributes continued growth to customer acquisition and retention as well as technology.
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News
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Online
Vacasa Q1 2022 revenue nearly doubles year-over-year
By Mitra Sorrells
|
May 11, 2022
Vacasa says in January it reached a milestone of generating more than $1 billion in rental income for its homeowners over the preceding 12 months.
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News
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Online
Sonder revenue slips due to omicron in Q1 2022
By Jill Menze
|
May 11, 2022
For Q1 2022, Sonder revenue decreased from the previous quarter to $80.5 million, while adjusted EBITDA was negative $83.5 million.
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News
/
Distribution
Amadeus pockets highest revenue quarter in two years
By Kevin May
|
May 6, 2022
The Spain-based distribution and technology giant is still suffering from the impact of the coronavirus, with the quarter's revenue pegging at 65% of the same metric in Q1 2019.
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News
/
Online
Booking Holdings reports quarterly record for gross bookings of $27B
By Mitra Sorrells
|
May 4, 2022
Booking Holdings' adjusted EBITDA in the Q1 2022 was $310 million, compared with an adjusted EBITDA loss of $195 million in Q1 2021.
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News
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Online
Tripadvisor names media exec Matt Goldberg as CEO beginning July 1
By Mitra Sorrells
|
May 4, 2022
Goldberg has most recently been an executive at media buying platform The Trade Desk and was formerly CEO of Lonely Planet.
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AI agents are having their 'Spotify moment': Why travel needs to take note
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Travel’s leading investors split on role of AI in dealmaking
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