Financial Earnings

News / Online

Uber hits record $6.9B revenue for a financial quarter

By Kevin May | May 4, 2022

The delivery arm business attracted almost $14 billion in gross bookings year on year in Q1, with mobility at $10.7 billion (up 58% year over year). Read More

News / Online

Lyft Q1 profit of $55M exceeds outlook by $40M

By Mitra Sorrells | May 3, 2022

Lyft achieved adjusted EBITDA of $55 million and revenue of $876 million in the first quarter of this year. Read More

News / Online

One in five Airbnb stays over 28 days, revenue hits $1.5B for Q1 2022

By Kevin May | May 3, 2022

The U.S.-based home-sharing and alternative accommodation giant saw revenue increase by 70% year-over-year and 80% higher than corresponding quarter in 2019 ($839 million). Read More

News / Distribution

Sabre reports revenue gains across all business units

By Linda Fox | May 3, 2022

Sabre's revenue across distribution, hospitality solutions and travel solutions were boosted by industry recovery. Read More

News / Online

Trivago reports Q1 profit of €21M but excludes recent €30M fine

By Mitra Sorrells | May 2, 2022

On April 22, the Australian Federal Court ordered Trivago to pay a €30.2 million penalty for making misleading claims about hotel room rates online and in television advertising. Read More

News / Online

Expedia Group revenue jumps 81% as travel recovery continues

By Jill Menze | May 2, 2022

For the first quarter of 2022, Expedia Group revenue was $2.2 billion, an 81% increase from $1.2 billion in Q1 2021. Read More

News / Online

WATCH: Digital travel brands ended 2021 with cautious optimism

By PhocusWire | April 29, 2022

The Omicron variant of COVID-19, which emerged in late 2021, illustrated how the travel, tourism and hospitality industry will likely remain at the mercy of the pandemic for some time. Read More

News / Online

Hostelworld ends 2021 with uptick in financial performance

By Kevin May | March 31, 2022

Net revenue during 2021 increased by 10% to €17 million, up from €15 million in the pandemic-hit 2020. Read More

News / Online

HomeToGo spends €40M to buy E-Domizil, plots further purchases

By Linda Fox | March 31, 2022

Germany-based e-domizil is said to have more than 370,000 homes across its brands. Read More

News / Online

Trip.com Group's overseas brands rebound as China remains closed

By Linda Fox | March 24, 2022

Executive chairman James Liang says the company will emerge stronger from the pandemic. Read More

News / Online

Lastminute.com Group ends 2021 with 10% boost to revenue

By Kevin May | March 24, 2022

The online travel agency and metasearch brand says revenues and margins are coming close to pre-pandemic levels. Read More

News / Online

Vacasa revenue up 81% in ’21, expects profitability in ‘23

By Mitra Sorrells | March 16, 2022

The vacation rental management platform is raising its outlook for 2022 in its first financial report since going public in December. Read More

News / Online

Despegar turns Q4 profit 9% over 2019 levels

By Jill Menze | March 10, 2022

The Latin American company reports adjusted EBITDA of $9 million in Q4 2021, a 9% increase above Q4 2019, despite gross bookings rising only 75% of the same quarter’s level. Read More

News / Online

Sonder revenue more than doubles in 2021

By Mitra Sorrells | March 10, 2022

Sonder, now a public company, says highlights of 2021 include the launch of its corporate travel offering and growing its portfolio by 51%. Read More

News / Online

Amex GBT notes corporate travel "resilience" in Omicron recovery

By Michael B. Baker - BTN | March 9, 2022

Transaction volume in February climbed back to more than half of its pre-pandemic level as part of a "strong recovery" from the omicron variant. Read More

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