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Grab posts loss of $3.6B in 2021, claims "strongest year yet"
By Kevin May
|
March 7, 2022
The Singapore-based ride-hailing and delivery brand posted revenue of $675 million for the 2021 financial year, up by 44% on the previous 12 months.
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News
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Online
eDreams Odigeo bookings continue to pace above 2019 levels
By Jill Menze
|
February 25, 2022
The European online travel company says its Prime subscription service contributed to a bookings uptick in the third quarter of the fiscal year 2022.
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Amadeus sees revenue climb by a quarter in 2021, tentative recovery in progress
By Kevin May
|
February 25, 2022
The technology and distribution giant still had revenues trailing by 52% on pre-pandemic 2019 - but 2021 saw it bring in €2.7 billion to the overall business.
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News
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Distribution
Tech investments driving Flight Centre’s corporate recovery
By Jill Menze
|
February 24, 2022
The Australia-based travel agency says recent investments in WhereTo and Shep are powering recovery for the Corporate Traveller and FCM brands
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Online
Booking Holdings closes 2021 with improved revenue, profit
By Mitra Sorrells
|
February 23, 2022
Booking Holdings says revenue came in stronger than expected due to higher ADRs, which were up about 9% on a constant currency basis.
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IHG says creating digital advantage is a priority
By Linda Fox
|
February 23, 2022
The hotel giant says guests now expect sustainable practices and seamless tech, as it reports its full-year 2021 earnings.
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Online
Tripadvisor makes moves to spin off Viator
By Mitra Sorrells
|
February 16, 2022
In its Q4 and full-year 2021 financial report, Tripadvisor says it has filed a confidential S-1 with the U.S. Securities and Exchange Commission related to a possible initial public offering of...
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News
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Online
Airbnb ends 2021 with 25% revenue growth over 2019
By Jill Menze
|
February 15, 2022
Despite the continued effects of the pandemic, Airbnb posted record Q4 numbers and said 2021 was the best year in its history.
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News
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Distribution
Sabre plots recovery as profits lag
By Linda Fox
|
February 15, 2022
Sabre expects adjusted EBITDA to exceed pre-pandemic levels only by 2025, as travel continues its slow recovery from the impact of the coronavirus.
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News
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Online
Expedia Group closes 2021 with record Q4 profitability
By Mitra Sorrells
|
February 11, 2022
Expedia Group CEO Peter Kern expresses optimism about 2022, calling it a year for innovation and delivery for the company.
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News
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Online
Uber sees revenue gains, profitability for delivery business
By Jill Menze
|
February 9, 2022
For Q4 2021, Uber revenue climbed 83% to $5.8 billion, while its delivery business reached adjusted EBITDA profitability.
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News
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Online
Trivago eyes growth through tech innovation and broadening products
By Linda Fox
|
February 9, 2022
The metasearch giant sees travel demand coming back in the spring and expects a less volatile recovery during 2022.
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News
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Online
Lyft posts first full year of adjusted EBITDA profitability
By Jill Menze
|
February 8, 2022
The ride-hailing app also reports “new COVID records” for Q4 2021.
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News
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Online
Strong recovery in domestic demand boosts MakeMyTrip
By Linda Fox
|
January 26, 2022
The India-based OTA says it generated revenue of $115 million in the quarter ended December 31, 2021, up 103% on the same quarter in 2020.
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News
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Online
On the Beach bets on long haul to drive recovery
By Linda Fox
|
January 19, 2022
In full-year 2021 results, On the Beach Group reported revenue of £21.2 million compared with £33.7 million in 2020 and £104 million in £2019.
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AI transformation in travel: Carsten Bernhard of eDreams Odigeo
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