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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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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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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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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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News
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Online
WATCH: Digital travel revenues bounce back as recovery kicks in
By PhocusWire
|
January 14, 2022
Most of the publicly traded digital travel companies posted significant upticks in their results in Q3 2021, especially in revenue as customers took trips for the first time since the onset of the...
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News
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Distribution
HomeToGo finishes 2021 with record booking revenue
By Mitra Sorrells
|
January 12, 2022
HomeToGo CEO Patrick Andrae says he’s confident about the future as the newly listed company starts the year with a booking revenue backlog of €19 million.
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Online
Yatra sees revenue jump 70% in a year as India attempts COVID recovery
By Kevin May
|
December 22, 2021
The India-based company says it saw a considerable improvement across all its key performance indicators between July and September while the country attempted to rebuild following the devastating...
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News
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Online
Trip.com Group revenue drops in Q3 but international flight bookings up
By Mitra Sorrells
|
December 15, 2021
Trip.com Group's revenue in Q3 2021 was $831 million, down 9% compared to the second quarter of this year.
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News
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Online
American Express GBT will go public via SPAC at $5.3B valuation
By Mitra Sorrells
|
December 3, 2021
The transaction, expected to close in the first half of 2022, is expected to provide up to $1.2 billion of gross proceeds, of which $335 million is fully committed from new investors including...
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News
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Online
Prime subscription service boosts eDreams Odigeo in Q2 2021
By Jill Menze
|
November 18, 2021
The European online travel company says its subscription service, Prime, has expanded with more than half a million new subscribers.
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News
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Online
Despegar narrows adjusted EBITDA loss in Q3 2021
By Jill Menze
|
November 18, 2021
Despegar ended the third quarter of 2021 with an adjusted EBITDA loss of $10.3 million, its highest adjusted EBITDA figure since the pandemic-affected second quarter of 2020.
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News
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Online
Vacasa beats targets as it prepares to go public
By Mitra Sorrells
|
November 15, 2021
Vacasa’s revenue in the third quarter of this year was $330 million, $72 million above the target of $258 million.
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