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Online
Lastminute.com Group credits package trips for revenue boost
By Kevin May
|
November 12, 2021
CEO Andrea Bertoli says he expects a return to normality for leisure travel demand during the course of 2022.
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News
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Distribution
Amadeus revenues up 77%, secures first profit since onset of pandemic
By Kevin May
|
November 5, 2021
The revenue boost year-over-year masks what is still a 47% lag behind revenues achieved in the corresponding quarter in 2019, before the COVID-19 pandemic.
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News
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Online
Uber reports $2.4B loss but mobility "reignited"
By Linda Fox
|
November 5, 2021
Uber says mobility gross bookings hit $10 billion in Q3 and airport activity is increasing in the U.S.
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News
/
Distribution
Expedia Group nearly matches 2019 profit levels in Q3 2021
By Mitra Sorrells
|
November 4, 2021
Expedia Group says recovery in Q3 2021 was led by leisure and domestic travel, coming in particular from Vrbo.
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Online
Airbnb Q3 revenue tops $2.2B in record quarter
By Jill Menze
|
November 4, 2021
For the third quarter of 2021, Airbnb also reported its most profitable quarter ever with net income reaching $834 million.
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Distribution
Europe travel drives Booking Holdings' revenue uptick in Q3
By Mitra Sorrells
|
November 3, 2021
Booking Holdings reports that room nights booked in Q3 2021 increased to 183 million and revenue increased to $4.7 billion – putting it just shy of Q3 2019 revenue of $5 billion.
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News
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Online
Lyft achieves second quarter of adjusted EBITDA profitability
By Jill Menze
|
November 2, 2021
For the third quarter of 2021, Lyft also reported record revenue per active rider.
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News
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Distribution
Sabre third-quarter revenues more than double, losses drop significantly
By Kevin May
|
November 2, 2021
The company says it will narrow its product portfolio and intensify focus on the core customer revenue-generating retailing, distribution and fulfillment units.
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News
/
Online
MakeMyTrip continues solid revenue rebound
By Kevin May
|
October 28, 2021
The company says its financial performance leads and is instrumental in the country's travel industry recovery strategy, coinciding with a signifcant decline in COVID-19 infections and the roll-out of...
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News
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Online
Hilton’s business travel bookings led by small and medium companies
By Mitra Sorrells
|
October 27, 2021
Hilton is reporting profit of $240 million in the third quarter of 2021, driven by high demand and near or above 2019-level rates for both leisure travel and bookings from small and medium enterprises.
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News
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Distribution
Delta turns Q3 profit, has mostly optimistic outlook
By Robert Silk - Travel Weekly
|
October 14, 2021
The U.S. is reopening to foreign travelers in November, and business travel bookings are on the rise. However, the price of fuel is also rising.
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News
/
Online
WATCH: Digital travel revenues look upward as recovery begins
By PhocusWire
|
October 8, 2021
It's not a full-blown recovery across the industry just yet - but the uptick in revenues in the second quarter for publicly listed digital travel providers was substantial.
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News
/
Online
OYO outlines details for IPO, raising $1.2B
By Linda Fox
|
October 1, 2021
The India-based company is seeking to raise about $1.2 billion, mostly through the issue of fresh shares as well as some existing shares.
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News
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Online
Trip.com Group takes advantage of domestic travel return
By Kevin May
|
September 24, 2021
Executive chairman James Liang says the Chinese domestic travel market has been encouraging for the company and it sees great potential in international markets.
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News
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Online
eDreams Odigeo claims bookings are exceeding pre-pandemic levels
By Linda Fox
|
September 1, 2021
The Spain-based company says bookings in July and August accelerated further compared to full-year 2019 figures.
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