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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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News
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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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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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News
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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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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
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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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News
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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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News
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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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