Financial Earnings

News / 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. Read More

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... Read More

News / 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. Read More

News / 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. Read More

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. Read More

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. Read More

News / 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. Read More

News / 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. Read More

News / Online

Hostelworld hoping for demand to return as revenues slump

By Kevin May | August 27, 2021

The budget accommodation online travel agency captured revenue of just €2.9 million between January and June this year, down from €12 million in the same period in 2020. Read More

News / Online

Following setback in Q2, Yatra sees growth in July, August

By Mitra Sorrells | August 19, 2021

Yatra's adjusted revenue dropped nearly 50% and its total gross bookings dropped more than 71% in the second quarter compared to Q1 2021. Read More

News / Online

Despegar revenues up against 2020, still around half of 2019

By Kevin May | August 19, 2021

Latin America-focused Despegar captured $61 million in revenue in the second quarter of 2021, indicating a gradual uptick in activity in the region. Read More

News / Online

Airbnb revenue jumps 300% in Q2 2021

By Jill Menze | August 12, 2021

The home-share giant was also profitable on an adjusted EBITDA basis for the second quarter of 2021. Read More

News / Startups

Sonder reports strong quarter, ups revenue forecast

By Linda Fox | August 11, 2021

Sonder says it will have more than 18,000 units in its portfolio by the end of 2021. Read More

News / Online

Expedia Group Q2 revenue tops $2B driven by U.S. hotel and vacation rental bookings

By Mitra Sorrells | August 5, 2021

Expedia Group CEO Peter Kern expressed concern about growing uncertainty due to newer COVID variants. Read More

News / Online

Lastminute.com Group points to strong travel rebound as financials improve

By Kevin May | August 5, 2021

The jump of 213% year-over-year points to a strong rebound for the business, especially in June when income was in line with pre-COVID levels despite lower booking volumes. Read More

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