Financial Earnings

News / Online

MakeMyTrip weathers Delta variant storm as revenues climb

By Kevin May | July 28, 2021

MakeMyTrip saw revenues jump to $33 million in the second quarter of 2021, despite the Delta variant of COVID-19 hitting travel plans in the company's domestic market. Read More

News / Online

Travelzoo sees revenues climb, driven by North America

By Linda Fox | July 26, 2021

Travelzoo's Europe business is still lagging at 48% of 2019 revenues. Read More

News / Online

Yatra ends year on $16M loss, sees signs of improvement after deadly Indian second wave

By Linda Fox | June 8, 2021

The India-based company is beginning to see early signs of recovery after the peak of the recent second COVID-19 wave. Read More

News / Online

WATCH: Digital travel revenues flat as 2021 starts with a whimper

By Kevin May | May 28, 2021

The traditionally upbeat first quarter for many brands (when consumers begin to consider their annual breaks later in the year) has been tempered by ongoing lockdowns in Europe and elsewhere. Read More

News / Online

eDreams Odigeo highlights subscriptions and vaccines as routes to better times

By Kevin May | May 27, 2021

The current slump in revenue comes despite what the online travel agency group says is a strong position to "ride the industry tailwinds" as the market begins to recover. Read More

News / Online

MakeMyTrip optimistic of domestic recovery in second half of 2021

By Linda Fox | May 25, 2021

The company has seen gains from domestic tourism in the third and fourth quarter of its 2021 fiscal year but it expects the impact of the second wave of COVID-19 on its financial results to be greater... Read More

News / Online

Lastminute.com Group sees bookings improvement, tweaks management

By Linda Fox | May 24, 2021

Lastminute Holding says it narrowed its net loss in Q1 2021 to €12.7 million versus €16.7 million in Q4 2020. Read More

News / Online

Brazil drags Despegar earnings down as COVID spike hits

By Linda Fox | May 19, 2021

Despegar, the Latin American online travel agency, reported a $20 million loss in EBITDA for Q1 2021 as the second COVID-19 wave hit. Read More

News / Online

Trip.com Group points to "full recovery" in domestic travel

By Kevin May | May 19, 2021

The company, operator of the Ctrip, Skyscanner and Trip.com brands, says the group's overall revenues were mainly due to a "strong recovery" in March 2021. Read More

News / Online

Airbnb revenue climbs 5% as travel rebounded in Q1 2021

By Jill Menze | May 13, 2021

Airbnb revenue grew 5% to $887 million in the first quarter of 2021, though losses mounted to $1.2 billion. Read More

News / Distribution

Amadeus revenues halve in early 2021, vaccine programs offer hope

By Kevin May | May 7, 2021

The Spain-based IT and distribution provider saw its total revenue figure come in at 50% lower in the first quarter of the year compared to the corresponding three months in 2020. Read More

News / Online

Expedia Group bets on brand marketing as it prepares for travel rebound

By Jill Menze | May 6, 2021

In its Q1 2021 earnings call, Expedia Group said it's focusing on brand marketing to differentiate its offerings and capitalize on returning travel demand. Read More

News / Online

Tripadvisor reports rising demand in Q1, progress on Plus subscription product

By Mitra Sorrells | May 6, 2021

Tripadvisor says the Plus subscription product will roll out fully in the U.S. in the next few months, and it's developing more partnerships to provide offers to subscribers. Read More

News / Online

Booking Holdings sees upward trend in Q1, focuses on buildout of connected trip

By Mitra Sorrells | May 5, 2021

Booking.com’s flight product, a key part of the connected trip, is now available in 18 countries, and Q1 had the highest number of air tickets ever booked in a single quarter. Read More

News / Online

Uber minimizes losses, hits gross bookings high in Q1 2021

By Jill Menze | May 5, 2021

For Q1 2021, Uber recorded a net loss of $108 million compared to a net loss of $968 million in Q4 2020. Read More

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