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Tripadvisor hits $235M revenue, beats internal expectations
By Kevin May
|
August 5, 2021
The user review and travel search service posted total revenue across the business of $235 million, up by almost 300% from just $59 million in the corresponding quarter in 2020.
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News
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Distribution
Booking Holdings hits $22B in bookings as latest quarter rides recovery
By Mitra Sorrells
|
August 5, 2021
Room nights booked in the second quarter were 157 million, up from 99 million in the Q1 of this year and a 458% increase from Q2 2020.
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Online
Uber basks in early recovery momentum with $4B quarterly revenues
By Kevin May
|
August 5, 2021
The turnaround in the U.S.-based company's fortunes comes after a dismal 2020 when its ride-hailing division collapsed under the weight of global lockdowns and travel restrictions for prolonged periods...
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News
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Online
Lyft achieves adjusted EBITDA profitability for first time
By Mitra Sorrells
|
August 4, 2021
The ride-hailing company's Q2 revenue figure is an increase of 26% compared to the first quarter of this year when revenue was $609 million.
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Distribution
Sabre revenues less than half of 2019 levels despite some travel resuming
By Kevin May
|
August 3, 2021
Revenues in the second quarter of 2019 were $1 billion, compared to $400 million this quarter, an indication of how far the distribtion and tech supplier still has to go before it reachs pre-pandemic...
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News
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Distribution
Amadeus scores some financial improvements as traveler restrictions ease
By Linda Fox
|
July 30, 2021
The distribution company reported improvements in revenue and EBITDA compared to Q1, while air bookings are recovering in all regions.
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News
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Online
Trivago seeing some markets bounce back bigger than 2019
By Kevin May
|
July 29, 2021
Total revenue at the Germany-based company in Q2 was €96 million, up almost 500% from €16 million in the same quarter last year, when much of the industry had ground to a halt.
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News
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Online
Hilton reports strong Q2, adjusted EBITDA $400M
By Mitra Sorrells
|
July 29, 2021
Hilton CEO Chris Nassetta says he expects continued strength in leisure demand and further upticks in business travel to drive continued resurgence in the back half of the year.
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News
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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.
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News
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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.
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News
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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.
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News
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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.
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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.
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News
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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...
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News
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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.
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