Financial Earnings

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Lyft sees revenue uptick in Q1 2021, claims profitability by Q3

By Jill Menze | May 4, 2021

Lyft revenue grew 7% quarter-over-quarter from $569.9 million to $609 million as the ride-share company continues its recovery from the coronavirus pandemic. Read More

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Sabre sees U.S. bookings recovery, other markets slower

By Linda Fox | May 4, 2021

As the pandemic continues to impact the business, Sabre says operating losses were $203 million for the quarter compared to $151 million year-over-year. Read More

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Trivago sees referral revenue jump more than 60% in March

By Mitra Sorrells | May 3, 2021

Trivago's total revenue in the first quarter of this year was €38.2 million – a 73% drop compared to the first quarter of 2020. Read More

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Travelzoo reports revenues halved during 2020

By Kevin May | March 18, 2021

The company's 2020 earnings report released this week disclosed a decline from $105 million in 2019 to $53 million in the following pandemic-hit 12 months. Read More

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Hostelworld sees revenue decline 81%, continues to bet on experiences

By Linda Fox | March 17, 2021

Hostelworld says improvements in marketing, user experience and inventory will help it emerge stronger from the pandemic. Read More

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WATCH: Visualization of how 2020 ended for public digital travel brands

By Kevin May | March 16, 2021

After an initial flurry of activity for travel brands in the third quarter, as lockdown restrictions eased in some countries, 2020 ended on a downbeat note for many companies. Read More

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Despegar "encouraged" by Q4 2020 performance, cautions "bumpy" road ahead

By Jill Menze | March 11, 2021

Room nights increased quarter-over-quarter, while on a year-over-year basis, transactions and room nights decreased 56% and 61%, respectively. Read More

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Trip.com Group sees out 2020 with revenues halved, domestic leading recovery

By Kevin May | March 4, 2021

The company says the fourth quarter of 2020, when revenues were down 40% on 2019, reflected a narrowing of the declines from a pandemic-hit year as domestic travel continued its strong recovery. Read More

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Expedia Group and Booking Holdings slashed marketing by $6B in 2020 (but Airbnb now makes an entrance)

By Kevin May | March 2, 2021

The body check on marketing spend by the two giants of online travel in 2020 ends a run of gradually slowing increases in prior years. Read More

News / Distribution

Amadeus ends 2020 with large losses and 61% drop in revenue

By Linda Fox | February 26, 2021

The distribution giant says that while there was a slight improvement in air traffic in the final quarter of the year, the pandemic continued to severely impact travel. Read More

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In first earnings report, Airbnb posts quarterly loss of $3.9B

By Jill Menze | February 25, 2021

Despite a massive loss in the fourth quarter of 2020, CEO Brian Chesky says the pandemic has proved Airbnb's business is "inherently adaptable." Read More

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eDreams Odigeo says it's ready to seize post-pandemic demand

By Kevin May | February 25, 2021

The online travel agency group reckons the business is "agile and nimble" enough to adapt quickly when travel markets open up over the next few months in its core European consumer base. Read More

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Booking Holdings focuses on payment platform, connected trip and U.S. growth as 2020 revenue drops 55%

By Mitra Sorrells | February 24, 2021

Booking Holdings CEO Glenn Fogel says the company is focusing on products and strategies that can help the company grow as travel resumes. Read More

News / Online

Tripadvisor revenue down 61% in 2020, subscription product a focus for 2021

By Mitra Sorrells | February 18, 2021

Tripadvisor says it is continuing to roll out the Tripadvisor Plus subscription service in the United States in the first half of 2021, with plans to grow to other English-speaking markets after that. Read More

News / Distribution

Marriott posts $164M loss following “most challenging year in 93-year history”

By Jill Menze | February 18, 2021

Marriott's fourth quarter 2020 results come days after the unexpected passing of CEO Arne Sorenson. Read More

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