Financial Earnings


Brazil drags Despegar earnings down as COVID spike hits
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
Trip.com Group points to "full recovery" in domestic travel
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
airbnb-q1-2021-earnings
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
Amadeus revenues halve in early 2021, vaccine programs offer hope
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
Expedia Group bets on brand marketing as it prepares for travel rebound
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
tripadvisor-q1-2021
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
booking-holdings-q1-2021
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
Uber minimizes losses, hits gross bookings high in Q1 2021
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
Lyft sees revenue uptick in Q1 2021, claims profitability by Q3
News / Online
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
Sabre sees U.S. bookings recovery, other markets slower
News / Distribution
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
trivago-q1-2021
News / Online
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
Travelzoo reports revenues halved during 2020
News / Online
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
Hostelworld sees revenue decline 81%, continues to bet on experiences
News / Online
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
WATCH: Visualization of how 2020 ended for public digital travel brands
News / Online
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
Despegar "encouraged" by Q4 2020 performance, cautions "bumpy" road ahead
News / Online
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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