Financial Earnings

News / Distribution

Hilton posts big losses for 2020 yet forging ahead with new properties

By Linda Fox | February 17, 2021

Despite the pandemic, Hilton has a development pipeline of more than 2,500 properties. Read More

News / Distribution

Sabre revenues fall by 66% during COVID-hit 2020

By Kevin May | February 16, 2021

The company says its metrics were negatively impacted by the onslaught of the coronavirus pandemic but a number of cost-cutting measures put in place during the year partially offset the impact. Read More

News / Online

Expedia Group pulls Vrbo from Google’s vacation rental metasearch product

By Mitra Sorrells | February 11, 2021

Expedia Group's revenue and gross bookings were both down 67% in the fourth quarter of 2020 compared to the same period in 2019. Read More

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Uber reports uptick in revenue as delivery remains bright spot

By Jill Menze | February 10, 2021

Uber boosted its revenue by 13% to $3.2 billion in the fourth quarter of 2020. Read More

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Lastminute.com Group ends 2020 with 62% collapse in revenue

By Kevin May | February 10, 2021

The online travel agency business brought in €128.9 million in core revenues over the 12-month, pandemic-hit period. Read More

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Lyft revenue grows 14% in Q4 to $570M

By Mitra Sorrells | February 9, 2021

Lyft says it expects to be profitable no later than the fourth quarter of this year. Read More

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Trivago sees revenue slump 70% in 2020, bets on local travel to fuel recovery

By Jill Menze | February 9, 2021

Although revenue for Trivago dropped 70% for the full year and nearly 80% for the fourth quarter of 2020, the company believes it's at a turning point in the pandemic. Read More

News / Online

On the Beach hopes to boost market share through recent investments

By Linda Fox | February 5, 2021

On the Beach says consumer demand is very weak currently with traffic, bookings and online marketing spend for four months ended January 31, 2021, down more than 70%. Read More

News / Online

Yatra sees improving India domestic market, international remains slow

By Linda Fox | February 5, 2021

Yatra says new corporate travel signings are boosting its growth and that it also has a growing pipeline of potential customers. Read More

News / Online

MakeMyTrip sees 2020 end with some financial improvement

By Linda Fox | February 2, 2021

MakeMyTrip has seen improvement in gross bookings and revenue across its business units for its third quarter 2021 financial earnings. Read More

News / Online

WATCH: Visualization of digital travel revenues during initial recovery phase

By PhocusWire | January 6, 2021

Some of the publicly listed players in the sector talked of early signs of a recovery in their revenues in the third quarter, as the latest version of the chart below indicates. Read More

News / Online

Trip.com Group sees ongoing financial improvement, ups marketing spend

By Linda Fox | December 2, 2020

Trip.com Group says business segments have recovered to pre-pandemic levels in China. Read More

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eDreams Odigeo sees signs of improvement during European summer

By Kevin May | November 19, 2020

The Spain-based online travel agency group brought in €34.4 million in the quarter ending September 30 (its fiscal year's second quarter) - a 75% slump on the same period in 2020 Read More

News / Online

Despegar gets gentle uptick in fortunes from Brazil and Mexico domestic travel

By Kevin May | November 12, 2020

Despegar is operating on revenues down 91% year-over-year despite seeing high demand for travel in two of its major markets during the third quarter of 2020. Read More

News / Online

Lastminute.com Group enjoys summer rebound but 2020 revenues still down 55%

By Kevin May | November 11, 2020

The online travel business says all its main performance metrics increased significantly over the May to August period, compared to the mass lockdown-hit months of March and April. Read More

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