Financial Earnings

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

News / Online

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

News / Online

Lyft revenue up 47% from Q2, aims for profitability by end of 2021

By Mitra Sorrells | November 10, 2020

Lyft says revenue from bikes and scooters was up about 40% collectively in Q3 2020. Read More

News / Distribution

Marriott notes revenue and occupancy improvement led by China

By Donna Airoldi - BTN | November 9, 2020

The hotel giant reported revenue per available room improvement in Q3 2020, with third-quarter occupancy at 35%, a drop of 40.8% from 2019. Average daily rate fell 26.4% to $117.44. Read More

News / Distribution

Uber reports loss of $1B, mobility bookings gradually improving

By Linda Fox | November 6, 2020

The company says gross bookings are down 10% to $15 billion year-on-year with mobility gross bookings down 50%. Read More

News / Distribution

Amadeus credits domestic travel restart for small financial improvement

By Kevin May | November 6, 2020

The Spain-based company posted a 60% slump in revenue for the first nine months of 2020 to €1.7 billion. Read More

News / Online

Booking Holdings sees uptick in Q3 bookings driven by domestic travel

By Jill Menze | November 5, 2020

Despite the coronavirus pandemic continuing to “weigh heavily” on Booking Holdings’ financial performance, the online travel giant saw marked improvement in the third quarter of 2020 compared to Q2 of... Read More