Financial Earnings

News / Distribution

"Darkest of days" for Tripadvisor as it reports revenue losses, reduced headcount for Q1 2020

By Linda Fox | May 7, 2020

Bookings and revenue are down more than 90% for late March, says Tripadvisor as it reports its Q1 2020 earnings. Read More

News / Distribution

Hilton turns profit in Q1 2020 despite coronavirus

By Jill Menze | May 7, 2020

Hilton turned a profit to the tune of $18 million in the first quarter of 2020 - down from $159 million for the same period in 2019 - despite the threat of the coronavirus. Read More

News / Technology

Lyft reports increase in revenue, ridership in Q1 2020 despite coronavirus

By Jill Menze | May 6, 2020

Lyft is reporting revenue of $955.7 million in the first quarter of 2020, a year-over-year increase of 23% versus $776 million in the first quarter of 2019. Read More

News / Distribution

Despegar reports 32% hit to Q1 bookings, renegotiates Best Day acquisition

By Linda Fox | May 6, 2020

Despegar says bookings are down 32% and revenue is down 43% as it puts cost-cutting measures in place. Read More

News / Distribution

Accor ramps up cost-saving measures as coronavirus outbreak hits

By Linda Fox | April 23, 2020

The France-based hotel giant announced a 17% decrease year-over-year to €768 million in consolidated revenue for the first quarter of 2020. Read More

News / Distribution

Google and airlines predicted to find new strategies in a post-coronavirus travel world

By Linda Fox | April 15, 2020

IdeaWorks sets out how travel will look different by the end of 2020, as sectors unravel how they and their partners will be forced to evolve. Read More

News / Distribution

Investors on travel survivors, pent-up demand and bailouts

By Linda Fox | April 2, 2020

Seeking Alpha asked some of its marketplace authors to comment on the outlook for travel stocks, the likelihood of travel returning to pre-coronavirus levels and the segments that might come... Read More

News / Online

Calm before the coronavirus storm - recap of latest online travel earnings

By Steven Lerner | March 23, 2020

We've updated PhocusWire's visual history of online travel company revenues to include the most recent quarter. Read More

News / Distribution

Lastminute.com Group expects bookings to return in May, predicts offline competitors will fail

By Linda Fox | March 19, 2020

The business posted gains in revenue and EBITDA for full-year 2019 and claims a strong cash position to weather the COVID-19 storm. Read More

News / Online

Trip.com Group anticipates revenue impact from coronavirus, hopes for quick domestic travel recovery

By Steven Lerner | March 19, 2020

Trip.com Group expects net revenue to decrease by 45% to 50% year-over-year in the first quarter of 2020 due to the outbreak of the COVID-19 coronavirus. Read More

News / Online

Despite "volatile macro environment," Despegar finishes 2019 strong with 10% revenue increase

By Steven Lerner | March 5, 2020

Despegar ended 2019 on a high note with a 10% increase in fourth quarter revenue to $145.6 million, although revenue for the full year declined by 1% to $524.9 million. Read More

News / Online

Hostelworld suffers 9% EBITDA decline in 2019, expects loss due to coronavirus

By Steven Lerner | March 4, 2020

Hostelworld Group reports a 9% decrease in EBITDA to €20.5 million for the full-year in 2019 and estimates an EBITDA loss of €3 million to €4 million in the first quarter of 2020 due to the COVID-19... Read More