Financial Earnings

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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

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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

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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

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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

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Travelzoo posts declining operating profit in Q4, pins hope on acquisition of Jack’s Flight Club

By Steven Lerner | March 2, 2020

Travelzoo reported a decrease in operating profit to $818,000 in the fourth quarter of 2019 from $2.8 million in the prior-year period. Read More

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Amadeus grows revenue by 12.8% in 2019, gauges coronavirus impact in 2020

By Steven Lerner | February 28, 2020

Amadeus expects the COVID-19 coronavirus to have a negative impact on air traffic and the GDS industry. Read More

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Flight Centre draws from SARS experience to plan for coronavirus impact

By Steven Lerner | February 27, 2020

Flight Centre anticipates a decline in its full-year profits before tax projection due to the outbreak of the COVID-19 coronavirus. Read More

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eDreams Odigeo anticipates financial disruption from coronavirus slowdown

By Steven Lerner | February 27, 2020

Despite posting positive metrics for the first nine months of fiscal year 2020, eDreams Odigeo is raising the alarm over the rise of the COVID-19 coronavirus. Read More

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Booking Holdings reports positive 2019, braces for coronavirus impact

By Steven Lerner | February 26, 2020

Booking Holdings is expecting a “significant and negative impact” for the first quarter of 2020 due to the COVID-19 coronavirus. Read More

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Sabre to invest $150M in technology as operating income drops 35% for full-year 2019

By Steven Lerner | February 26, 2020

To reverse its disappointing financial results, Sabre outlined a strategic priorities plan, which includes an incremental spend of $150 million on technology in 2020. Read More

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Expedia cuts about 3,000 jobs

By Jamie Biesiada - Travel Weekly | February 26, 2020

Expedia Group is laying off about 12% of its workforce and streamlining operations. Read More

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Coronavirus, Viator rebranding among top concerns for Tripadvisor’s potential growth

By Steven Lerner | February 19, 2020

As Tripadvisor aims to grow in 2020, what are the big headwinds to watch out for? Read More

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International expansion swells losses for OYO to $335M

By Linda Fox | February 17, 2020

The company reported revenue of $951 million in its full-year earnings for 2019, a more than four-fold increase year-over-year. Read More

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Barry Diller cites “dumb things” and “mistakes” as Expedia still ends 2019 on financial high

By Steven Lerner | February 14, 2020

In his first earnings call since taking over day-to-day operations for Expedia Group, Chairman Barry Diller very candidly outlined his 2020 plan to “drive sustained growth.” Read More

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Tripadvisor ends 2019 with revenue fall, remains optimistic about 2020

By Steven Lerner | February 13, 2020

Total revenue for the fourth quarter slipped 3% year-over-year to $335 million. Read More

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