Financial Earnings

News / Online

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

News / Online

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

News / Distribution

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

News / Online

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

News / Online

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

News / Distribution

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

News / Online

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

News / Online

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

News / Online

Revenue drops for Trivago as challenges from Google, Coronavirus escalate

By Steven Lerner | February 12, 2020

Axel Hefer, CEO of Trivago, wants to “challenge” the way business is done with Google after the Düsseldorf, Germany-based company posted disappointing financial results. Read More

News / Online

Lyft achieves first billion-dollar revenue quarter, keeps 2021 profitability target date in place

By Steven Lerner | February 12, 2020

As Lyft tries to recover from its first less-than-stellar year in the public markets, the ride-sharing company showed significant improvement in its fiscal year 2019 result. Read More

News / Online

MakeMyTrip separates roles of CEO and exec chairman, coronavirus cancellations begin

By Steven Lerner | February 11, 2020

MakeMyTrip’s co-founder and CEO of the India business, Rajesh Magow, has been elevated to group CEO, a role previously held by founder Deep Kalra. Read More

News / Distribution

TUI alters forecast for 2020, 737 MAX grounding bites but digital investment continues

By Linda Fox | February 11, 2020

The tour operator estimated earnings before interest and income tax of between €850 million and €1,050 billion for the full year ending December 2020. Read More