Financial Earnings

News / Online

Expedia Group names former interim eBay CEO as new CFO

By Morgan Hines | December 20, 2024

Expedia Group has announced that Scott Schenkel will serve as its new chief financial officer after Julie Whalen departs the company in February. Read More

News / Online

PhocusWire's weekly travel tech news briefs: Amadeus, Sabre, Hostaway

By PhocusWire | December 20, 2024

Keep up with all the latest people, product and partner news from around the global travel industry in PhocusWire's weekly roundup. Read More

News / Online

Mondee says no plan to appeal Nasdaq non-compliance

By Linda Fox | November 28, 2024

Mondee delayed the filing of its third quarter earnings earlier this month and received a letter of non-compliance from the Nasdaq. CEO Prasad Gundumogula has taken a leave of absence. Read More

News / Technology

Lighthouse secures $370M in Series C growth investment

By Mileva Sapic | November 21, 2024

The investment in Lighthouse will drive product innovation, strategic acquisitions and global expansion. Read More

News / Startups

Why is it so hard for female founders to land venture capital?

By Morgan Hines | November 14, 2024

The percentage of companies founded by women in the United States made up just 6.4% of venture capital deals in 2024 and 2% of venture capital money. Read More

News / Online

HomeToGo reports booking revenue high in Q3

By Linda Fox | November 12, 2024

The company has adjusted its full-year 2024 booking revenues guidance to more than €255 million, up 34% year over year. Read More

News / Online

Airbnb’s Icons, group travel features have contributed to 1.7 million new profiles since May

By Morgan Hines | November 7, 2024

Airbnb saw $3.7 billion in revenue in Q3 this year, a 10% increase compared to Q3 2023, while adjusted EBITDA was up 7% year-over-year to $2 billion. Read More

News / Technology

Amadeus revenue hits €1.5B in Q3

By Linda Fox | November 7, 2024

Amadeus CEO Luis Maroto said company aims to be "undisputed aggregator" of NDC volumes for airlines. Read More

News / Online

Viator’s revenue surpasses brand Tripadvisor for first time in Q3

By Mitra Sorrells | November 6, 2024

In the third quarter of this year experiences revenue grew 10% year over year accounted for 51% of Tripadvisor’s total revenue. Read More

News / Online

Trivago reports continued losses, cites impairment charge

By Morgan Hines | November 5, 2024

The hotel metasearch platform said it remains optimistic that it can return to top line growth year-over-year during the fourth quarter in part through disciplined marketing investment decisions. Read More

News / Distribution

Sabre described as "different company" as Q3 gains reported

By Linda Fox | October 31, 2024

Sabre has reported gains across both its travel and hospitality solutions business units in the third quarter of 2024, with total revenue in the quarter up 3%. Read More

News / Online

Booking Holdings' connected trip transactions jump 40% year over year in Q3

By Morgan Hines | October 30, 2024

Booking Holdings brought in total revenue of $8 billion, a 9% increase compared to the same quarter last year, with 39% growth in airline tickets sold. Read More

News / Online

The travel labor shortage should be over, so why are we still worried?

By PhocusWright Research | September 25, 2024

Phocuswright research has found that the hospitality industry is facing staffing challenges due to low pay, long hours, lack of remote work and declining interest. Read More

News / Online

Hospitality experiences platform Turneo raises $2M seed investment

By Mileva Sapic | September 18, 2024

Travel tech startup, Turneo, plans to further expand its global footprint and enable more hotels to offer in-destination activities to guests with the investment led by Bessemer Venture Partners. Read More

News / Online

Reiwa Travel raises $33M for travel packaging tech development and expansion

By Yeoh Siew Hoon - Web in Travel | September 9, 2024

Reiwa founder Takaya Shinozuka said earlier this year that he planned to take Newt, his travel packaging startup, global and that he was in the midst of raising funding to power the expansion. Read More

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