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Trivago sees revenue slump 70% in 2020, bets on local travel to fuel recovery
By Jill Menze
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February 9, 2021
Although revenue for Trivago dropped 70% for the full year and nearly 80% for the fourth quarter of 2020, the company believes it's at a turning point in the pandemic.
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News
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Online
Trivago acquires getaway online travel agency Weekend.com
By Kevin May
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January 14, 2021
It is the first acquisition for Trivago since it bought TripBuddy, an AI-led personalization engine, in May 2018.
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News
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Online
Expedia Group Q3 “better than expected,” Vrbo up YoY
By Mitra Sorrells
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November 4, 2020
Expedia Group CEO Peter Kern says the company intends to be "more bold" on pushing the Vrbo brand while it also pursues a broad cost-cutting strategy.
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News
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Online
Trivago says soft demand ongoing, hopes for travel recovery in mid-2021
By Linda Fox
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November 3, 2020
Reporting third quarter 2020 results the hotel metasearch company says increases over the summer period were driven by nearby trips to nature spots in “developed Europe.”
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News
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Online
Google plays hardball with pandemic-affected travel site, freezes its ad account
By Mitra Sorrells
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August 19, 2020
According to a travel executive, Google froze his company's advertising accounts when it was unable to pay its Q1 invoices on time.
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News
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Online
Abysmal April pulls Expedia Group down to record lows in second quarter
By Mitra Sorrells
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July 30, 2020
Expedia Group saw an uptick in business in May and June and now a leveling off in July.
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News
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Online
Trivago revenues wiped out as pandemic shut down travel in second quarter
By Kevin May
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July 29, 2020
Revenue coming into hotel search service Trivago was almost obliterated between April and June, with the brand bracing for a 93% collapse from the same period 12 months prior.
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News
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Online
Trivago, Booking.com, KLM and others unite to create COVID-19 information service
By Kevin May
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June 4, 2020
A group of major travel brands have created a service to provide a single data source with current global news as it relates to the coronavirus outbreak and recovery.
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News
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Distribution
VIDEO: New Reality With... Axel Hefer of Trivago
By PhocusWire
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May 27, 2020
The next guest on the New Reality With... series is Axel Hefer, CEO of Trivago, the Germany-based hotel search service.
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News
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Online
Expedia Group sees "great things ahead" and vows less reliance on Google
By Jill Menze
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May 20, 2020
Despite the coronavirus' impact on business, Expedia Group believes it's well-positioned to bounce back and steer away from Google.
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News
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Online
Trivago outlines steps to preserve cash as revenue drops 33%, income down €222M
By Mitra Sorrells
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May 18, 2020
Trivago says it's cutting advertising spending and preparing for "significant headcount reductions" to deal with COVID-19 impact.
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News
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Online
Expedia Group names Peter Kern as new CEO, lands $3B financing package
By Mitra Sorrells
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April 23, 2020
The announcement today from chairman and senior executive Barry Diller also includes a new CFO and $3.2 billion in new capital - $2 billion coming as debt financing and $1.2 billion an equity investment...
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News
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Online
Should hotels consider resuming Google Ads and other search campaigns?
By Pau Siquier - Mirai
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April 21, 2020
After the brutal shock to the travel industry due to the coronavirus crisis, the vast majority of hotels stopped or questioned all their investments in online marketing, mainly Google Ads and...
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Opinion
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Distribution
Q&A: Trivago CEO shares vision for “moment in time” when travel resumes in a post-crisis world
By Steven Lerner
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April 6, 2020
Trivago CEO Axel Hefer discusses his outlook for travel, how Trivago is preparing for the future and the role of metasearch during the recovery.
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News
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Online
Calm before the coronavirus storm - recap of latest online travel earnings
By Steven Lerner
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March 23, 2020
We've updated PhocusWire's visual history of online travel company revenues to include the most recent quarter.
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News
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Online
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