Financial Earnings

News / Distribution

Vacasa announces layoffs to 13% of workforce

By D.J. Catron | May 9, 2024

The vacation rental management company laid off 13% of its workforce as it seeks to reorganize operations following a Q1 that saw gross booking value drop 18% year over year. Read More

News / Online

Airbnb's Chesky says homes will be just one of “many categories” in its future “solar system”

By Mitra Sorrells | May 8, 2024

Along with details about longer term growth plans, Airbnb CEO Brian Chesky shared details of the company's Q1 growth, including a 60% increase year over year in app downloads in the United States. Read More

News / Online

Tripadvisor is not for sale - at least not for now

By Morgan Hines | May 8, 2024

Tripadvisor announced it is not selling amid first quarter earnings results that included revenue of $395 million, reflecting year-over-year growth of 6%. Read More

News / Distribution

Amadeus reports "solid start" to 2024

By Linda Fox | May 8, 2024

Group revenue for the Madrid-based business rose to €1.5 billion, a 14% increase versus the same quarter in 2023. Read More

News / Online

Incoming Expedia Group CEO Ariane Gorin emphasizes AI, personalization

By Morgan Hines | May 2, 2024

Ariane Gorin shared her plans as the incoming CEO of Expedia Group while the company reported earnings, tempering booking expectations for 2024. Read More

News / Online

Booking Holdings beats earnings expectations, talks up AI potential

By D.J. Catron | May 2, 2024

First quarter revenues of $4.4 billion represented a 17% increase over the same period last year, and net income of $776 million was nearly three times higher than Q1 in 2023. Read More

News / Distribution

Sabre says growth strategy beginning to pay off

By Linda Fox | May 2, 2024

Sabre president and CEO Kurt Ekert said margin expansion for the distribution company was driven by revenue growth, efficiency improvements and progress on its technology transformation. Read More

News / Online

Trivago claims early success of brand marketing switch

By Linda Fox | May 1, 2024

Trivago reported a net loss for the quarter of €8.4 million compared with net profit of €9.9 million for Q1 2023. Read More

News / Online

A visual history of digital travel brands’ revenues since 1995

By Mitra Sorrells | April 9, 2024

Watch a visual progression of the quarterly revenues for publicly-traded digital travel companies dating back to 1995. Read More

News / Online

Sonder faces potential class action and gets “deficiency notification” from Nasdaq

By Mitra Sorrells | April 8, 2024

The Rosen Law Firm announced Sunday it is preparing a class action investigation into allegations Sonder may have “issued materially misleading business information to the investing public.” Read More

News / Online

Amex GBT's big CWT deal would add scale but faces scrutiny

By Michael B. Baker - BTN | March 26, 2024

American Express Global Business Travel's newly announced acquisition of rival CWT would be a merger of giants but might not face the regulatory scrutiny that has quashed recent major mergers in the... Read More

News / Technology

Despegar shares AI trip planner details, reports record quarter

By Linda Fox | March 15, 2024

During its Q4 and full-year 2023 results, the company said it had achieved its highest gross bookings since its IPO in 2017 and shared further details of its AI trip assistant Sofia. Read More

News / Online

Online travel giants set new record for marketing spend in ‘23

By Mitra Sorrells | March 13, 2024

Expedia Group, Booking Holdings, Airbnb and Trip.com Group collectively spent $16.8 billion on sales and marketing in 2023 as they compete with one another and with suppliers enticing travelers to book... Read More