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Financial Earnings
News
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Online
HomeToGo hits revenue highs in the second quarter
By Linda Fox
|
August 15, 2023
Booking revenues increased more than 8% in Q2 to €50 million compared with €46 million year-over-year.
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News
/
Online
Earnings roundup: Amex GBT, Sonder, Vacasa and TUI Group
By Mitra Sorrells
|
August 11, 2023
As publicly traded travel companies continue to report their earnings for the three months ending in June, we round up the latest reports.
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News
/
Online
IHG reports revenue, user and download gains for its mobile app
By Linda Fox
|
August 9, 2023
The company also revealed the latest developments on attribute selling and its Guest Reservation System.
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News
/
Online
Airbnb accelerates supply growth, looks to expand beyond core service
By Mitra Sorrells
|
August 3, 2023
Airbnb saw its revenue reach $2.5 billion in the second quarter of this year - with more than 115 million nights and experiences booked on the platform.
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News
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Online
Booking’s Fogel sees signs of “record summer travel season”
By Derek Catron
|
August 3, 2023
Booking Holdings enjoyed record gross travel bookings in Q2, but CEO Glenn Fogel sees even better things coming based on July figures.
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News
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Online
Expedia Group sees cause for optimism in record Q2 earnings
By Derek Catron
|
August 3, 2023
While revenues slowed and fell below analysts’ estimates, CEO Peter Kern saw promise in Expedia Group’s plans for the rest of the year.
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News
/
Distribution
Sabre notes "momentum" across the business
By Linda Fox
|
August 3, 2023
An improvement in profit driven by travel bookings was partially offset by increased incentive costs, hospitality transaction costs and expenses related to the head count reduction.
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News
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Online
Viator accounted for nearly half of Tripadvisor’s revenue in Q2
By Mitra Sorrells
|
August 2, 2023
Viator's revenue was up 59% in Q2 this year compared with 2022 and is now nearly on par with revenue from the Tripadvisor Core segment, which includes its flagship metasearch.
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News
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Online
Trivago second quarter revenue dips
By Linda Fox
|
August 2, 2023
Referral revenue decreased from €141 million to almost €123 million while return on advertising spend was 145% versus 166%.
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News
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Online
Uber sees first-ever quarterly profits while eyeing travel tours markets
By Derek Catron
|
August 1, 2023
Q2 earnings of $9.2 billion boosted the drive to profitability, and CEO Dara Khosrowshahi spoke about the value of machine learning and opportunities in the U.K. travel tour operating market.
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News
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Online
MakeMyTrip reports gains across air, hotels and buses
By Linda Fox
|
August 1, 2023
Rajesh Magow, group chief executive, said the company had hit "all-time high gross bookings and profits."
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News
/
Distribution
Amadeus focused on cloud and hospitality, boosts R&D spend
By Linda Fox
|
July 28, 2023
Amadeus made revenue gains across airline distribution, Air IT and hospitality divisions in Q2, 2023.
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News
/
Online
Trip.com Group sees pent-up demand drive bookings above 2019 levels
By Mitra Sorrells
|
June 8, 2023
In a call with analysts to discuss Q1 results, company executives also spoke of continued integration of AI with "proper guardrails in place."
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News
/
Online
Online travel giants Q1 marketing spending shows wide variance
By Mitra Sorrells
|
June 6, 2023
Expedia Group spent the highest percentage of revenue on marketing while Airbnb spent the least and focused on expanding brand awareness and balancing supply and demand.
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News
/
Online
Despegar gets boost from travel packages in Q1
By Linda Fox
|
May 22, 2023
Reporting first quarter results for 2023, the company said travel demand in Latin America continues to recover with Despegar reporting gross booking up 44% year over year to $1 billion.
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Why travel’s experiences sector isn’t likely to operate like others
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Travelport boosts balance sheet with $570 million investment
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Travel predictions: Breaking down walls, AI and revenue optimization
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AmTrav's Klee on saving third-party air distribution in business travel
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Presenting the Hot 25 Travel Startups for 2024
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Phocuswright Europe 2024
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The year in review and the year ahead presented by Phocuswright, PhocusWire and Miles Partnership
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BabyQuip - Launch pitch at The Phocuswright Conference 2023
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Hotels.com co-founder Bob Diener talks exits and opportunities
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Travelers, airlines want sustainability; standards will help
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