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Online
Peter Kern stepping down, Ariane Gorin to take over as Expedia Group CEO in May
By Mitra Sorrells and Derek Catron
|
February 8, 2024
Kern has been Expedia Group's CEO since April 2020. The announcement came during an earnings call in which the company reported its highest ever full-year and fourth quarter revenue.
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News
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Online
Uber reports first full-year profit on strong global growth
By Derek Catron
|
February 7, 2024
Surging global travel demand aided the ride-sharing giant, which saw its number of trips increase 24% to reach 2.6 billion in Q4 and more than 9.4 billion for the year.
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News
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Online
Trivago counting on increased marketing spend to improve results
By Linda Fox
|
February 7, 2024
Full year revenue for the hotel metasearch service came in at €485 million, down 9% versus 2022, and €92 million for the quarter, down 13% year over year.
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Expedia Group's Julie Whalen talks tech transformation and travel demand
By Linda Fox
|
December 14, 2023
With just over a year as CFO of Expedia Group under her belt, Julie Whalen took to the stage at The Phocuswright Conference 2023 to discuss the company's technology developments, the impact of...
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News
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Trip.com Group attributes revenue gains to travel's "substantial recovery"
By Linda Fox
|
November 21, 2023
During an earnings call James Liang, Trip.com Group's chairman, added that outbound business is “rapidly recovering” and that the company anticipates “a continuously strong demand for outbound travel in...
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News
/
Distribution
Earnings roundup: EDreams, Flight Centre and Sonder
By Linda Fox
|
November 17, 2023
Highlights from the latest financial updates of eDreams Odigeo, Flight Centre and Sonder.
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News
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Online
Earnings roundup: Vacasa, HomeToGo, Amex GBT and Despegar
By Linda Fox
|
November 10, 2023
A roundup of the third quarter 2023 earnings for travel companies, including Amex GBT, Despegar and HomeToGo.
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News
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Online
Travel helps Uber drive to another profitable quarter
By Derek Catron
|
November 7, 2023
Surging global travel demand played a part in Uber's strong quarter, CEO Dara Khosrowshahi said during a call with investors Tuesday morning.
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News
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Online
Amadeus shares optimistic outlook, reports positive earnings
By Morgan Hines
|
November 7, 2023
Amadeus’ total revenue was up more than 14% in the quarter, with the biggest jump coming from its air distribution and air IT solutions segments.
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News
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Online
Tripadvisor Q3 revenue up across all segments, most sharply for Viator
By Mitra Sorrells
|
November 6, 2023
Tripadvisor's total revenue in the third quarter of this year was $533 million, up 16% year over year, with nearly half of that revenue coming from Viator.
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News
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Online
Expedia’s Kern: Focus is now on faster growth fueled by years of tech work
By Mitra Sorrells
|
November 2, 2023
Expedia Group posted record revenue and profitability in the third quarter of this year and reiterated full year guidance of double-digit topline growth with margin expansion.
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News
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Online
Booking Holdings posts record earnings, expects to grow AI, flight offerings
By Morgan Hines
|
November 2, 2023
Booking Holdings’ total revenue came in at $7.3 billion, showing a 21% increase over the same quarter last year, and adjusted EBITDA clocked at $3.3 billion - a 24% increase from the same quarter of...
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News
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Distribution
Sabre reports revenue gains in Q3 but losses increase
By Linda Fox
|
November 2, 2023
Sabre president and CEO Kurt Ekert said the financial results exceeded expectations.
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News
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Online
Trivago Q3 hit by less favorable market conditions
By Linda Fox
|
November 2, 2023
The company reported a €26 million decrease to total revenue of €158 million for the quarter versus the same period in 2022.
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News
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Online
Airbnb's Chesky envisions turning app into "ultimate travel agent"
By Derek Catron
|
November 1, 2023
Airbnb CEO Brian Chesky covers AI’s potential, short-term rental regulations, a threat from Google – and why he thinks Airbnb has nowhere to go but up.
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Marriott CEO on shifting loyalty from transactional to emotional
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The dream of a travel one-stop-shop: what comes next?
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Point.me secures $15M to expand travel rewards search platform
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Expedia Group expands Travel Shops to brand, celebrity, media partners
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“Founder mode” or "manager mode"? Travel execs weigh in on leadership styles
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The Phocuswright Conference 2024
The Phocuswright Conference 2024
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Snowflake expands its data cloud platform with capabilities tailored for travel
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How digitalization and consolidation will fuel growth in global cruise distribution
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