Financial Earnings

News / Online

MakeMyTrip makes gains across air ticketing, hotels as travel demand remains high

By Linda Fox | October 31, 2023

The Gurugram, India-based business attributed its revenue gains for the quarter to elevated travel demand. Read More

News / Online

Trip.com says platforms like TikTok will have difficulty challenging OTAs

By Linda Fox | September 5, 2023

Trip.com Group's Q2 2023 report revealed net revenue of $1.6 billion, up 180% year over year and 22% quarter over quarter. Read More

News / Online

Grab boosts mobility revenue through supply improvement

By Linda Fox | August 23, 2023

Grab reported a 77% increase in Q2 2023 revenue to $567 million and a 74% decrease in losses to $148 million. Read More

News / Distribution

Travel tech platform Mondee acquires Skypass, reports Q2 net revenue of $57M

By Mitra Sorrells | August 15, 2023

Skypass is the fourth acquisition for Texas-based Mondee this year, as the company looks to expand both geographically and into new content and distribution channels. Read More

News / 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. Read More

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. Read More

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. Read More

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. Read More

News / 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. Read More

News / 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. Read More

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. Read More

News / 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. Read More

News / 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%. Read More

News / 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. Read More