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Expedia reports net loss of $391 million in Q4

Lodging revenue decreased 58% in the fourth quarter of 2020 on a 61% decrease in room nights stayed.

02/12/2021|11:41:06 AM|ChinaTravelNews

Trivago sees 70% drop in 2020 revenue, expects "strong recovery" in second half of 2021

The second wave of COVID-19 infections in the fourth quarter of 2020 has materialized in most countries where the company operates.

02/11/2021|9:30:43 AM|ChinaTravelNews

MakeMyTrip posts a 61.3% drop in revenue but is on track of recovery

Gross bookings improved to $598.8 million in 3Q21 versus $213.0 million in 2Q21, reflecting an increase of 181.5% QoQ.

01/28/2021|11:42:37 PM|ChinaTravelNews

Book Tech joins Delivering Group’s coalition of leading digital, distribution brands for travel, hospitality

The Delivering Group, which recently formed partnerships with AI chat specialist HiJiffy and hotel technology consultancy CUBE, has now included tailor-made online booking experts Book Tech.

11/17/2020|3:23:53 PM|Delivering Group

How airline revenue management and pricing teams respond to revenue volatility?

The revenue management framework and the approach to pricing will have to unlearn and re-learn to adapt and deliver in the new realities.

11/16/2020|11:06:10 PM|Shweta Vashishth, RateGain

GlobalTix & Magpie announce strategic partnership

GlobalTix brings its 80,000+ products to Magpie’s Content Management platform, aiming for higher quality and a faster recovery in the post-Covid market.

11/13/2020|5:06:21 PM|Magpie Travel

Expedia Group reports 68% drop in gross bookings in Q3

"The travel industry and the world still face a prolonged and bumpy path to recovery, with increasing COVID-19 cases and uncertainty around vaccine and therapeutic timelines."

11/05/2020|8:05:25 AM|ChinaTravelNews

Trivago reports a net loss of €2.3M in Q3 but sees signs of recovery

In the third quarter of 2020, Referral Revenue declined to €15.2 million.

11/03/2020|1:54:12 PM|ChinaTravelNews
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