In a Trivago strategy pivot, expect to see more Trivago actors on TV and video, but much less advertising in search engines such as Google. These are among the strategy shifts that the hotel metasearch platform announced Monday in a shareholder letter while taking some $226 million (207 million euros) in impairment charges tied to […]
TRVG earnings call for the period ending March 31, 2020.
Eight German travel startups, including GetYourGuide and Trivago, called on Google to cease its bill collection efforts for first quarter advertising services, and to share the burden of refunding consumers for trips and activities that never took place because of coronavirus lockdowns. In other words, call off the bill collectors. The demand took place in […]
Their moderate to low financial burden lowers the investment risk Continue reading...
DÜSSELDORF, GERMANY - May 27, 2020 - trivago N.V. (TRVG) announced today that its annual general meeting of shareholders will be held on June 30, 2020 at the offices of NautaDutilh N.V., Beethovenstraat 400, 1082 PR Amsterdam, the Netherlands. The convening notice and explanatory notes for the general meeting are available free of charge in the Investor Relations section of trivago N.V.'s corporate website at ir.trivago.com.
trivago N.V. (NASDAQ:TRVG) shareholders should be happy to see the share price up 15% in the last month. But that...
A group of German travel companies want Google to refrain from collecting ad bills if they have received government aid amid the pandemic.
Today is shaping up negative for trivago N.V. (NASDAQ:TRVG) shareholders, with the analysts delivering a substantial...
Axel Hefer, Trivago CEO, joins Yahoo Finance's Alexis Chirstoforous and Brian Sozzi to discuss where the company is currently seeing high demand among travelers.
Today we are going to look at trivago N.V. (NASDAQ:TRVG) to see whether it might be an attractive investment prospect...
The travel industry has been decimated, more so than any other in the pandemic. One company whose mission is to help people find accommodations is hoping to reimagine its role in the months ahead. CEO Axel Hefer expects the industry to come back -- albeit in a new form.
Growing competition from players such as Google, Airbnb, and Trip.com Group, as well as reductions in marketing spend by large online travel agency advertisers and the potential materially adverse impact of a regulatory decision in Australia all led to a Trivago decline in net income for the fourth quarter. At the end of an earnings […]
Top news and what to watch in the markets on Friday, March 6, 2020.
Faced with a drop of more than 95 percent in referral revenue in the last week of the first quarter, Trivago informed investors that it has started to "make changes to our organizational setup," including "significant" headcount reductions. Other than chopping jobs, and reducing costs, Trivago didn't specify what organizational changes it is making. Referral revenue […]
DÜSSELDORF, GERMANY – May 7, 2020 - trivago N.V. (NASDAQ: TRVG) announced today that it will release its financial results for the first quarter for the period ended March 31,.
Shares of Trivago wavered between gains and losses after the company released disappointing Q1 earnings results. Revenue shrunk 33% y/y to €139.8 million in Q1. March saw a 95% contraction in spend from advertisers, as global travel wound down. …
Thank you for standing by and welcome to the trivago Q1 Earnings Call 2020. Please refer to the Q1 operating and financial review and the company's other filings with the SEC for information about factors which could cause trivago's actual results to differ materially from these forward-looking statements.
Like the rest of the travel sector, Trivago (NASDAQ: TRVG) saw sales tumble in the first quarter as the coronavirus pandemic swept across the world, impacting markets in Asia, Europe and the Americas. Revenue in the quarter fell 33% to 139.8 million euros, and the company dialed down its marketing expenses by a similar percentage as travel demand collapsed. The company warned that second-quarter results would be significantly worse than the first quarter's, and said that revenue loss bottomed out at 95% year-over-year in the last week of March and remained that way through April, though it has seen a modest recovery since then as European countries have begun to reopen.
You shouldn't have to look for these high-quality companies in Wall Street's bargain bin, but that's exactly where you'll find them today.
The leading online travel specialist is holding up better than its peers. Does that make sense?
Investors with skin in the travel industry game are hurting this year. Online travel specialists aren't tethered to a single brand or even industry niche, but those models are naturally taking it on the chin. Expedia (NASDAQ: EXPE) -- the world's second-largest online travel portal with $11.7 billion in trailing-12-month revenue -- entered the holiday weekend trading 46% below its previous high.
Expedia Group's (EXPE) fourth-quarter results benefit from strengthen across Expedia Partner Solutions and Hotels.com.
SunTrust Robinson Humphrey analyst Naved Khan repeated his Buy ratings on Booking Holdings, the operator of Booking.com, Expedia and Tripadvisor.