As earnings season, when public companies release quarterly results, kicks off this week for online travel agencies, we’ll see how inflation and other economic disruptions affect summer and fall forecasts, and whether they hold anything new. works.
India’s MakeMyTrip will be one of the online travel agencies to report its financials on Wednesday and then the earnings will likely take another few months as China‘s Trip.com Group usually releases its numbers in late September.
Here are some of the things we look for in individual companies:
How Was Airbnb’s July?
In the second quarter that ended June 30, analysts expect Airbnb to see strong growth in bookings, but what will the short-term rental giant say about how things were in July? Did reserve growth show signs of slowing in July, as some expected?
Comments on how Airbnb’s bookings are doing so far in the third quarter will send its share price up or down. Read also : New “lifestyle boutique” Blu Hazel coming to Libbie Mill.
Also, will Airbnb mention the mid-quarter search category expansion, which has disrupted operations, as many social media hosts claim?
Will Tripadvisor’s New CEO Tip His Hand About Strategy?
Tripadvisor has its first new CEO in more than two decades, Matt Goldberg. On the same subject : Waverly Business is celebrating its grand opening. In his first earnings call as the new leader of Tripadvisor, will investors see if he moves forward with a potential plan to create activity aggregator Viator and perhaps dinner aggregator TheFork, or are those moves stalled now due to poor market conditions?
What will Goldberg say about Tripadvisor Plus, the company’s subscription discount service, or the company’s strategy to reinvigorate its core hotel inventory business?
Did Booking Holdings Pick Up Market Share?
Did Booking Holdings beat some of its rivals during the quarter, as some reports have suggested, and how much has the company been affected by the fall in the euro against the dollar? To see also : Why This 1 Move by Netflix Could Backfire.
What has been CEO Glenn Fogel’s signature connected travel strategy?
Did Expedia Group’s Vacation Rental Unit Keep the Momentum Going?
Some leisure-oriented vacation rental companies are scaling back or reporting a soft forecast for fall bookings. Given this environment, has Vrbo, which has been the strongest brand in the Expedia Group’s portfolio, been able to maintain the fast pace established in 2020 and 2021?
Will there be an update on Expedia’s progress in re-platforming the company and trying to move into the business enterprise part of its operations?
With flight price notifications in the Expedia app, will the company announce a flight price freeze or plans to start offering fintech or other insurance-oriented products?
Is Sonder Making Progress After Restructuring?
Sonder restructured in June, cutting 20 percent of its corporate jobs, as it vowed to reduce growth in 2023 to become cash-flow positive. Aside from layoffs, has the company made progress in limiting its cash burn?
Meanwhile: The market hasn’t given Sonder a vote of confidence: Its shares ended Friday trading at less than $1, or $0.97 per share.
What is Sonder’s forecast for autumn and winter?
Can Vacasa Get Its House in Order?
Vacasa cut 25 sales jobs and read the incident report to much of its sales team to increase the pace of deals after what a source said was a problematic Salesforce software integration several months ago.
With its valuation battered and now at just over $1 trillion, do Vacasa’s executives regret its stock market debut in December, and now have to go public to lean toward profitability in the public glare?
How will Vacasa manage to hit the accelerator on sourcing, meaning signing additional homes, when its sales efforts appear to be struggling? Will he lean toward portfolio purchases, which bring their own set of problems?
How Did Trivago Calibrate Its Marketing Spend?
Trivago launched a series of TV campaigns in certain markets and vowed to include or exclude brand or performance marketing spend depending on factors such as demand.
So what were Trivago’s demand trends during the quarter and how did they affect marketing spend?
Is Trivago making progress in changing its business model to accommodate bookings for weekend getaways, and is there anything significant about its relatively recent forays into business-to-business partnerships?
Did MakeMyTrip’s Partnerships Help Expansion Into Smaller Cities?
MakeMyTrip launched a payments and fintech partnership with PhonePe in April in addition to its exclusive partnership with Amazon India for flights.
Both partnerships are in line with MakeMyTrip’s goal of increasing market share by delving into so-called Tier 3 and Tier 4 cities. Will MakeMyTrip shed some light on progress on these fronts, as well as how inflation may affect the outlook for the rest of the calendar year?
Did MakeMyTrip launch or test any new fintech products during the quarter?
Lastminute.com Faces Fraud Probe
We hope Lastminute.com, formerly known as Bravofly Rumbo Group, has something to say about the Covid-forecasting scam that has caught up with top executives.
Beyond that investigation, where the Swiss have frozen about $7 million in Lastminute.com accounts, it will be interesting to see how the Russia-Ukraine war and the weakness of the euro have affected the company’s operations.
Is Lastminute.com’s holiday business still showing strength?
Does Despegar Have a Shield From North America’s Inflationary Pressures?
Despegar CEO Damian Scokin said in mid-June that the company did not see inflation hampering travel demand in Latin America as much as it was a concern in North America, adding: “Remember the Southern Hemisphere is still catching up on travel demand. North in terms of the hemisphere, there is still ample room for growth, and we are seeing that.”
Does Trip.com Group Have Any Optimism About a Domestic Travel Recovery?
The pandemic has undoubtedly shaken the Trip.com Group, as many others or more, but we will examine whether the company’s executives express any optimism about the recovery of domestic travel in the short term?
In the meantime, will there be any sign of when Chinese travelers will be able to travel beyond their borders?
