As earnings season, when public companies release their quarterly results, kicks off for online travel agencies this week, we’ll be looking to see how inflation and other economic disruptions are affecting their summer and autumn prospects, and whether they have anything innovative in the works.
India’s MakeMyTrip will be one of the first online travel agencies to report its financials on Wednesday and then earnings are likely to continue for a few more months as the Trip.com Group of -China usually releases its numbers at the end of September.
Here are a few things we are looking for from individual companies:
How Was Airbnb’s July?
Analysts expect Airbnb to report strong growth in bookings for the second quarter, which ended June 30, but what will the short-term rental giant say about how things have been trending in July? Did bookings growth show signs of slowing in July, as some expected?
Airbnb’s commentary on how its bookings are doing so far in the third quarter will send its share price up or down. This may interest you : Seattle real estate startup Flyhomes cuts 20% of staff due to ‘uncertain financial situation’.
In addition, Airbnb will mention the expansion of its search category in the middle of the quarter, and if this disrupts operations, as many hosts insist on social media?
Will Tripadvisor’s New CEO Tip His Hand About Strategy?
Tripadvisor has its first new CEO, Matt Goldberg, in over twenty years. During his first earnings call as the new boss of Tripadvisor, investors will be looking to see if he moves forward with a potential plan to spin out activities aggregator Viator and also possibly the TheFork dining reservations platform, or are those moves being held up now due to adverse market conditions?
What will Goldberg say about Tripadvisor Plus, the company’s discount subscription service, or any strategy to reinvigorate the company’s core hotel metasearch business? This may interest you : Worthington says Lifestyle Communities are not eligible for redevelopment.
Did Booking Holdings Pick Up Market Share?
Booking Holdings gained ground on some of its rivals during the quarter, as some reports indicated, and how strong was the impact on the company from the reduction of the euro in relation to the dollar? On the same subject : Netflix begins second round of layoffs, 300 positions cut (EXCLUSIVE).
What has been the progress on CEO Glenn Fogel’s signature connected travel strategy?
Did Expedia Group’s Vacation Rental Unit Keep the Momentum Going?
Some entertainment-oriented vacation rental companies are slowing or reporting a good outlook for fall bookings. Given that background, could Vrbo, which was the strongest brand in the Expedia Group portfolio, maintain the positive pace it set in 2020 and 2021?
Will there be an update on Expedia’s progress to re-plan the company, and try to light up the business-to-business part of its operations?
Now that there are flight price notifications in the Expedia app, will the company reveal plans to start offering a flight price freeze or other fintech or insurance-oriented products?
Is Sonder Making Progress After Restructuring?
Sonder restructured in June, eliminating 20 percent of its corporate jobs, as it pledged to curb growth to reach positive cash flow in 2023. Besides layoffs, has the company made progress in limiting its cash burn?
Meanwhile: the market did not give a vote of confidence to Sonder: Its shares ended trading Friday at less than $ 1, that is $ 0.97 per share.
What is Sonder’s perspective towards autumn and winter?
Can Vacasa Get Its House in Order?
Vacasa has cut 25 sales jobs, furloughing many of its sales team who need to increase the pace of their deals after what one source said was a problematic Salesforce software integration several months ago.
With its valuation battered and now hovering at just over $1 billion, Vacasa’s executives regretted its stock market debut in December, and now have to make overtures to pivot to profitability. in the public glare?
How will Vacasa manage to hit the accelerator on supply acquisition, meaning signing additional homes, when its sales efforts appear to be struggling? Will it weaken in portfolio acquisitions, which bring their own set of issues?
How Did Trivago Calibrate Its Marketing Spend?
Trivago launched some TV campaigns in certain markets in May, promising to lean either out of brand or performance marketing spend depending on various factors such as demand.
So what were the demand trends for Trivago during the quarter and how did they impact marketing spend?
Trivago is making some progress on its business model shift to take its own bookings for weekend getaways, and there’s something significant to report about its relatively new foray into -partnerships between businesses?
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 India partnership with Amazon for flights.
Both partnerships are in line with MakeMyTrip’s aim to increase market share by further penetrating the so-called tier 3 and tier 4 cities. MakeMyTrip will shed light on the progress on these fronts, as well as how inflation may be affecting its outlook for the rest of the calendar year?
Did MakeMyTrip debut or test any new fintech products during the quarter?
Lastminute.com Faces Fraud Probe
We hope that Lastminute.com, formerly known as Bravofly Rumbo Group, will have something to say about the probe into the Covid relief fraud that has engulfed top executives.
Beyond that investigation, in which the Swiss froze about $7 million in Lastminute.com accounts, it will be interesting to see how both the Russia-Ukraine war and the weakness of the euro affected the company’s operation.
Is Lastminute.com’s package 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 was not seeing worries about demand for travel in Latin America, as were concerns in North America, adding: “Remember that the southern hemisphere is still catching up with travel demand compared to the northern hemisphere, so there is still enough 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 Trip.com Group, as much as or more than many others, but will we be watching to see if company executives express any optimism about a domestic travel recovery in the short term?
Meanwhile, will there be any sign of when Chinese travelers will be able to travel beyond their own borders again?
