Flight metasearch continued to be Skyscanner's largest revenue channel, turnover from hotel, car hire and advertising products contributed 20% of revenue.
Trivago experienced a net loss of €20.7 million for Q2, adjusted EBITDA for the quarter represented a loss of €17.7 million.
Market share weakness in Western Europe has impacted the company's global competitive position, which slightly decreased by 0.1 percentage point to 43.5%.
TripStack wants to provide OTAs with access to Low-Cost Carriers (LCCs) and “Virtual Interline” fares.
Artificial intelligence-powered travel concierge Mezi has pulled out of its travel management company relationships after being acquired by American Express in January 2018.
The major challenges that travel firms face is to innovate on top of legacy technology systems and be respectful of regulations.
Amadeus' revenue grew 3.1% from January to March compared to the first quarter of 2017, reaching €1,230 million, while EBITDA increased 7.4% to €539 million.
Travelport reported a 6% increase in net income to USD 59 million for the first quarter of 2018. Travel Commerce Platform revenue increased 5% to $653 million.
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