Total revenues were $5.0 billion, a 4% increase from the prior year while net income rose by 10% to $2.0 billion.
The company's travel agency air bookings growth (0.5%) outperformed the industry (-0.8%), driven by market share gains in all regions except its Asia-Pacific business (-15.3%).
In light of the difficult third quarter, TripAdvisor announced a comprehensive cost structure evaluation and authorized an additional $100 million share repurchase.
Gross bookings and revenue both increased by 9% to $26.9 billion and $3.6 billion separately. Total stayed lodging room nights increased by 11%.
Jet Token had already launched an initial version of its iOS app in September and is planning to ship the version with built-in crypto payments by the end of this year.
Bookings on Comtravo can be done either, through the online booking tool, or by email.
Net income in the third quarter of 2019 was €0.3 million and adjusted EBITDA was €10.9 million.
Experiences-focused companies are now too expensive for the giants to buy, they could remain thorns in the sides of the legacy players for years to come.
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