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Trivago N.V. (NASDAQ: TRVG) stands as the world’s largest online hotel search platform, revolutionizing the way travelers find their ideal accommodations. With a database that covers over 700,000 hotels worldwide and more than 150 booking sites—including Expedia, Hotels.com, and Booking.com—Trivago serves as a powerful tool for over 45 million visitors each month. Users can compare prices, access more than 120 million reviews, and select from a variety of 150 filter criteria to refine their search results, making informed decisions about their stay.
Founded in 2005, Trivago has expanded its reach across 40 international platforms, firmly establishing a global presence. The company operates in three main segments: the Americas, Developed Europe, and the Rest of the World, with the majority of its revenue generated from the Developed Europe segment, which includes countries like Germany, France, and Italy.
Trivago’s mission is to reshape the travel experience by providing a personalized hotel search that includes a wealth of information and competitive pricing. The platform not only benefits travelers but also helps hotel advertisers expand their reach to a broad audience. Recent strategic initiatives include a renewed focus on brand marketing, underscored by the launch of successful summer campaigns and a one-time extraordinary dividend slated for later this year, pending shareholder approval.
Additionally, Trivago is committed to maintaining financial stability and growth, as evidenced by recent executive changes and strategic decisions to optimize capital structure. The company has announced several upcoming financial result releases and webcasts, which will be accessible through their investor relations website.
As Trivago continues to innovate and adapt to market trends, it remains a pivotal player in the online travel industry, dedicated to providing travelers with the best hotel search experience possible.
trivago N.V. (NASDAQ: TRVG) has announced that its annual general meeting of shareholders will occur on June 30, 2021, at the Hilton Amsterdam Airport Schiphol, starting at 3:30 p.m. CEST. The convening notice and explanatory notes are accessible free of charge in the Investor Relations section of the company's website. trivago is a leading hotel search platform, connecting travelers with over 5 million hotels and accommodations across 190 countries. The company focuses on enhancing the hotel search experience, enabling informed decisions through personalized services.
Trivago has announced a multi-year partnership with Chelsea Football Club, becoming the team's Official Training Wear Partner. This collaboration will see Trivago’s branding featured on the training kit for the Men’s, Women’s, and Academy teams post the final Premier League match. The partnership aims to enhance fan engagement through the 'Let’s Go' campaign, providing exclusive experiences such as player meet-and-greets and behind-the-scenes access. The deal is seen as a strategic move to strengthen Trivago’s brand presence in the sports sector.
trivago has launched trivago Weekend in the US and UK, focusing on helping users find nearby getaway options. This initiative addresses travel restrictions from the pandemic by offering curated content for accommodation and local experiences. Users can search within a 100-200 mile radius, tailoring their trips according to location, dates, and guest numbers. The launch coincides with a rise in demand for domestic travel as restrictions ease. This follows trivago's acquisition of weekend.com, integrating its content into the platform.
trivago announces a partnership with TUI Group to offer users access to over 55,000 experiences in more than 100 countries. This new ‘Activities’ section will allow trivago users to book various excursions, guided tours, and tickets for major attractions. The majority of bookings will have instant email confirmation and flexible cancellation options. CEO Axel Hefer stated that this diversification aligns with rising travel demand post-pandemic. The offering is currently available in several key European and North American markets.
trivago N.V. (NASDAQ: TRVG) will release its Q1 2021 financial results on May 3, 2021, after market close. Following this, a webcast with management will occur on May 4, 2021, at 2:15 PM CEST / 8:15 AM EDT. The results and webcast details will be provided in the Investor Relations section of their website. trivago focuses on enhancing the hotel and accommodation search experience for travelers, providing valuable information and price comparisons to aid decision-making.
Weekend.com, part of trivago, has launched new train travel packages, covering over 150 destinations in Germany and neighboring countries. These packages include train tickets and accommodations, catering to the rising demand for domestic travel since the pandemic began. Customers can book from more than 10,000 train stations and choose from accommodations in attractive locations. Key destinations include Garmisch-Partenkirchen and international cities like Bruges and Vienna. This initiative simplifies travel planning, promoting accessible weekend getaways.
trivago's recent survey shows that 80% of respondents consider the inability to travel the worst part of the pandemic. Conducted from January 3-9, 2021, with over 2,000 participants from the U.S. and U.K., the survey highlights a significant yearning to travel again. Notably, 25% would sacrifice all their savings, and around 40% would give up sex for a year to travel immediately. Over 80% agree that travel is essential for a fulfilling life, with a predicted travel boom post-pandemic as two-thirds plan to travel more than before.
trivago N.V. (NASDAQ: TRVG) has announced it will release its fourth-quarter financial results for the period ending December 31, 2020, on February 9, 2021, after market close. Following this, a webcast led by management is scheduled for February 10, 2021, at 2:15 PM CET / 8:15 AM EST. Interested parties can access the financial results on the company’s Investor Relations page, with a replay available for at least three months.
Dusseldorf, Germany – January 13, 2021, trivago N.V. (NASDAQ: TRVG) has announced the acquisition of weekengo GmbH and weekend.com, enhancing its offerings for weekend travel. This acquisition allows trivago to integrate weekend.com's inspirational content with its own marketing expertise, aiming to transform travel intent into memorable getaways. Trivago plans to leverage synergies with its existing products while expanding the reach of weekend.com, which specializes in short-term travel packages. Both companies share a commitment to improving traveler experiences.
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