trivago N.V. (TRVG)
1.3900 +0.03 (2.21%)
After hours: 5:22PM EDT
Chart Events
Performance Outlook
| Previous Close | 1.3300 |
| Open | 1.3400 |
| Bid | 1.3600 x 1000 |
| Ask | 1.3900 x 1200 |
| Day's Range | 1.3200 - 1.3700 |
| 52 Week Range | 1.3000 - 3.6200 |
| Volume | 207,737 |
| Avg. Volume | 311,449 |
| Market Cap | 480.489M |
| Beta (5Y Monthly) | 1.30 |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | -0.1400 |
| Earnings Date | Nov 03, 2020 - Nov 09, 2020 |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | N/A |
| 1y Target Est | 1.90 |
- GlobeNewswire
trivago N.V.'s Third Quarter 2020 Earnings Release Scheduled for November 2, 2020; Webcast Scheduled for November 3, 2020
DÜSSELDORF, GERMANY – October 23, 2020 - trivago N.V. (NASDAQ: TRVG) announced today that it will release its financial results for the third quarter for the period ended September 30, 2020 on Monday, November 2, 2020 after market close. On the next day, trivago N.V.'s management will conduct a webcast beginning at 2:15 PM CET / 8:15 AM EST. These items will be available in the Investor Relations section of the company's website at https://ir.trivago.com/. A replay of the call is expected to be available for at least three months. About trivago N.V. trivago N.V. (NASDAQ: TRVG) is a global hotel and accommodation search platform. We are focused on reshaping the way travelers search for and compare different types of accommodations, such as hotels, vacation rentals and apartments, while enabling our advertisers to grow their businesses by providing them with access to a broad audience of travelers via our websites and apps. Our platform allows travelers to make informed decisions by personalizing their search for accommodations and providing them with access to a deep supply of relevant information and prices.
- GlobeNewswire
Travelers Trade Cities for Seasides
COVID-19 travel restrictions and concerns continue to impact consumer travel behavior and shift preference for fall travel destinations DÜSSELDORF, GERMANY – October 13, 2020 – For many travelers, fall is often marked by experiencing the changing of the seasons from locations around the world. With travel restrictions still in place and concerns around a second wave on the rise in the US and across the pond, fall travel destinations have shifted from international cities to domestic destinations such as seaside beach towns.This latest data comes from trivago’s global monthly search data, with the most noticeable shifts from September 2019 appearing in destination type, same day and next day bookings and the number of bookings further from travelers’ homes. The global accommodation search provider will continue to release travel trends and insights on a monthly basis. The following data points capture trends during the month of September: * Domestic continues to dominate: With the reopening of casinos in June, Las Vegas held the top spot for domestic destinations in August and September among US travelers. * Beach destinations also remained the most popular destinations in the US, with Myrtle Beach, Panama City Beach, San Diego, Ocean City and Atlantic City all within the top ten among US travelers. * In Germany and the UK, neighboring countries and domestic seaside cities and resorts were overwhelmingly preferred last month when compared to September 2019. Cities such as Amsterdam, Dubai and Glasgow were replaced by Brighton, Cornwall and Bath for travelers in the UK. * Last-minute getaways gain popularity: The US, UK, and Germany all saw increases in last-minute travel, defined by less than 1 day before the trip. * The UK had the biggest increase from last year, with a 15% increase in searches 0-1 day from travel. Click-out share for trips further into the future, 31-91 days out, dropped across the board. * Far (but not too far) from home: While trips over 3,100 miles (5000 km) away decreased across the US, UK and Germany, the share of bookings within ~60-300 miles (100-500 km) increased. This signals an increased willingness to travel further domestically, given current limitations on international travel. * Lastly, price per stay unsurprisingly remained lower than the same period last year in both the US and UK. To learn more, visit trivago.com.About trivago trivago is a leading global accommodation search platform focused on reshaping the way travelers search for and compare hotels and alternative accommodations. Incorporated in 2005 in Düsseldorf, Germany, the platform allows travelers to make informed decisions by providing them access to a deep supply of accommodation information and options from hundreds of websites. trivago enables its advertisers to grow their businesses by providing access to a broad audience of travelers via its websites and apps. As of June 30, 2020, trivago has established 54 localized platforms connected to over 5.0 million hotels and alternative accommodations, in over 190 countries Media Contact: Stephanie Lowenthal stephanie.lowenthal@trivago.comForward looking statements This press release contains certain forward-looking statements. Words, and variations of words such as "believe," "expect," "plan," "continue," "will," "should," and similar expressions are intended to identify our forward-looking statements. These forward-looking statements involve risks and uncertainties, many of which are beyond our control, and important factors that could cause actual events and results to differ materially from those in the forward-looking statements. For additional information factors that could affect our forward-looking statements, see our risk factors, as they may be amended from time to time, set forth in our public filings with the Securities and Exchange Commission. We disclaim and do not undertake any obligation to update or revise any forward-looking statement in this press release, except as required by applicable law or regulation.
- GlobeNewswire
SUMMER VACATIONS SIGNAL LONG-TERM SHIFT IN CONSUMER TRAVEL BEHAVIOR
Mexico and the Jersey Shore Replace Popular US Destinations Chicago, New Orleans, and BostonDÜSSELDORF, GERMANY – September 14, 2020 – As the summer of 2020 comes to a close, it is clear that modern travel has been deeply impacted and not for the short term. From where and how we go to how long we stay and in what type of accommodation, the industry is changing and being led by consumer demand and behaviors driven by the pandemic. trivago examined its search data globally and found three ways that travel is evolving: timing, distance/type of destination and accommodation.“As the pandemic continues to affect every facet of our daily lives, the trends we are seeing, like domestic travel, are not a result of short-term reactions, but a shift in consumer behavior that we expect to take hold and influence the future of travel for the long-term,” said Axel Hefer, CEO trivago. Spontaneous or Uncertain? Travelers are planning trips in the “nearer” future indicating uncertainty about the future. In addition, short (less than 3 night) stays are declining, indicating that the effort needed to safely plan for this short of a trip may simply not be worth it.Search and click-out data indicate that travelers are planning their stays closer to departure than ever before. They are researching trips an average of four days earlier than last year signaling uncertainty about anything too far in the future.In fact, the majority of click outs (when a user clicks out to a property from the trivago platform) are eight to 28 days before arrival. Advance search and click outs (+41 days) have decreased globally overall and dropped by nearly half in the EU.Location, Location, Location! Unsurprisingly, domestic and regional travel have seen an increase year-over-year as a result of travel restrictions and fear of exposure to COVID-19 and becoming ill far from home as well as the potential need to quarantine upon their return. Desired destinations have shifted from urban and international to coastal and suburban or less populated domestic destinations including smaller towns and coastal or beach destinations.This shift was most marked in the EU with preference jumping 28 percent for domestic destinations year over year. The increase was less significant in the US with a relative increase of five percent, as the US travelers share of click outs to domestic destinations was already quite high last year. In general, people are staying closer to home.For example, the most popular destinations for US travelers are in the US or Mexico and at the beach, while 2019 saw London but not Mexico ranked in the top 10. In fact, two cities in Mexico, Cancun and Playa Del Carmen are within the top five cities replacing Chicago and New Orleans, respectively. Most surprising was the appearance of Wildwood, New Jersey replacing Boston in the 10th spot and Fort Lauderdale taking London’s spot at no. 9.Preference Toward Alternative Accommodation* Continues to Grow As alternative accommodations have increased in popularity over the years, 2020 has accelerated demand significantly with the need for safe spaces as well as a change of scenery for those in lockdown. With the freedom to learn and work anywhere, consumer interest in alternative accommodations has increased nearly 10 percent year over year and is expected to continue to grow. In comparison, searches and click outs for hotels has decreased by nearly 20 percent.** Hefer added, “We do expect as travel begins to normalize in the near future, hotel stays will increase again in popularity.”To learn more, visit trivago.com.About trivago trivago is a leading global accommodation search platform focused on reshaping the way travelers search for and compare hotels and alternative accommodations. Incorporated in 2005 in Düsseldorf, Germany, the platform allows travelers to make informed decisions by providing them access to a deep supply of accommodation information and options from hundreds of websites. trivago enables its advertisers to grow their businesses by providing access to a broad audience of travelers via its websites and apps. As of March 31, 2020, trivago has established 54 localized platforms connected to over 4.5 million hotels and alternative accommodations, in over 190 countries Media Contact: Stephanie Lowenthal stephanie.lowenthal@trivago.comForward looking statements This press release contains certain forward-looking statements. Words, and variations of words such as "believe," "expect," "plan," "continue," "will," "should," and similar expressions are intended to identify our forward-looking statements. These forward-looking statements involve risks and uncertainties, many of which are beyond our control, and important factors that could cause actual events and results to differ materially from those in the forward-looking statements. For additional information factors that could affect our forward-looking statements, see our risk factors, as they may be amended from time to time, set forth in our public filings with the Securities and Exchange Commission. We disclaim and do not undertake any obligation to update or revise any forward-looking statement in this press release, except as required by applicable law or regulation.
