|Bid||2.6700 x 3100|
|Ask||2.7100 x 3100|
|Day's Range||2.5800 - 2.6700|
|52 Week Range||2.3200 - 6.4300|
|Beta (3Y Monthly)||0.76|
|PE Ratio (TTM)||N/A|
|Earnings Date||Feb 4, 2020 - Feb 10, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||3.44|
This may explain why only half of holiday travelers (49%) say they prefer staying with relatives or friends, with more than four in 10 (42%) saying they choose to stay in a local hotel, according to a new survey by trivago N.V. (TRVG), a leading global accommodation search platform. The consumer omnibus survey, conducted from Nov. 14-17, polled more than 1,000 Americans on their lodging preferences during the holidays. One-quarter of consumers says their “ideal hotel” for the holidays is a rental or alternative accommodation, and nearly one in five (19%) say they’d prefer to drive back to their own apartment/home than stay with relatives or pay for a hotel.
Trivago's incoming CEO Axel Hefer is wasting no time in putting his imprint on the company, outlining changes to relationships with advertisers. It was announced last month that chief financial officer Hefer would replace co-founder and CEO Rolf Schrömgens starting in 2020. At an investor conference Thursday, Hefer revealed a strategy for the lodging price-comparison […]
The nature of investing is that you win some, and you lose some. And there's no doubt that trivago N.V. (NASDAQ:TRVG...
DÜSSELDORF, GERMANY -- November 14, 2019 – Gigantic balloons, blackjack tables and a certain 91-year-old mouse are on the Thanksgiving menu for holiday travelers, according to new data from trivago N.V. (TRVG), a leading global accommodation search platform. After mining its millions of U.S. searches around the Thanksgiving holiday, trivago found that consumers are searching for longer hotel stays while looking for more bargains this year. The top three destinations include New York, home to one of the world’s most famous Thanksgiving Day parades; gambling and entertainment mecca Las Vegas; and Orlando, America’s theme park capital.
Trivago NV shares dropped as much as 24% to their lowest prices on record Tuesday, after the online-travel website announced continuing revenue declines and the departure of its founder as chief executive. Trivago shares, which sold for $11 apiece in a late-2016 initial public offering, traded for as little as $2.57 Tuesday after closing Monday at a then-record-low $3.39. Trivago announced=2019|NEW] before trading began Tuesday that CEO and founder Rolf Schrömgens would leave the top position at the end of the year and be replaced by Chief Financial Officer Axel Hefer. The company also reported quarterly earnings=2019|NEW], which showed revenue declining year-over-year for the sixth consecutive quarter. The stock has now lost half its value so far in 2019, falling 50% as the S&P 500 index has gained more than 22%.
In a surprise move, Trivago announced that co-founder and CEO Rolf Schrömgens will step down at the end of the year and be replaced by Chief Financial Officer Axel Hefer. Schrömgens will also give up his board of directors seat, and will join a supervisory board. In turn, the new CFO will be Matthias Tillman, […]
DÜSSELDORF, GERMANY -- November 5, 2019 – trivago N.V. (TRVG) announces that after nearly 15 years as Managing Director and Chief Executive Officer of the company he co-founded in 2005, effective December 31, 2019, Rolf Schrömgens will be leaving the CEO and Managing Director positions and joining trivago’s Supervisory Board. On that date, Axel Hefer will take over as CEO, and Matthias Tillmann, Senior Vice President and Head of Corporate Finance, will become the new CFO, succeeding Hefer. “It’s every founder’s goal to be able to create a company and team that you are confident in passing along to the next generation,” said Schrömgens.
Total revenue decreased to €250.3 million in the third quarter of 2019, compared to €253.7 million in the same period in 2018, representing a decline of 1% period-over-period. Referral Revenue declined by 9% and 16%, respectively, in Developed Europe and the Rest of the World. Consolidated Revenue per Qualified Referral improved significantly in the third quarter of 2019, reaching €1.53, up 16% compared to the same period in 2018.
Hedge funds are known to underperform the bull markets but that's not because they are terrible at stock picking. Hedge funds underperform because their net exposure in only 40-70% and they charge exorbitant fees. No one knows what the future holds and how market participants will react to the bountiful news that floods in each […]
DÜSSELDORF, GERMANY - October 14, 2019 - trivago N.V. (TRVG) announced today that it has provided a new schedule for releasing its financial results for the third quarter for the period ended September 30, 2019, and will release its financial results on Tuesday, November 5, 2019. On the same day, trivago N.V.'s management will conduct a webcast beginning at 2:00 PM CET / 8:00 AM EST.
The competition was designed to have teams focus on developing algorithms that can improve the quality of hotel recommendations on online platforms. The solution, developed by LogicAI, combined different models to better detect the intent of the users which can help influence factors that platforms like trivago can use to increase the relevance of their recommendations. Jens Adamczak, Data Scientist at trivago, on LogicAI's algorithm: "In the highly competitive market for online travel, fast and relevant recommendation systems are crucial.
DÜSSELDORF, GERMANY - October 4, 2019 - trivago N.V. (TRVG) announced today that it will release its financial results for the third quarter for the period ended September 30, 2019 on Tuesday, October 29, 2019. On the same day, trivago N.V.'s management will conduct a webcast beginning at 1:00 PM CET / 8:00 AM EDT.
Düsseldorf, Germany – August 28, 2019 - trivago N.V. (TRVG) will participate in the Citi Global Technology Conference in New York City on Wednesday, September 4, 2019. Incorporated in 2005 in Düsseldorf, Germany, the platform allows travelers to make informed decisions by personalizing their hotel search and providing them access to a deep supply of hotel information and prices.
Consolidated ROAS improved to 129.6% in the second quarter of 2019, compared to 110.1% in the same period in 2018. Consolidated Revenue per Qualified Referral ("RPQR") improved significantly, reaching €1.67 in the second quarter of 2019, up 28% compared to the same period in 2018. Total revenue decreased to €223.4 million in the second quarter of 2019, compared to €235.0 million in the same period in 2018, representing a decline of 5% period-over-period.
Düsseldorf, 24. Juli 2019 -- Die global tätige Hotelsuchplattform trivago hat heute die Ergebnisse für das zweite Quartal 2019 bekanntgegeben. Das Unternehmen bleibt weiterhin.
DÜSSELDORF, GERMANY - July 10, 2019 - trivago N.V. (TRVG) announced today that it will release its financial results for the second quarter for the period ended June 30, 2019 on Wednesday, July 24, 2019. On the same day, trivago N.V.'s management will conduct a webcast beginning at 2:00 PM CEST / 8:00 AM EDT.
DÜSSELDORF, GERMANY – July 09 2019 - trivago N.V. (TRVG) a leading global hotel search platform, announced that James Carter has joined the company as its Chief Product and Technology Officer. In this new role, Carter joins the trivago leadership team as the head of hotel search. Carter, with 14 years of experience in the travel tech industry, was most recently an Engineering Director at Google working on its Hotel Ads product. “We are excited to welcome someone of James’ caliber to the team,” said Rolf Schroemgens, Managing Director and CEO, trivago.
Travel bookings site, Trivago released earnings Tuesday. The company missed on revenue and announced that longtime CEO and Co-Founder Rolf Schrömgens is stepping down at the end of the year. Yahoo Finance’s Alexis Christoforous discusses with Trivago CEO Rolf Schrömgens on The First Trade.
Yahoo Finance's Brian Sozzi and Alexis Christoforous discuss the impact of hurricane Dorian on Trivago, trends in the business, and outlook for an upcoming recession with Axel Hefer, Trivago CFO.
Yahoo Finance's Julie Hyman speaks with Trivago CEO Rolf Schrömgens about the company's earnings and how they plan to expand consumer use in markets like the United States.