The activist investor reportedly wants a strategic review, improved capital allocations, and the elimination of Lyft’s dual-class share structure.
Brand Tripadvisor accounted for roughly half of the total revenue but witnessed a 6% revenue drop.
Airbnb ABNB shares jumped 14.5% on Feb. 14, 2024, after the company reported fourth-quarter earnings and revenue that beat analysts’ estimates.Its quarterly earnings of $0.73 per share came ahead...
The United States will be showered with love as 56% of its adults are planning to celebrate this Valentine’s Day. About 28% of the population will observe the occasion. Spending would be a total of $27.5...
Lyft forecast first-quarter gross bookings, which show the total transactions on the platform, between $4.05 billion and $4.20 billion. Analysts were expecting gross bookings of $4.26 billion.
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Airbnb has significantly underperformed the broader market over the past year and analysts remain cautious about the stock’s prospects.
Its revenues stood at $267.4 million, jumping 24.8% year-over-year, beating consensus estimates
In mid-December, TripAdvisor and its parent Liberty TripAdvisor struck a merger arrangement, allowing the former to acquire the latter for about $435 million.
Two travel-focused ETFs present diverse paths for investors to benefit from the hospitality sector's anticipated rebound in the coming year.
Year-to-date, Wall Street is in great shape, with the S&P 500 Index up about 24% in 2024. Now, as we enter the final stretch of the year, the Santa Rally is about to set in. The "Santa Claus Rally" refers...