Flying home for the holidays will cost you more this year [CBS News]
trivago N.V. - American Depositary Shares (TRVG)
Last trivago n.v. - american depositary shares earnings: 2/13 04:01 pm
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Source: CBS News
Airline executives say that based on bookings, they expect huge demand for flights over Thanksgiving, Christmas and New Year's. Travel experts say the best deals for airfares and hotels are already gone. On social media, plenty of travelers think they are being gouged. It's an understandable sentiment when government data shows that airfares in October were up 43% from a year earlier, and U.S. airlines reported a combined profit of more than $2.4 billion in the third quarter. Part of the reason for high fares is that airlines are still operating fewer flights than in 2019 even though passenger numbers are nearly back to pre-pandemic levels. "Fewer flights and more people looking to head home or take vacation for the holidays means two things: Prices will be higher, and we will see flights sell out for both holidays," says Holly Berg, chief economist for travel-data provider Hopper. Prices for air travel and lodging usually rise heading into the holidays, and it happened earli
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TRVG
Earnings
- 11/1/23 - Miss
TRVG
Analyst Actions
- 2/5/24 - UBS
TRVG
Sec Filings
- 3/1/24 - Form 20-F
- 2/16/24 - Form SC
- 2/6/24 - Form 6-K
- TRVG's page on the SEC website