trivago Reinforces Brand Marketing to Drive Long-Term Growth
trivago N.V. - American Depositary Shares (TRVG)
Last trivago n.v. - american depositary shares earnings: 2/13 04:01 pm
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US:NASDAQ Investor Relations:
ir.trivago.com
Company Research
Source: GlobeNewswire
Düsseldorf, Germany – 05.09.2023. trivago, the leading global hotel search engine, is announcing a renewed focus on its brand marketing strategy. This strategic shift aims to fuel long-term growth and underscore the relevance of its offerings to travelers. Additionally, trivago anticipates distributing a one-time extraordinary dividend later this year, subject to shareholder approval. trivago’s renewed emphasis on brand marketing is prompted by the robust growth in the online travel sector and the positive impact of the company’s latest summer marketing campaigns. The company is intensifying its brand marketing investments, with an anticipated decrease in profitability for the current year. It no longer expects to exceed adjusted EBITDA* of €70 million in 2023. As part of a multi-year strategy to rejuvenate its brand presence, the company aims for a return to double-digit revenue growth in the medium term. trivago is confident that its meta-search model i
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- I dropped out of college to work at Trivago. Now I run the company. [Business Insider]Business Insider
- Trivago N.V. ADS (NASDAQ:TRVG) had its "sell (d-)" rating reaffirmed by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat
- Trivago N.V. ADS (NASDAQ:TRVG) had its "sell (d-)" rating reaffirmed by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat
- Trivago N.V. ADS (NASDAQ:TRVG) had its price target lowered by analysts at Citigroup Inc. from $3.80 to $3.35. They now have a "neutral" rating on the stock.MarketBeat
- Trivago N.V. ADS (NASDAQ:TRVG) had its price target lowered by analysts at Mizuho from $3.50 to $3.00. They now have a "neutral" rating on the stock.MarketBeat