trivago: confirms full-year guidance.
(CercleFinance.com) - trivago confirmed its full-year guidance on Friday, exactly one week before reporting its second-quarter results.
The German hotel search platform said it continues to expect annual revenue growth to be around 50% in 2017, with adjusted EBITDA up slightly from 2016.
The Düsseldorf-based group points out that robust growth in referral revenue has been driven by both volume growth and positive revenue effects from the introduction of relevance assessment over the first two quarters.
trivago is due to report financial results on Friday August 4.
Its majority shareholder, U.S. online travel firm Expedia, reported its quarterly results this morning.
Copyright (c) 2017 CercleFinance.com. All rights reserved.
The German hotel search platform said it continues to expect annual revenue growth to be around 50% in 2017, with adjusted EBITDA up slightly from 2016.
The Düsseldorf-based group points out that robust growth in referral revenue has been driven by both volume growth and positive revenue effects from the introduction of relevance assessment over the first two quarters.
trivago is due to report financial results on Friday August 4.
Its majority shareholder, U.S. online travel firm Expedia, reported its quarterly results this morning.
Copyright (c) 2017 CercleFinance.com. All rights reserved.