Amadeus GDS bookings up
Bookings in Amadeus' GDS in the fourth quarter increased 6.9% year over year to 102.2 million, the company said in its earnings report
Despite a surge in cancellations due to conflicts in the Middle East and an increase in direct-connect airline distribution by a major North American client, whose identity remains undisclosed in Amadeus's financial report, bookings still saw growth.
Key takeaways
- Amadeus witnessed a 13.6% increase in bookings for the entire year, with air distribution revenue soaring by 23.6% to reach 2.66 billion euros. The average revenue per booking also saw a notable rise of 8.8% in 2023;
- The Asia-Pacific region, which grappled with prolonged effects of Covid-19 shutdowns in 2022, experienced the most significant year-over-year growth in bookings, surging by 63.7% and accounting for 18% of total bookings for the year;
- Western Europe, holding the highest share of Amadeus bookings in 2023 at 28%, exhibited the second-highest growth rate at 13.3%. Conversely, bookings in North America decreased marginally by 0.4%, constituting 27% of total bookings.
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