Trivago posts Q4 revenue dip
Despite current headwinds, Trivago's management remains optimistic about the future, expecting a turnaround in the latter half of the year
Trivago is navigating a challenging market environment, yet remains focused on its strategic priorities, including branded growth and enhancing the hotel search experience.
Key takeaways
- In the fourth quarter of 2023, Trivago experienced a revenue decline, primarily due to reduced monetization and challenges in performance marketing. However, growth in volume for the Rest of the World segment helped offset some of these losses;
- Despite a 13% year-over-year decrease in revenue, amounting to €91.7 million, the company remained profitable, with a net income of €2.5 million and adjusted EBITDA of €7.3 million;
- Trivago anticipates adjusted EBITDA to be at breakeven in 2024 due to ongoing brand investments.
Get the full story at Trivago