Record levels for rental bookings but current revenues way down

New bookings in the United States for vacation rentals were at record levels in January, according to data from AirDNA. The analytics and trends service for short-term rentals found that pent-up demand for trips among travelers is fast becoming a reality, with January’s figure some 22% higher than last June when a similar eagerness to […]

Sabre revenues fall by 66% during COVID-hit 2020

Overall revenues for Sabre plummeted to $1.3 billion for 2020 – a drop of 66% amid a near-collapse of the travel industry during large swathes of the year. A net loss attributable to common stockholders, also of $1.3 billion, was filed in the company’s full-year earnings report today. The company says its metrics were negatively impacted […]