Trivago sees revenue slump 70% in 2020, bets on local travel to fuel recovery

Revenue for Trivago plummeted 70% from €838.6 million to €248.9 million for the full year 2020, as the coronavirus pandemic wreaked havoc across the travel industry. For the quarter ending December 31, 2020, total revenue was down 79% from €155.5 million to €32.3 million year-over-year. For the full year 2020, the company posted an adjusted EBITDA […]