Financial Data and Key Metrics Changes - The company reported a 15% growth in adjusted EBITDA, with a margin expansion of 260 basis points and a 9% increase in free cash flow [4][6][21] - Total transaction volume increased by 4%, while total transaction value (TTV) grew by 5% to reach €8.3 billion [9][10] - Revenue rose by 4% to €621 million, driven by solid transaction growth and increased demand for products and services [9][21] Business Line Data and Key Metrics Changes - Transaction growth was stronger with global multinational customers, up 6%, while small and medium enterprises (SME) saw slower growth at 2% [11][12] - Hotel transactions grew by 5%, outpacing air transactions which grew by 2% [13] - The company maintained a high customer retention rate of 96% over the last twelve months [15] Market Data and Key Metrics Changes - Transaction growth was 3% in The Americas, 4% in EMEA, and 7% in Asia Pacific [14] - The U.S. air TTV growth was 3%, consistent with major U.S. airlines' commentary on corporate spend growth [12] - The meetings and events business saw a 2% year-over-year increase in the number of meetings and an 8% increase in spend for full year 2025 [33][60] Company Strategy and Development Direction - The company is focused on maintaining strong earnings growth, margin expansion, and cash generation despite economic uncertainty [5][6] - Continued investment in technology transformation, including automation and AI, is aimed at improving customer experience and productivity [16][30] - The capital allocation strategy includes a $300 million share buyback authorization and a focus on M&A opportunities [43][44] Management's Comments on Operating Environment and Future Outlook - Management noted more economic uncertainty and less visibility for the full year but expressed confidence in the company's long-term growth prospects [6][25] - The company expects business travel demand from its premium customer base to grow above GDP, with a focus on share gains and operating efficiency [25][39] - Adjusted EBITDA is expected to grow faster than revenue, with a full-year midpoint adjusted EBITDA guidance of $510 million, representing a 7% growth [40][41] Other Important Information - The company received two credit rating upgrades during the quarter, reflecting strong momentum [24] - Adjusted operating expenses declined by 1% year-over-year, demonstrating effective cost control [19][23] - The merger agreement with CWT was amended to reduce the purchase price and the number of shares issued [19][43] Q&A Session Summary Question: Have you witnessed any trade down in accommodations by your underlying clients? - Management indicated that premium and international volumes held up better than domestic, with a slight increase in average ticket prices and hotel rates [47][48] Question: Can you comment on SME wins and transaction values? - Management noted that while SME wins rose, organic growth in the SME segment has been lower due to tightened spending controls [50][51] Question: What is the next milestone for the CWT merger process? - The fact discovery process will be complete in early June, with a trial set for September 8, aiming for closure by the end of 2025 [52] Question: How has the macro environment evolved intra-quarter? - Management observed a stable trend in transaction growth, with most customers in a wait-and-see mode regarding travel policies and budgets [58][60] Question: What steps can be taken to increase the value proposition to clients? - Management emphasized that the company helps customers save money and provides comprehensive content access, which strengthens its value proposition in a weaker economic environment [64]

Sabre's multi-source content platform now features Air France and KLM's NDC offers, giving travel agencies access to exclusive fares, continuous pricing, and richer travel optionsSOUTHLAKE, Texas, May 6, 2025 /PRNewswire/ -- Sabre Corporation (NASDAQ: SABR), a leading global travel technology company, today activated Air France's and KLM's New Distribution Capability (NDC) content in its travel marketplace. Sabre-connected agencies can now access extra options, exclusive promotions, and better fares thanks ...

Amex GBT Q1 2025 Earnings Presentation May 6, 2025 GBT Travel Services UK Limited (GBT UK) and its authorized sublicensees (including Ovation Travel Group and Egencia) use certain trademarks and service marks of American Express Company or its subsidiaries (American Express) in the "American Express Global Business Travel" and "American Express GBT Meetings & Events" brands and in connection with its business for permitted uses only under a limited license from American Express (Licensed Marks). The License ...

五一出行数据【华福商社】 要点 ⭕1、旅游数据 全国数据 根据已有的前三日交运数据，我们预计全国五一假期出行人次的增速预计在 5%至 10%左 右，符合预期。 图：2019-2025 年节假日恢复度 数据来源：文旅部 目的地数据 【省市县】 假期第一天 江苏全省纳入监测的 644 家 A 级旅游景区、195 个省级以上乡村旅游重点村和 84 家 博物馆共接待游客 565.74 万人次，游客消费总额达 20.95 亿元，同比 2024 年分别增长 17.8%和 17.2%。 安徽省 5A 级旅游景区共接待游客 36.3 万人次，门票收入 1921.9 万元，同比 2024 年 分别增长 18.5%和 15.2%。 湖南省当日客流 996.24 万人次，同比增长 31.40%。 济南市重点监测的 30 家景区共接待游客 53.8 万人次，同比增长 1.3%，营业收入 2124.5 万元，同比增长 2.1%。 假期第二天 湖南省客流 1439.86 万人次，同比增长 33.88%，其中省外游客 242.25 万人次，占比 为 16.82%。 "五一"假期前两日，全市累计接待国内游客 807.33 万人次，同比增长 ...

"与此同时，游玩体验的多样性和趣味性越发重要，海岛度假、雨林徒步、沙漠骆驼骑行、星空露营、 茶山采风等玩法备受消费者青睐，避开人流、躺平式度假、深度体验在地文化等需求集中释放。"飞猪 旅行相关负责人表示。 "近年来，高速公路、高铁及机场网络不断拓展，为低线城市游客的出行提供了极大的便利，三四线城 市游客旅游渗透率不断提高，并逐渐成为旅游市场的新兴力量。"途牛旅游网相关负责人表示，今年"五 一"假期，六盘水、葫芦岛、漳州、遵义等客源地出游人次同比增长均超过了70%。此外，大同、营 口、揭阳、宿迁、南平、阜阳等地用户的出游热情也保持了较高的增长趋势。 新华财经北京5月6日电（记者丁雅雯、李唐宁）旅游平台的数据显示，今年"五一"假期，"反向旅游"再 度走热，县城高星酒店预定火爆。 （文章来源：新华财经） "五一"假期，不少人将目光投向了性价比更高的县域地区。美团旅行显示，今年"五一"假期，县城高星 酒店预订量同比增长超80%。相比拥堵的热门城市，"诗画江南"浙江桐庐县、"长诗圣地"安徽怀宁 县、"皖北江南"安徽凤台县、"上梅古镇、蚩尤故里"湖南新化县均成为人们寻找"松弛感"的热门之选。 "'味蕾游'的走红也让众多小 ...

Analysts on Wall Street project that Expedia (EXPE) will announce quarterly earnings of $0.42 per share in its forthcoming report, representing an increase of 100% year over year. Revenues are projected to reach $3.03 billion, increasing 4.8% from the same quarter last year.The consensus EPS estimate for the quarter has been revised 4.9% lower over the last 30 days to the current level. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timefr ...

Core Insights - The "May Day" holiday tourism market is vibrant, with significant growth in travel consumption from lower-tier cities and a surge in both domestic and outbound travel [1][3][4] Domestic Travel Trends - Domestic travel heat has surged, with packaged travel product bookings for self-driving trips increasing by nearly 40% year-on-year, and overall travel participation rising significantly [1][5] - The peak travel days during the holiday were concentrated on May 1st and 2nd, accounting for 27% and 21% of total travel respectively [3] - Popular destinations for late holiday travel include Beijing, Shanghai, Guangzhou, and Sanya, with some cities seeing over 70% year-on-year growth in travel participation [3] Popularity of "Internet Celebrity Cities" - "Internet celebrity cities" have become new hotspots for tourism, with destinations like Beijing, Shanghai, and Sanya seeing explosive growth in visitor numbers, some exceeding 200% year-on-year [4] - Group travel products are particularly popular, with a 56% share of packaged travel bookings, highlighting the demand for organized tours [4] Transportation and Accommodation Growth - There has been a notable increase in transportation and accommodation bookings, with flight bookings up by 25%, hotel bookings up by 15%, and train ticket bookings up by 10% year-on-year [7] - High-speed rail travel remains a favored choice, with major cities like Beijing and Shanghai being top destinations for high-speed rail users [7] Outbound Travel Insights - Outbound short trips dominate the market, with Hong Kong and Macau leading in popularity, while destinations like Japan and Thailand are also favored [8] - Group tours and free travel options are preferred for outbound trips, with specific tour packages seeing high booking rates [8]

出境长线游方面，阿联酋、土耳其、澳大利亚、新西兰、俄罗斯、亚美尼亚、格鲁吉亚、阿塞拜疆、埃 及、摩洛哥等目的地出游热度排名靠前。《盘点》预测，随着暑期学生及亲子客群出游需求的进一步释 放，出境长线游市场有望迎来新的高峰。 （文章来源：新华财经） 《盘点》显示，"五一"假期，在新媒体平台驱动下，"网红城市"效应持续发酵，成为旅游消费新热点。 北京、上海、三亚、广州、南京、成都、杭州、西安、重庆、武汉等城市的游客"打卡"热度位居前列。 乐山、张家界、大同等目的地出游人次同比增幅均超过200%；景德镇、威海、乌鲁木齐等目的地出游 人次同比增幅均超过100%；贵阳、日照、揭阳、太原等目的地的出游人次同比增幅也都在80%以上。 途牛数据显示，今年"五一"出境游市场热度同样高涨。其中，出境短线游主导"五一"假期出境游市场， 中国香港、中国澳门出游热度继续保持领先。此外，日本、泰国、马尔代夫、印度尼西亚、马来西亚、 新加坡、韩国、斯里兰卡、越南、柬埔寨等目的地也是途牛用户的热门之选。 5日，途牛发布《2025'五一'出游消费盘点》，今年"五一"境内游热度飙升，自驾游出游人次同比增长 近40%，交通住宿等单项旅游产品预订同比 ...

Group 1 - The core viewpoint of the article highlights a significant increase in tourism and consumption during the "May Day" holiday, with a 30% year-on-year growth in cultural and tourism orders compared to 2023, marking the highest level in three years [1] - The top ten popular destinations in China during the holiday included cities like Nanjing, Xi'an, Chengdu, and Beijing, with a remarkable 189% increase in online dining transactions contributed by non-local tourists [1] - The "post-95" generation accounted for 45% of cultural and tourism orders, indicating a strong demand for personalized and in-depth travel experiences [3] Group 2 - In Hunan province, the service consumption scale for food, drink, and entertainment grew by over 30% year-on-year, with a nearly 80% increase compared to the week before the holiday [5] - County tourism has emerged as a new choice for the "post-00" generation, with Newhua County ranking among the top ten county destinations nationwide, and several counties in Hunan experiencing rapid growth in cultural tourism [5] - The night economy significantly boosted Hunan's tourism during the holiday, with a nearly 130% increase in night economy consumption [7]

"请4休11"趋势下，长线游热度高，带火多个北方环线目的地，美团旅行数据显示，"五一"期间，阿勒 泰地区、恩施州、绥化、大兴安岭地区、辽源等地的文旅交易额同比增幅均在113%以上。 责任编辑：江钰涵 新浪科技讯 5月5日下午消息，美团旅行发布2025"五一"假期吃喝玩乐消费洞察。据美团旅行数据，在 味蕾游、演出游、赶海游、奔县游等多样玩法推动下，人们出游热情高涨，今年"五一"假期，文旅热度 创近三年新高，文旅订单较2023年同期增长30%，TOP10热门目的地为南京、西安、成都、 北京、重 庆、长沙、洛阳、武汉、上海、广州，其中，由异地游客贡献的餐饮堂食线上交易额较2023年激增 189%。 线上平台发券补贴助力消费热潮。假期期间，美团"美妙五一"活动推出地方菜、自助、火锅等多个品类 限定福利，多种红包神券引发网友疯抢，带动线上消费一片红火。截至5月5日，美团平台上，由异地游 客贡献的地方特色菜餐饮堂食订单量同比增长超105%，成为最热品类。 今年以来，县域经济兴起，不少人将目光投向了性价比更高的县域地区。相比拥堵的热门城市，"诗画 江南"浙江桐庐县、"长诗圣地"安徽怀宁县、"皖北江南"安徽凤台县、"上梅古镇 ...