eDreams Odigeo

eDreams ODIGEO, the travel subscription company and e-commerce firm, has released its Q1 FY24 results, showing continued success driven by its subscription-based model. The company's travel subscription platform, Prime, experienced significant growth, with membership increasing by 47% in Q1 to reach 4.7 million members. The Company is on track to achieve its self-imposed targets for 2025, which include having over 7.25 million Prime members, an average revenue per user (ARPU) of €80, and cash EBITDA in excess of €180 million. The CEO, Dana Dunne, attributes the company's success to its strategic approach and tech capabilities, positioning it as a leader...

eDreams ODIGEO, a leading travel subscription platform, has announced that its Prime subscription service has reached a milestone of 5 million subscribers. Prime has achieved a compound annual growth rate (CAGR) of 220% over the past five fiscal years, making it the world's fastest-growing subscription platform. In the last year alone, it has added 1.7 million new members. eDreams Prime, often referred to as the "Netflix of travel," was launched in 2017 as the global pioneer of travel subscription platforms. It provides exclusive access to members-only deals, offers, and discounts on flights, accommodations, package holidays, and car rentals. Prime members...

European OTA eDreams ODIGEO has announced that its Prime subscription service has reached over 5 million subscribers, with 1.7 million members added in the past year. This growth solidifies Prime's position as the world's largest travel subscription platform. The service has shown the highest compound annual growth rate of all prominent subscription platforms over the past five fiscal years, reaching 220%. Prime is currently available in 10 out of the 44 countries where eDreams ODIGEO operates, indicating potential for expansion. The company's analysis shows that the subscription economy is flourishing, with over 1.5 billion subscribers on prominent platforms compared to...

eDreams ODIGEO, the world's leading travel subscription platform, has announced that its Prime subscription service has reached a milestone of 5 million subscribers, adding 1.7 million new members in the past year alone. This achievement solidifies Prime's position as the largest travel subscription platform in the world and one of the leading membership programs across industries. The growth rates of eDreams Prime have been unmatched, with a compound annual growth rate (CAGR) of 220% over the past five fiscal years, making it the fastest-growing subscription platform globally. Currently available in 10 of the 44 countries where eDreams ODIGEO operates, Prime...

eDreams Odigeo, an online travel agency, has reported strong performance in the first quarter of its fiscal year 2024. The company has shifted from a transactional to a subscription-based model since 2017. In the first quarter, eDreams Odigeo saw an 8% increase in revenue, reaching €157.5 million. The net profit was €4.1 million, a significant improvement compared to the €13.9 million loss in the previous year. The adjusted net profit was €1.1 million, compared to €11.5 million in losses the year before. The number of subscribers has also increased by 47% to 4.7 million, with a total of 4.9 million...

eDreams ODIGEO, an online travel business, has set two main goals for its investor relations (IR) efforts by 2023. Firstly, the company aims to forge stronger relationships with investors directly, as it believes that as a small-cap company, it does not receive sufficient support from brokers. Secondly, eDreams ODIGEO wants to provide additional support on strategy, focusing on competitor analysis and understanding the drivers behind its share price. eDreams ODIGEO's director of IR, David de la Roz Fernandez, emphasized the importance of quality over quantity in IR, stating that IR teams should prioritize individuals who will effectively spread the company's...

eDreams ODIGEO, one of the world's largest online travel companies, is implementing proactive measures to protect consumers in the post-pandemic era. The company is going beyond industry norms by advancing refunds for customers booked on select trusted airlines, even before the carriers themselves release the funds. This allows customers to receive their refunds significantly faster than if they had booked elsewhere. Currently, eDreams ODIGEO is processing advanced refunds worth 15 million euros a year and intends to expand this initiative. The average waiting time for customers has been reduced to just four days, well below the seven-day timeframe that airlines...

Lindblad Expeditions Holdings, Inc. is a travel company that specializes in marine expedition adventures and travel experiences worldwide. The company operates through two segments: Lindblad and Land Experiences. The Lindblad segment offers ship-based expeditions aboard customized vessels, providing up-close experiences in remote and wild places around the world. The ships are equipped with state-of-the-art tools for exploration and visit destinations such as Antarctica, the Arctic, the Galápagos Islands, Alaska, Baja California's Sea of Cortez, Panama, and more. These expeditions aim to engage travelers with the environment and foster a sense of connection to nature. The Land Experiences segment offers various...

In a partnership to revolutionize the online travel industry, eDreams ODIGEO, one of the world's largest online travel companies, has joined forces with Google Cloud to utilize generative artificial intelligence (AI). The main goals of this collaboration are to enhance the customer experience by offering personalized travel recommendations and improve the efficiency of the booking process. Generative AI involves the use of algorithms to generate new content based on existing data. In the case of eDreams ODIGEO, generative AI will be employed to analyze customer data and provide tailored travel suggestions. By considering preferences, past bookings, and other relevant data,...