Skift Take
EDreams Odigeo claimed to have 30 percent more bookings than pre-Covid in December quarter, and to also be outpacing the global airline industry. The online travel agency increased its subscriber base, but still lost $19.5 million.
Spanish online travel group eDreams ODIGEO said on Friday the number of bookings via its platforms in February were 30% above pre-pandemic levels as its business recovers faster than the rest of the travel industry.
“eDreams ODIGEO is still surpassing the market and competitors, thanks to its position of leadership in the sector and its innovation capacity,” its CEO Dana Dunne said in a statement.
The company said bookings during the October-December period were 26% above pre-pandemic levels, which helped narrow its net loss during the period, the third quarter of its fiscal year, to 17.4 million euros ($19.50 million) from 24.4 million euros a year earlier.
The company said it was…