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All ten companies increased their revenues in 2021 vs. 2020
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Only Airbnb had higher revenues in 2021 vs. 2019 (+25%). Its share of total revenues of these ten companies continues to grow, from 12% in 2019 to 17% in 2020 to 19% in 2021.
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Of the 10 companies, 82% of revenues in 2021 came from Booking, Expedia and Airbnb.
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Every single company grew marketing costs in 2021, but Airbnb did so by only 1%.
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At 82%, eDreams Odigeo had, just like in 2021, the highest marketing/revenues ratio, double the…