Brand Revenue Growth in Developed Europe and Rest of the World
Trivago achieved solid brand revenue growth in Developed Europe and Rest of the World segments, indicating effective brand marketing investments.
Positive Start to Q4 and Expected Return to Growth
Trivago reported a positive start to Q4 with expected revenue growth compared to the prior year, projecting a sustainable turnaround.
Introduction of Jürgen Klopp as Brand Ambassador
Secured a partnership with Jürgen Klopp for an upcoming marketing campaign, leveraging AI to localize content across various languages.
Expanded AI-powered Hotel Highlights
Increased AI-powered hotel coverage from 120,000 to 250,000 models, enhancing user experience with more relevant information in 27 markets.
Strong Financial Position
Ended Q3 2024 with EUR 108 million in cash and a net working capital of EUR 140 million, maintaining a financially healthy status.
Adjusted EBITDA Exceeded Expectations
Achieved an adjusted EBITDA of EUR 13.6 million, exceeding expectations due to tactical marketing spend reductions in the Americas.