Spring Update: Data Shows Travel Is Up As COVID-Cases Go Down
April 12 2022 - 9:00AM
Travelers are Craving City Getaways and Longer Stays this
April
DÜSSELDORF, GERMANY – April 12, 2022 – As the
world sees a decrease in COVID cases, travel interest and eagerness
to getaway is increasing substantially. According to new data
released by trivago N.V. (NASDAQ: TRVG), a leading global
accommodation search platform, this spring season global travelers
are seeking fun-filled and city-centric getaways and are willing to
pay.
Longer Stays Are Here, AgainVeering away from
shorter stays seen at the beginning of the year, likely due to
pandemic uncertainties, spring data shows travelers are now seeking
holidays lasting more than a few days. The US shows the highest
increase, with a 34% jump in length of stay. Travelers are looking
to stay and enjoy five to six days, versus heading back to their
everyday lives after a quick weekend away. France shows the second
highest relative increase.
With these data trends, there is a clearer desire for travelers
to spend time abroad, particularly over Easter and Spring Break.
Cities like Paris and London appeared in the top 10 lists for all
locales studied, as well as Barcelona and Amsterdam for those
outside of the US.
Eyes on EntertainmentTravelers' are yearning
for adventure, greater experiences, and a whole lot of magic. Las
Vegas is currently the top destination in the US, leading in search
data month over month in 2022 and much of 2021. Anaheim,
California, home of the Disneyland Resort, rose 7 positions, now
ranking as #8 on the US top travel destination list. Magny le
Hongre, near Disneyland Paris theme park, gained 12 positions in
desired travel destination in 2022 compared to 2019 in France.
Prices are PeakingOut of all locales, the US
shows the highest relative increase in average price per night. In
the US, the average price per night went from around $120 in 2019
to $200 in 2022. UK shows the second highest relative increase for
price per night.
# # #
About trivagotrivago is a leading global hotel
search platform focused on reshaping the way travelers search for
and compare hotels and alternative accommodations. Incorporated in
2005 in Düsseldorf, Germany, the platform allows travelers to make
informed decisions by personalizing their hotel search and
providing them access to a deep supply of hotel information and
prices. trivago enables its advertisers to grow their businesses by
providing access to a broad audience of travelers via its websites
and apps.
Forward-looking statements This press release
contains certain forward-looking statements. Words, and variations
of words such as “believe,” “expect,” “plan,” “continue,” “will,”
“should,” and similar expressions are intended to identify our
forward-looking statements. These forward-looking statements
involve risks and uncertainties, many of which are beyond our
control, and important factors that could cause actual events and
results to differ materially from those in the forward-looking
statements. For additional information factors that could affect
our forward-looking statements, see our risk factors, as they may
be amended from time to time, set forth in our public filings with
the Securities and Exchange Commission. We disclaim and do not
undertake any obligation to update or revise any forward-looking
statement in this press release, except as required by applicable
law or regulation.
Contacts:
Press Contact: Shannon White, trivago@peppercomm.com
trivago NV (NASDAQ:TRVG)
Historical Stock Chart
From Mar 2024 to Apr 2024
trivago NV (NASDAQ:TRVG)
Historical Stock Chart
From Apr 2023 to Apr 2024