Business travel Daily · Saturday, 7 November 2026

On November 6, 2026, Airbnb announced its 2026 third-quarter results: revenue grew 19% year over year to $4.9 billion, the fastest growth rate in three years. The report said that in the same period Expedia Group revenue grew 12% and Booking Holdings revenue fell 1%, the latter including a $1 billion accounting impact related to a potential settlement with the FTC. Airbnb said the growth mainly came from strong demand in all regions and continued progress on its product roadmap, including search and merchandising, pricing and tools, and flexible payments. Follow-up reporting the same day added that gross booking value for the quarter grew 21% year over year to $27.7 billion, nights, experiences and services booked grew 16% year over year, net profit was $1.9 billion, and adjusted EBITDA grew 22% year over year to $2.5 billion; the company disclosed that its hotel business accounts for only a single-digit percentage of booked room nights, and it plans to gradually roll out a travel planning AI agent in the first half of 2027.

On November 6, 2026, MakeMyTrip announced the acquisition of a majority stake in Bengaluru-headquartered carpooling platform Quick Ride, thereby entering the carpooling and shared mobility sector. Details such as the transaction amount, shareholding percentage and completion time were not disclosed. Subsequent reports stated that what was acquired was the Quick Ride brand and its carpooling business, which had previously been placed into the newly established Co Ride Mobility Private Limited, while the original electric vehicle taxi business remained in iDisha Info Labs Private Limited. The acquisition complements MakeMyTrip's existing ground transportation business of bus booking through redBus and intercity car rental through Savaari; Quick Ride connects commuters with similar routes to share travel costs, and partners with enterprises, IT parks and business parks, with a customer base not limited to individual travelers. The transaction is currently at the announcement stage, and subsequent developments are yet to be disclosed.

On November 6, 2026, Amadeus reported results for the first nine months ended September 2026: group revenue of €5.0757 billion, up 3.7% year on year and up 5.2% at constant currency. By business: Air IT Solutions revenue rose 7.7% at constant currency and boarded passengers rose 1.3%; Air Distribution revenue rose 2.1% at constant currency and revenue per booking rose 5.0%; Hospitality & Other Solutions revenue rose 9.2% at constant currency. Free cash flow for the period was €1.0363 billion, up 8.5%. Third-quarter standalone figures disclosed the same day showed: group revenue up 6% year on year to €1.7 billion and adjusted EBIT up 7.5% to €535 million; Air IT Solutions revenue up 6.5% to €645 million, Hospitality & Other Solutions revenue up 11% to €289 million, and Air Distribution revenue up 5% to €807 million. Subsequent reporting said third-quarter airline bookings fell 0.8% year on year to 121.2 million, a decline markedly smaller than the 7.6% in the second quarter; CFO Carol Borg said gradually normalizing cancellation rates drove the improved booking performance. That reporting said Air Distribution revenue rose 4.9% year on year to €806.8 million, slightly differing from the earlier report of "up 5% to €807 million" in both growth rate and amount. Regionally, Middle East & Africa and Latin America each fell 3.4%, while Western Europe and Southeastern Europe returned to growth; the company currently has about 80 NDC contracts, of which about half are live.