Managing Director & Chief Executive Officer, Trivago Nv
Search every verified Johannes Thomas interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. During Trivago's Q3 2024 earnings call on November 6, 2024, Johannes Thomas stated that the company experienced softer demand and viewership shifts in TV advertising due to major sports and political events in the quarter. He said Trivago responded by reducing spend, which led to a better adjusted EBITDA than expected but also contributed to a revenue decline. Thomas expressed confidence that the company is "on the verge of a sustainable turnaround" and expects to return to growth in Q4, calling this a potential "major milestone." Thomas also provided an outlook for 2025, stating that Trivago expects gross revenue growth "closer to the 10% than to the 0%," describing it as high single-digit growth. He attributed this to branded revenue growth and said the company is exploring adding new markets while optimizing investment across channels.
“We believe that after about one and a half year of challenges we are on the verge of a sustainable turnaround and are confident that we can return to growth in Q4. This turning point could represent a major milestone in our journey to restore trivago's position in the market.”
“We expect that there will be growth in '25, gross revenue growth will be closer to the 10% than to the 0%, so high single digit growth. And the drivers are branded revenue growth, so we see that the things that we do they bear fruits.”
11/06/2024 Q&A: 15:23 trivago N.V., together with its subsidiaries, operates a hotel and accommodation search platform in the ...
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