Bookings in Amadeus’ global distribution system increased 4.2% year over year in the second quarter, with volume in North America surpassing pre-pandemic levels, the company reported.
Amadeus reported that overall bookings in the second quarter of 2023 were at 78.3% of the booking levels of the second quarter of 2019, up from the first quarter recovery rate of 74.9%. For the first half of the year, bookings were up 17.2% year over year, and revenue per booking was up 11.8% year over year.
Luis Maroto, CEO, said each of the company’s reported segments delivered strong operating performances during the first half of the year, supported by the continued strengthening of the travel industry through the second quarter. North America is performing particularly well as a region, he said, with passengers boarded and bookings expanding relative to 2019.
The Asia-Pacific and Western Europe regions were the fastest-growing for Amadeus in terms of bookings in the first half of the year, up 89.4% and 19.4% year over year, respectively.
Amadeus’ total revenue increased 16.8% year over year to $1.52 billion in the second quarter.
Maroto said Amadeus’ hospitality platform would be a key area of focus in investment. Research and development investment at Amadeus was up 20.2% year over year in the first half of the year — alongside other initiatives including New Distribution Capability-related solutions and a partnership with Microsoft.
Amadeus reported a profit of $306.6 million for the second quarter, up from $218.4 million in the second quarter of 2022.
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