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trivago N.V. - TRVG STOCK NEWS

Welcome to our dedicated page for trivago N.V. news (Ticker: TRVG), a resource for investors and traders seeking the latest updates and insights on trivago N.V. stock.

Trivago N.V. (NASDAQ: TRVG) stands as the world’s largest online hotel search platform, revolutionizing the way travelers find their ideal accommodations. With a database that covers over 700,000 hotels worldwide and more than 150 booking sites—including Expedia, Hotels.com, and Booking.com—Trivago serves as a powerful tool for over 45 million visitors each month. Users can compare prices, access more than 120 million reviews, and select from a variety of 150 filter criteria to refine their search results, making informed decisions about their stay.

Founded in 2005, Trivago has expanded its reach across 40 international platforms, firmly establishing a global presence. The company operates in three main segments: the Americas, Developed Europe, and the Rest of the World, with the majority of its revenue generated from the Developed Europe segment, which includes countries like Germany, France, and Italy.

Trivago’s mission is to reshape the travel experience by providing a personalized hotel search that includes a wealth of information and competitive pricing. The platform not only benefits travelers but also helps hotel advertisers expand their reach to a broad audience. Recent strategic initiatives include a renewed focus on brand marketing, underscored by the launch of successful summer campaigns and a one-time extraordinary dividend slated for later this year, pending shareholder approval.

Additionally, Trivago is committed to maintaining financial stability and growth, as evidenced by recent executive changes and strategic decisions to optimize capital structure. The company has announced several upcoming financial result releases and webcasts, which will be accessible through their investor relations website.

As Trivago continues to innovate and adapt to market trends, it remains a pivotal player in the online travel industry, dedicated to providing travelers with the best hotel search experience possible.

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trivago N.V. (NASDAQ: TRVG) has announced the schedule for its Second Quarter 2024 financial results release. The company will disclose its financial performance for the period ended June 30, 2024, on Tuesday, July 30, 2024, after the market closes. Following this, trivago's management will host a webcast on Wednesday, July 31, 2024, at 2:15 PM CEST / 8:15 AM EDT.

Investors and interested parties can access these materials in the Investor Relations section of trivago's website at https://ir.trivago.com/. The company has also stated that a replay of the call is expected to be available for at least three months, providing an extended opportunity for stakeholders to review the information presented.

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trivago N.V. (NASDAQ: TRVG) has announced that its annual general meeting of shareholders will take place on June 28, 2024. The event, scheduled to start at 3:00 p.m. CEST, will be held at the offices of NautaDutilh in Amsterdam, Netherlands. Shareholders can access the convening notice and explanatory notes for the meeting on trivago's Investor Relations website.

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trivago N.V. is set to announce its first quarter 2024 financial results on April 30, 2024, followed by a webcast on May 1, 2024. The webcast will be available on the company's Investor Relations website, with a replay expected to be accessible for three months.
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trivago N.V. (TRVG) appoints Robin Harries as the new Chief Financial Officer to lead a refined strategic focus for value creation. Harries, with extensive experience in Finance, Business Development, and Marketing, returns to trivago after pivotal roles in the company's history.
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trivago N.V. (NASDAQ: TRVG) will release its Q4 2023 financial results on February 6, 2024, followed by a webcast on February 7, 2024. The webcast will be available on the company's Investor Relations website. A replay of the call will be accessible for at least three months.
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trivago (TRVG) announces a brand evolution with a new logo and visual identity, along with an AI-driven television advertising campaign. The brand refresh aims to help users 'Search Savvy. Feel Super.' by providing a smart, efficient way to compare hotel offers, saving time and money.
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trivago N.V. (NASDAQ: TRVG) has announced a one-time extraordinary cash dividend of EUR 0.529228 per share. The ex-dividend date is November 14, 2023, and the payment of the distribution on the Company's American Depositary Shares (ADSs) is expected to be made on November 13, 2023. The ADSs will trade with 'due bills' representing the right to receive the dividend until the Ex-Dividend Date. ADS holders who sell their ADSs during the Dividend Right Period will not be entitled to receive the dividend. The Company's management board also approved a change in the ratio of ADSs to the Company's class A shares from 1:1 to 1:5, with the effective date expected to be November 17, 2023.
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trivago N.V. has approved a change in the ratio of its American Depositary Share program, with one ADS now representing five shares. The Effective Date is expected to be November 7, 2023. The company will also issue a one-time extraordinary dividend totaling EUR 184,380,959, subject to shareholder approval.
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trivago N.V. to release Q3 2023 financial results on November 1, 2023
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trivago CFO Matthias Tillmann to step down, Robin Harries appointed as successor
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FAQ

What is Trivago's core business?

Trivago is an online hotel search platform where travelers can compare prices and find their ideal hotel from a database of over 700,000 hotels worldwide.

How does Trivago generate revenue?

Trivago generates revenue primarily through its Developed Europe segment by providing hotel advertisers with access to a broad audience of travelers via its websites and apps.

What recent strategic initiatives has Trivago undertaken?

Trivago has focused on brand marketing, successfully launched summer campaigns, and announced a one-time extraordinary dividend pending shareholder approval.

Who are Trivago's main competitors?

Trivago's main competitors include other online travel agencies and hotel search platforms like Expedia, Hotels.com, and Booking.com.

How many users visit Trivago each month?

Over 45 million visitors use Trivago every month as an independent source of information to find their ideal hotel.

What is the significance of the Developed Europe segment for Trivago?

The Developed Europe segment is significant for Trivago as it generates the majority of the company's revenue, including markets like Germany, France, and Italy.

How does Trivago help travelers make informed decisions?

Trivago provides users with a deep supply of hotel information, prices, and over 120 million reviews, enabling travelers to make personalized and informed decisions.

What is Trivago's mission?

Trivago's mission is to reshape the way travelers search for and compare hotels, offering a personalized search experience and access to comprehensive hotel information.

When are Trivago’s upcoming financial result releases?

Trivago has announced several upcoming financial result releases, including the periods ending June 30, September 30, December 31, 2023, and March 31, 2024.

What changes have recently occurred in Trivago’s executive team?

Matthias Tillmann will step down as CFO at the end of the year, with Robin Harries set to join as the new CFO by April 1, 2024.

trivago N.V.

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