Associated tags: ODIGEO, EDreams, EDreams ODIGEO, Travel, Tourism, Opodo
Locations: USA, UNITED STATES, FRANCE, ITALY, PORTUGAL, UK, GERMANY, GEORGIA, NEW YORK, SWEDEN, LONDON, PARIS, ASIA, CHINA, UKRAINE, ENGLAND, UNITED KINGDOM, CALIFORNIA, NORTH AMERICA, AUSTRALIA, EDO, JAPAN, CENTRAL AMERICA, ASIA PACIFIC, MEXICO, HAWAII, FLORIDA, NEVADA, COLORADO, SPAIN, EUROPE, US, BELGIUM, EUROPEAN UNION, EU
Apps,
Applications,
Other Transport,
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Transport,
Electronic Commerce,
Other Travel,
Retail,
Artificial Intelligence,
Online Retail,
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Google Cloud,
EDreams,
Environment,
ODIGEO,
EDreams ODIGEO,
Architecture,
Growth,
AI This premier annual event, hosted by Google Cloud and dedicated to innovation, took place this year in Las Vegas, United States.
Key Points:
- This premier annual event, hosted by Google Cloud and dedicated to innovation, took place this year in Las Vegas, United States.
- Carlos Saona, Chief Architect at eDreams ODIGEO covered how a data mesh architecture marked a significant shift in how eDO handles data.
- Highlighting the role of AI in eDO's transformation, Saona shared how the data mesh architecture facilitates the deployment of AI and machine learning models across the organisation.
- We'll continue to refine our data architecture for real-time data processing and insights.”
Tourist Attractions,
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Other Travel,
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Artificial Intelligence,
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Millennials,
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AI,
EDreams,
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EDreams ODIGEO,
OnePoll,
Gen,
Baby boomers,
Sales Commissioned by the Company, new external market research with 10,000 global shoppers, reveals widespread endorsement and appreciation of Artificial Intelligence (AI) among today's online shoppers, particularly among younger generations.
Key Points:
- Commissioned by the Company, new external market research with 10,000 global shoppers, reveals widespread endorsement and appreciation of Artificial Intelligence (AI) among today's online shoppers, particularly among younger generations.
- The findings further validate eDreams ODIGEO's early commitment to an AI-first approach, showcasing its strategic foresight and alignment with the digital evolution of consumers.
- As well as being more inclined to use AI for travel, the research highlights how younger people exhibit greater awareness and appreciation of AI.
- The statistics in this press release are based on a survey of 10,000 global consumers carried out by research firm OnePoll.
Networks,
Internet,
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Transportation,
Technology,
State,
Local,
Travel,
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Communications,
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Public Policy,
Government,
Civil service commission,
General counsel,
ODIGEO,
Digital Markets Act,
Commission,
EDreams,
Competition,
European Commission,
EDreams ODIGEO,
European Commissioner,
DMA,
Human As a result, eDreams ODIGEO strongly calls on the European Commission to take decisive action against Google.
Key Points:
- As a result, eDreams ODIGEO strongly calls on the European Commission to take decisive action against Google.
- Guillaume Teissonnière, General Counsel at eDreams ODIGEO said: “Two weeks into the enforcement of the DMA, it is now evident that Google has chosen a path of non-compliance.
- This is not just disappointing; it is a direct challenge to the fairness and competitiveness of the European digital market.
- We call on the European Commission to take action against Google's blatant failure to comply with the DMA."
Retrieved on:
Wednesday, February 28, 2024
Other Consumer,
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Trucking,
Transport,
Finance,
Consumer,
Electronic Design Automation,
Professional Services,
Data Management,
Logistics,
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Consumer Electronics,
Technology,
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Transportation,
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Destinations,
Travel,
Share repurchase,
ODIGEO,
Growth,
Marginal profit,
EDreams ODIGEO,
EDreams Dana Dunne, CEO of eDreams ODIGEO commented: “We are excited to have achieved record revenues and a remarkable 54% growth in profitability.
Key Points:
- Dana Dunne, CEO of eDreams ODIGEO commented: “We are excited to have achieved record revenues and a remarkable 54% growth in profitability.
- We continue to pioneer the travel industry with our subscription model, which has topped 5.4 million members and is the largest contributor to our revenues and profits.
- With the majority of profits and revenues now coming from subscribers, it is clear that we have evolved beyond the confines of a traditional travel company.
- For the first time in the Company’s history, revenues surpassed the €500 million mark within 9 months, reaching €507.3 million, reflecting a 10% growth from €459.7 million last year.
Retrieved on:
Tuesday, February 6, 2024
Other Retail,
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Cruise,
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Transportation,
Lodging,
Destinations,
Travel,
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Retail,
Air,
Transport,
Logistics,
Supply Chain Management,
Growth,
OnePoll,
Male,
EDreams,
Baby boomers,
Research,
IATA,
Prevalence,
Safety,
Digital,
Statistics,
Ageing,
Work,
Health,
Gen,
Communication,
Female,
ICAO,
ODIGEO,
EDreams ODIGEO,
International Civil Aviation Organization,
CAA,
Millennials,
Tourism New market research commissioned by leading travel subscription company eDreams ODIGEO on the occasion of the 25th anniversary of its flagship brand eDreams reveals that the vast majority of consumers (84%) are prioritizing travel within their personal budgets in 2024.
Key Points:
- New market research commissioned by leading travel subscription company eDreams ODIGEO on the occasion of the 25th anniversary of its flagship brand eDreams reveals that the vast majority of consumers (84%) are prioritizing travel within their personal budgets in 2024.
- In the US, respondents provided similar answers with nearly 8 out of 10 highlighting the importance of travel within their household budget.
- The foundation of eDreams, Europe’s largest online travel agent, 25 years ago today marked the commencement of the universalization of online travel.
- eDreams was the first business to pioneer a subscription service in the travel sector through its Prime platform, which now has over 5.2 million members.
Retrieved on:
Wednesday, January 31, 2024
Artificial Intelligence,
Logistics,
Supply Chain Management,
Mobile,
Wireless,
Other Travel,
Transportation,
Lodging,
Vacation,
Destinations,
Cruise,
Travel,
Public Transport,
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Trucking,
Rail,
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Air,
Transport,
Other Technology,
Software,
Networks,
Internet,
Hardware,
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Technology,
Retail,
Policy,
Civil service commission,
EDreams,
General counsel,
Legislation,
AI,
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Digital Markets Act,
Artificial Intelligence Act,
OECD,
Real-time,
European Commission,
Council,
ODIGEO,
Financial Times,
EDreams ODIGEO,
Artificial intelligence,
European Parliament,
DMA,
Sales Recognised as a leading player in Artificial Intelligence, eDreams ODIGEO was invited to contribute insights on understanding opportunities and challenges, ensuring safe and compliant technological advancements, and establishing new standards in a rapidly evolving technological landscape.
Key Points:
- Recognised as a leading player in Artificial Intelligence, eDreams ODIGEO was invited to contribute insights on understanding opportunities and challenges, ensuring safe and compliant technological advancements, and establishing new standards in a rapidly evolving technological landscape.
- While acknowledging the EU's delivery in legislation crafting, Teissonnière highlighted the need for enhanced mechanisms and processes to ensure robust enforcement.
- eDreams ODIGEO’s decade-long strategic investments in AI have positioned the Company as a leader among AI-led companies globally, not just in the travel industry, but in the broader e-commerce sector.
- eDreams ODIGEO has integrated an AI-first approach, embedding the technology across the board in the business.
Retrieved on:
Tuesday, January 23, 2024
Other Travel,
Internet,
Destinations,
Travel,
Technology,
Electronic Commerce,
Online Retail,
Retail,
ODIGEO,
Civil service commission,
European Commission,
EDreams,
DMA,
Digital Markets Act,
EDreams ODIGEO,
Cryptocurrency However, the proposed solution by Google does not fulfil these objectives.
Key Points:
- However, the proposed solution by Google does not fulfil these objectives.
- eDreams ODIGEO awaits the European Commission’s decisive action in ensuring compliance with the DMA.
- “We appreciate the European Commission's dedicated efforts to foster fairer competition within the European digital landscape.
- “Beyond the immediate consumer benefits, a fairer digital environment will reinforce a thriving and innovative tech ecosystem in Europe.
Retrieved on:
Wednesday, November 29, 2023
Mobile,
Wireless,
Other Retail,
Online Retail,
Vacation,
Cruise,
Other Travel,
Technology,
Destinations,
Travel,
Retail,
Air,
Transport,
Other Technology,
EDreams ODIGEO,
Calendar,
Map,
Social media,
AI,
EDreams,
Opodo,
ODIGEO Dana Dunne, CEO of eDreams ODIGEO, comments: “Our research shows that travel continues to be a very important part of people’s lives.
Key Points:
- Dana Dunne, CEO of eDreams ODIGEO, comments: “Our research shows that travel continues to be a very important part of people’s lives.
- When we look at the global travel map for 2023, traditional hotspots like Paris, Barcelona and London remain firm favourites.
- Overall, the data shows that, across the world, there continues to be a deeply held wanderlust and passion for travel.”
The eDreams ODIGEO 2023 A Year in Travel Report is collated utilizing flight booking data from the company’s online travel agency brands (eDreams, Opodo, GO Voyages and Travellink).
- Traveling dates: 1st January to 31st December 2023 against the same dates in 2022 & 1st of January 2024 to 31st January 2024.
Retrieved on:
Friday, November 24, 2023
Professional Services,
Vacation,
Fintech,
Other Travel,
Consumer Electronics,
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Applications,
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IBM,
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Sales,
Amazon,
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Chegg,
AI Following the AI Safety Summit which convened world leaders to discuss AI regulation, the global spotlight remains firmly on AI with the conversation continuing at the FT’s first Future of AI Summit.
Key Points:
- Following the AI Safety Summit which convened world leaders to discuss AI regulation, the global spotlight remains firmly on AI with the conversation continuing at the FT’s first Future of AI Summit.
- As a pioneer of AI in online travel and e-commerce, eDreams ODIGEO was invited to share how the business is leveraging AI to revolutionize the travel experience.
- Carsten Bernhard joined a discussion, moderated by the FT’s Senior Business Writer Andrew Hill, alongside Volvo Group’s Analytics & Insights Leader, Jair Ribeiro to discuss how to infuse AI into the whole business.
- Bernhard outlined that the Company's forefront in AI is evident through its cutting-edge travel booking brands (eDreams, Opodo, GO Voyages, and Travellink).
Retrieved on:
Wednesday, November 15, 2023
Professional Services,
Vacation,
Other Travel,
Electronic Commerce,
Transportation,
Technology,
Lodging,
Destinations,
Travel,
Air,
Transport,
Finance,
EDreams ODIGEO,
Average revenue per user,
Omicron,
Capital market,
Growth,
Today,
EDreams,
Overalls,
ODIGEO,
Face The company delivered yet another excellent performance, marked by a substantial increase in profitability.
Key Points:
- The company delivered yet another excellent performance, marked by a substantial increase in profitability.
- Cash EBITDA saw a remarkable growth of 84% compared to the same period last year, primarily driven by the exceptional performance of the Company’s subscription platform, 'Prime.'
- This model has become the primary driver of profits and revenues for the Group, consistently delivering strong results with significantly enhanced margins and overall profitability.
- Our unique model has proven its resilience, clearly setting us apart from other travel brands and positioning us in the pole position for further growth.