Amplify Travel Tech ETF (AWAY)

The aviation regulator on Thursday published a list of 40 airports where it has asked flight traffic to be reduced.

Duffy warns the government shutdown could cause flight chaos and airspace closures, putting airline and travel ETFs under fresh pressure.

Lyft plans to offer $450 million in convertible notes to institutional buyers, with an option for $50 million more. The proceeds will fund buybacks and potential deals.

Founded in 2014, Klook lets users book tours, activities, attractions, and local services worldwide and competes with platforms such as TripAdvisor and Airbnb.

Sonder Holdings Inc. (NASDAQ: SOND) announced a new financing plan to raise $24.54 million and strengthen liquidity for future growth. Shareholders and partnerships support the move. SOND shares surged 8.17% premarket.

Booking and Airbnb recently reported better-than-expected results for the last quarter.

At Wednesday’s closing price of $14.99 for Tripadvisor stock, Starboard’s stake is valued at about $160 million.

Engine Capital said it is ending its campaign to give Lyft time to deliver on its new commitments following recent board discussions.

The ride-hailing firm would utilize $500 million of this authorization within the next 12 months, with $200 million to be used in the next three months.

Lyft acquires FREENOW for €175 million, expanding into European market and broadening global footprint. Deal to close in 2025 pending approvals.

The activist investor reportedly wants a strategic review, improved capital allocations, and the elimination of Lyft’s dual-class share structure.

Travel industry faces turbulence as airlines, booking platforms, hotels, and cruise lines suffer due to weak demand. Three travel-focused ETFs are feeling the pressure, with stocks slipping.

Brand Tripadvisor accounted for roughly half of the total revenue but witnessed a 6% revenue drop.

Lyft forecast first-quarter gross bookings, which show the total transactions on the platform, between $4.05 billion and $4.20 billion. Analysts were expecting gross bookings of $4.26 billion.

Its revenues stood at $267.4 million, jumping 24.8% year-over-year, beating consensus estimates

In mid-December, TripAdvisor and its parent Liberty TripAdvisor struck a merger arrangement, allowing the former to acquire the latter for about $435 million.

Two travel-focused ETFs present diverse paths for investors to benefit from the hospitality sector's anticipated rebound in the coming year.

Despegar.com, Corp. (NYSE: DESP) shares surge premarket on Mon as it discloses deal to be acquired by Prosus for $19.50/share in all-cash transaction.

BofA Securities analyst Justin Post upgraded Expedia to Buy and raised the price target to $221. While Expedia faced sentiment challenges due to soft B2C nights growth and revenues compared to peers, the analyst notes trends can improve in 2025 due to easier comps and better positioning at VRBO and Hotels.com.

Lyft stock rises 2.43% after announcing strategic partnerships with Mobileye and Nexar to advance autonomous vehicle technology and services.

Lyft partners with Cash App to offer a seamless payment option for digital-first consumers.

Tripadvisor reported Q2 results with EPS of $0.39 beating estimates of $0.37, but revenues of $497 million missed expectations. Total Adjusted EBITDA rose 8% and Viator revenue grew 13%.

Lyft expected to miss on earnings due to consumer trends and market share concerns. Analysts predict $97M EBITDA and $4.05B bookings.