Bookings in Amadeus’ global distribution system increased 4.2 percent year over year in the second quarter, with bookings in North America now surpassing pre-pandemic levels, the company reported.
The increase in bookings brought Amadeus to 78.3 percent of the booking levels of the second quarter of 2019, up from the first-quarter recovery rate of 74.9 percent. For the first half of the year, bookings were up 17.2 percent year over year—down 23.5 percent from 2019 levels—and revenue per booking was up 11.8 percent year over year, according to Amadeus.
Amadeus president and CEO Luis Maroto noted that North America “is performing particularly well as a region,” with bookings up 4 percent compared with 2019 levels in the first half of the year. North America accounted for 28.6 percent of Amadeus’ total bookings in those six months.
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 percent year over year, respectively.
Amadeus’ total revenue increased 16.8 percent year over year to €1.38 billion in the second quarter. Air distribution revenue was up 15.2 percent year over year, air IT solutions revenue was up 18.9 percent year over year and hospitality and other solutions revenue was up 17.3 percent year over year. Maroto said Amadeus’ hospitality platform would be a key area of focus in investment—research and development investment at Amadeus was up 20.2 percent year over year in the first half of the year—alongside other initiatives including New Distribution Capability-related solutions and its partnership with Microsoft.
Amadeus reported a profit of €278.3 million for the second quarter, up from €198.2 million in the second quarter of 2022.
