Spain’s Amadeus Q2 Net Profit Soars as Tourism Recovery Accelerates

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MADRID (Reuters) – Spanish travel booking group Amadeus on Friday reported a second-quarter net profit of 237 million euros, compared with a net loss in the same period last year, as the travel industry’s recovery from COVID-19 accelerated.

“Travel agency booking performance improved due to industry recovery and market share growth, fuelling our growth in all of our regions, particularly North America,” Amadeus’s CEO Luis Maroto said in a statement.

(Reporting by Christina Thykjaer, editing by Inti Landauro)

Copyright 2022 Thomson Reuters.

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