Amadeus saw global distribution system (GDS) bookings rise 9% year over year in Q4 2024, reaching 111.4 million, contributing to what CEO Luis Maroto described as “remarkable” revenue growth for the quarter.
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AmadeusAmadeus Reports Strong Q4 Growth with Increased Bookings and Revenue
Amadeus saw global distribution system (GDS) bookings rise 9% year over year in Q4 2024, reaching 111.4 million, contributing to what CEO Luis Maroto described as “remarkable” revenue growth for the quarter.
Revenue and Booking Growth Trends
- Revenue per booking increased 9% year over year, driving air distribution revenue up 14% to €715.3 million.
- Adjusting for a cancellation spike in Q4 2023, year-over-year booking growth stood at approximately 7%, according to Amadeus Travel President Decius Valmorbida.
New Distribution Capability (NDC) Expansion
- NDC bookings remain in the “teens” percentage-wise, with 31 out of 70 airline agreements currently implemented. Full adoption is expected to take a few more years.
- Widespread access: Most travel agencies now have the ability to book and service NDC content, with growing adoption across all regions and various travel sectors, including corporate travel.
Full-Year 2024 Performance
- Total bookings increased 4.7% year over year, reaching 471.2 million.
- Air distribution revenue grew 10.9% year over year, totaling €2.9 billion.
- Total Q4 revenue rose 13.8% to €1.5 billion.
- Air IT solutions revenue surged 14.9% to €568.8 million.
- Hospitality and other solutions revenue climbed 10.8% to €257.3 million.
Profit Growth
- Q4 2024 profit reached €266.5 million, up from €210.1 million in Q4 2023.
- Full-year profit increased 20% year over year, totaling €1.26 billion, compared to €1.05 billion in 2023.
With steady expansion in bookings, revenue, and NDC adoption, Amadeus continues to strengthen its position in the travel technology sector, aiming for further growth in 2025 and beyond.
Source: Amadeus
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