Trivago Posts 15% Revenue Growth in Q1 2026, Raises Full-Year Guidance

Trivago has reported its fifth consecutive quarter of double-digit revenue growth, with total revenue rising 15% year-over-year in the first quarter of 2026, a streak that gives the hotel metasearch platform its longest sustained run of financial momentum since its 2016 Nasdaq listing.

The Düsseldorf-based company released Q1 2026 results on May 5, showing continued expansion across both Americas and Developed Europe, its two largest revenue regions. Referral Revenue growth in both markets came in at double-digit rates, the primary driver of the overall quarterly gain.

Profitability improved alongside revenue. trivago reduced its net loss and Adjusted EBITDA loss by €0.5 million and €2.0 million respectively compared to Q1 2025, reflecting higher revenues earned at an improved return on advertising spend. Global ROAS improved 2.9 percentage points year-over-year, which the company attributed to compounding effects from prior brand investment cycles.

The results prompted trivago to raise its full-year 2026 Adjusted EBITDA guidance to approximately €25 million, while maintaining its expectation of double-digit total revenue growth for the full year. The guidance increase follows a Q4 2025 quarter in which trivago posted 27% year-over-year revenue growth.

For operators, trivago's sustained recovery matters because the metasearch platform remains one of the primary channels through which hotels acquire cost-per-click traffic from price-conscious travelers. A financially healthier trivago is a platform with more capacity to invest in improving its user experience, which ultimately affects conversion rates for properties listed on it.

The Q1 results also arrive on a day trivago took a separate, more combative step on a different front. The company separately announced it has filed an antitrust damages claim against Google in Germany, alleging that Google's systematic self-preferencing of its own hotel search product has suppressed traffic to competing platforms including trivago for more than a decade.