The company said sales would increase 40% year after year, down from 50% earlier forecast.
Trivago said it was unable to adjust its own costs in line with lower sales, which resulted in profits.
The stock price of the company fell more than 21% in the morning trading.
hotels close to my location
Trivago, headquartered in Germany, makes money by paying hotels and other travel companies for advertising linked to bookings by Trivago users.
Pimco's Amey Says BOE 'Nowhere Near Hiking Rates'
Michael Amey, managing director and portfolio manager at Pimco, discusses monetary policy coming from the Bank of England and outlook for U.K. markets. He speaks with Guy Johnson on Bloomberg Television's “On The Move.” (Source: Bloomberg) …
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The market for digital coins broke Sunday night for $ 300 billion on Sunday evening when two of the largest cryptocurrencies approached significant milestones.
According to CoinMarketCap data, the market capitalization of the crypto market amounted to 303 billion dollars on Monday at 12:30. Also on Sunday, the two largest digital currencies flirted with their own big milestones.
Bitcoin, the largest cryptocurrency – with a market capitalization of more than $ 150 billion – tried to win a coin for $ 10,000 on Sunday. It reached a record high of $ 9,694 on Sunday night, according to data from Markets Insider.
Ethereum reached a record high of $ 485 on Sunday night, shy of the highly anticipated figure of $ 500.
For Bitcoin spinouts, Bitcoin cash was trading just under $ 1,650 at 12:30 ET. And bitcoin gold, according to CoinMarketCap, traded more than 2.5% in the neighborhood of $ 380 per currency.
Hiking in Maine: Preparations are first steps for Appalachian Trail
Do you dream of thru-hiking the Appalachian Trail, of slipping out of civilization for a while, paring down to only the simple essentials that can be carried in a backpack, and taking on a challenge that is bigger than yourself? Perhaps 2016 is the year.
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Hikers take on winter trek at Beech Fork
More than a dozen members of the Huntington Area Hiking Club, joined by several Lavalette area residents who live near Beech Fork Lake, didn't let temperatures in the 30s bother them Saturday afternoon as they went on a 5.5-mile hike that started at …
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