trivago NV (NASDAQ:TRVG) Q1 2022 Earnings Conference Call May 4, 2022 8:15 AM ET
Company Participants
Axel Hefer - Chief Executive Officer & Managing Director
Matthias Tillmann - Chief Financial Officer & Managing Director
Conference Call Participants
Naved Khan - Truist
Dae Lee - JPMorgan
Operator
Good day, ladies and gentlemen and thank you for standing by and welcome to the trivago Q1 Earnings Call 2022. At this time, all participants are in listen-only mode. After the speakers presentation, there will be a question-and-answer session. [Operator Instructions] I must advise you that the call is being recorded today Wednesday the 4 of May 2022.
We are pleased to be joined on the call today by Axel Hefer, trivago's CEO and Managing Director; and Matthias Tillmann, trivago's CFO and Managing Director. The following discussion including responses to your questions reflects management's views as of today Wednesday May the 4, 2022 only.
Trivago does not undertake any obligation to update or revise this information. As always, some of the statements made on today's call are forward-looking, typically preceded by words such as we expect, we believe, we anticipate or similar statements. Please refer to the Q1 2022 operating and financial review and the company's other filings with the SEC for the information about factors which could cause trivago's actual results to differ materially from these forward-looking statements. You will find reconciliations of non-GAAP measures to the most comparable GAAP measures discussed today in trivago's operating and financial review, which is posted on the company's IR website at ir.trivago.com. You are encouraged to periodically visit trivago's Investor Relations site for important content. Finally, unless otherwise stated, all comparisons on this call will be against results for the comparable period of 2021.
With that, let me turn the call over to Axel.
Axel Hefer
Thank you, everyone for joining us for our Q1 2022 earnings call today. We're living in turbulent times and the escalation of the conflict in Ukraine and sufferings of millions of people in the past few months have shocked all of us. Our teams have supported refugees whenever possible and we are all hoping for the conflict to end soon.
As a business, we experienced a temporary drop in travel activity across many European countries at the end of February. But since then we have seen a continuation of the strong improvement in travel sentiment and activity. We continue to expect a very strong summer and believe that autumn and winter will see significantly higher travel activity than the last two years.