Discontinued — last reported Q3 '23
Corpay Lodging — Revenue increased by 3.5% to $141.40M in Q3 2023 compared to the prior quarter. Year-over-year, this metric grew by 12.2%, from $126.00M to $141.40M. This is a positive signal — higher values indicate stronger performance for this metric.
An increase indicates higher adoption of travel management solutions or increased corporate travel volume, while a decrease suggests reduced travel spend or competitive pressure.
Represents the total gross revenue generated specifically from the lodging and travel expense management segment. This m...
Comparable to travel management revenue or corporate card travel spend metrics at fintech and payment processing peers.
cpay_segment_lodging_revenues| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Value | $62.25M | $85.21M | $103.12M | $94.60M | $116.90M | $126.00M | $119.07M | $122.33M | $136.60M | $141.40M |
| QoQ Change | — | +36.9% | +21.0% | -8.3% | +23.6% | +7.8% | -5.5% | +2.7% | +11.7% | +3.5% |
| YoY Change | — | — | — | — | +87.8% | +47.9% | +15.5% | +29.3% | +16.9% | +12.2% |