Discontinued — last reported Q4 '22
Corpay Lodging — Revenues, net decreased by 5.5% to $119.10M in Q4 2022 compared to the prior quarter. Year-over-year, this metric grew by 15.5%, from $103.10M to $119.10M. This decline may warrant attention — for this metric, higher values are generally preferred.
An increase indicates higher adoption of travel payment solutions or growth in corporate travel activity, while a decrease may signal reduced travel spend or competitive pressure in the travel management sector.
This metric represents the net revenue generated from lodging-related payment solutions and services provided to corpora...
Comparable to travel management revenue or corporate card travel spend fees reported by financial technology and payment processing peers.
cpay_segment_lodging_revenues_net| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | |
|---|---|---|---|---|---|---|---|
| Value | $62.20M | $85.20M | $103.10M | $94.60M | $116.90M | $126.00M | $119.10M |
| QoQ Change | — | +37.0% | +21.0% | -8.2% | +23.6% | +7.8% | -5.5% |
| YoY Change | — | — | — | — | +87.9% | +47.9% | +15.5% |