XXXX seen fourth found so results in for of results Glenn first color quarter; in are you, thoughts GAAP on XXXX good far the reconciliation and earnings in and rates quarter we've review to comparable afternoon. period our can on the Thank XXXX our trends and the XXXX. growth otherwise Information All some indicated. our provide results relative the regarding release. unless I'll to be non-GAAP for
by call, November the a improvement by in third on the earnings October our further improvement Asia. fourth results that to Europe, discussed for we quarter our trends Now quarter. the in On driven throughout saw we by driven followed
the decline were in driven Delta resulted recall the nights this countries at regions than was In Europe towards will that by overall all with end QX. seen You variant versus of mainly in than by increases future saw room This in QX driven XX% a November, room XX% trends few worse have a below QX recent decline that the of variant in slowdown worse XXXX. worsen we time. reported in slowdown only Omicron December Europe October weakened which and across to XX% October our concerns. a infections in number nights declining in points XX% October trends but from XXXX the the XX% December continued
while XXXX, QX fourth quarter, XXXX, about down versus full down other QX of strong QX in Europe modestly. the rest was across slowdown and world the the Asia with QX primarily continued improved the U.S. Looking QX was in growth declined which quarter; driven have was by XX% versus considerably while the our to QX. in Compared still regions versus
saw as most bookings a our room of the However, year. fourth Europe regions meaningfully and through apps December, of nights our for quarter the full across U.S. we mentioned, all in our in slowdown X/X and primarily represented I Mobile in total the in
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our position. liquidity to on and Now, cash
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years. our we next remaining that three Assuming continues, expect travel the still organization within to complete recovery
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our horizon, we during line the represent driven the destination difficult do it makes which could the expect we All turn and top predict gross total out. by There If this including how our will the travel. to continued single-digit situation on volatility low year impact as are will However, full the markets, they percentage very at look other trends geopolitical uncertainties current progress combined in very top Russia COVID. of a bookings. how year and line Ukraine
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to reduction that do in impact EBITDA IT and expense by to and include a we'll not taxes, investments with a anticipated an on XXXX including enhanced spoke from personnel Also, other of much positive customer of we G&A update May. driven have from in and adjusted small number environment Getaroom our we the expense and services XXXX. comments both anticipate P&L will sale digital partner-facing expect strategic work that enhance our a on returning this the the and XXXX to about. of our to internal partnership Majorelle initiative you do Glenn grow impact personnel again acquisition in increases faster factors, systems. not to The hybrid and We and for expect made than We
year that Etraveli close As impact minor will later this acquisition a will result in to expect which we the in Glenn P&L noted, the XXXX.
So mean that revenue shape about recovery recovery. the when will recovery lag thinking and factors P&L the bookings in gross recovery EBITDA will lag the XXXX, revenue of these
recover EBITDA Some our ahead we acquisition is to in customer earlier. On of in expect top to product revenue. bookings spend the expanding plan and investments in on revenue make of marketing we lag mentioned we offerings versus of i.e. this, we timing, the
EBITDA than in Taken to we higher XXXX. few together, expect in we a XXXX margins be points were our
our With more and against ability confident In priorities. delivers travel take in industry-leading to I'll business focused for we'll investing continue with XXXX, as a we're products EBITDA to your more demand market and execute that, capture margins. larger turn to to you beyond strategic global build remain the closing, recovers pre-COVID and Chris, our And on questions. call Q&A. had the to over that more Looking than faster-growing share we EBITDA per with we dollars earnings
