Hopper has become one of the most downloaded travel apps in North America and a growing B2B provider through Hopper Technology Solutions (HTS).
By 2023, Hopper generated about $700 million in revenue and handled $5.9 billion in gross bookings, with a large portion tied to its fintech add-ons such as Price Freeze and Cancel for Any Reason.
The consumer app now claims 120 million+ installs/travelers, and the company is expanding enterprise partnerships with banks, airlines, and travel brands.
Key Hopper Stats
- Hopper has over 120 million downloads worldwide, marking it among the most-downloaded travel apps globally.
- As of 2023, Hopper serves about 35 million active users annually (users who accessed the app within the year).
- In 2023, Hopper generated approximately US$700 million in revenue — a significant increase compared to prior years.
- Gross bookings processed through Hopper in 2023 reached roughly US$5.9 billion, reflecting the platform’s large transactional volume.
- Between 2017 and 2024, Hopper’s gross bookings grew from about US$0.4 billion to ~US$7.5 billion — showing a steep growth trajectory over several years.
- In 2022, more than 60% of Hopper users took advantage of at least one of Hopper’s fintech-style add-ons (like price freeze, flexibility options, disruption protection) when booking flights or hotels.
- According to Hopper’s 2024 survey, 93% of users plan to travel in the next 6 months — indicating strong demand despite economic headwinds.
- Of those planning a trip in that period, 86% said they expect to spend the same or more on travel than in the previous year.
- Hopper claims that a large share of its user base — roughly 70% — belongs to younger demographics (Millennials and Gen Z), making it a major tool for younger travellers.
- The majority of Hopper’s downloads come from the United States, which remains its largest market by far.
How fast is Hopper growing, and where is the revenue coming from?
Independent market trackers show Hopper’s revenue climbing into the hundreds of millions by 2023, buoyed by its fintech “peace-of-mind” products layered on flight and hotel bookings. These add-ons—Price Freeze, Cancel/Change for Any Reason, and Disruption Assistance—have become central to the model and are also embedded in partner channels via HTS. Hopper’s own 2023 year-in-review highlights the scale of these features in consumer and partner sales.
Revenue and Bookings (latest solid reference points)
| Metric | Latest figure |
|---|---|
| Revenue (2023) | ≈ $700M |
| Gross bookings (2023) | $5.9B |
| Fintech usage indicators (2023) | $790M in Price Freeze trips; $400M in flexibility-protected trips |
Notes: 1) Some 2024 figures circulating online are estimates; use 2023 as the last broadly corroborated baseline. 2) Hopper itself emphasizes fintech as a major revenue driver across app and partner channels.
How big is Hopper’s audience and install base?
On its website and app store listings, Hopper states it has helped 100–120 million+ travelers and is a top-ranked travel app in dozens of countries. That scale is echoed by partners and case studies that cite 120 million+ downloads and vast pricing datasets (tens of billions of priced itineraries processed daily).
What exactly is HTS (Hopper Technology Solutions), and who uses it?
HTS is Hopper’s B2B arm that embeds the app’s pricing intelligence and fintech ancillaries into partners’ direct channels. The best-known example is Capital One Travel, launched in 2021 and still cited by analysts as a leader in bank-card travel portals. Newer collaborations include AirAsia MOVE, Cloudbeds for hospitality, and airline fintech rollouts such as seat-upgrade and disruption products.
Selected HTS partnerships and product highlights
| Partner | What launched | Why it matters |
|---|---|---|
| Capital One Travel | Predictive pricing, Price Freeze, rebooking protections | Differentiated issuer portal features since 2021. |
| AirAsia MOVE | HTS fintech ancillaries (CFAR/others) | Extends Hopper fintech to Asia. |
| Cloudbeds | CFAR for lodging merchants | Brings consumer-style flexibility to independent hotels. |
| HTS feature rollouts | Seat Upgrades; AI support assistant | New ancillary and service tools for partners. |
What awards or rankings back Hopper’s growth story?
Hopper ranked #12 on Travel Weekly’s 2024 Power List of the world’s largest travel sellers—an indication of growing transaction scale relative to incumbents. Deloitte Canada’s Tech Fast 50 program named Hopper #1 in the Enterprise—Industry Leaders category in 2024, recognizing multi-year revenue growth among large tech companies.
What else is notable?
Industry reporting indicates Capital One is moving to hire Hopper talent and deepen its investment in travel software capabilities; one outlet characterized this as a prospective acquisition of selected software assets and teams. Hopper and Capital One have not issued formal joint confirmations, so treat this as an evolving story.
Frequently Asked Questions (FAQ)
How big is Hopper’s revenue today?
Independent trackers put 2023 revenue around $700 million. That is the most broadly cited, recent full-year figure.
How many people use Hopper?
Hopper cites 120 million+ cumulative users/downloads across iOS and Android and long-standing top-app rankings in many markets.
What is Hopper Technology Solutions (HTS)?
HTS is the company’s B2B platform that powers partner sites and apps with Hopper’s pricing intelligence and fintech ancillaries (e.g., Price Freeze, Cancel for Any Reason, Disruption Assistance).
Who are some of the partners?
Capital One Travel is the flagship portal; recent integrations span AirAsia MOVE, Cloudbeds, and other airline/hospitality rollouts.
Is Hopper preparing for an IPO?
Trade press has speculated on IPO timing and valuations; no formal S-1 has been filed as of December 2025.
Sources
- Business of Apps — Hopper Revenue and Usage Statistics
- Hopper — Company website (download/user claims)
- OAG — Hopper Case Study (downloads, data scale)
- Hopper — Hop Back (product usage highlights)
- Capital One — Capital One Travel powered by Hopper (launch details)
- Comscore — A Travel Portal Renaissance (Capital One Travel context)
- AirAsia MOVE — AirAsia MOVE and HTS partnership
- Cloudbeds — Cloudbeds & Hopper Technology Solutions announcement (CFAR)
- Hopper HTS — Deloitte 2024 Technology Fast 50 recognition
- Travel Weekly — Power List 2024 ranking
- PhocusWire — HTS Assist (AI support tool) launch
- Skift — Capital One set to acquire Hopper travel software (report)
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