Expedia

Expedia raises gross bookings, revenue growth forecasts amid US travel demand recovery

EXPEDIA raised its annual forecast for gross bookings and revenue growth on Thursday, amid a recovery of demand in the United States, sending the online travel company’s shares up more than 17 per cen...

Expedia generates roughly two-thirds of its revenue in the US, making it a strong gauge of US discretionary spending and offering investors a clearer picture of the nation’s travel demand.

Expedia raises full-year guidance, beats on gross bookings

EXPEDIA Group posted better-than-expected grossing bookings in the third quarter and said it was raising its full-year guidance, suggesting that demand has proven stronger than the company had previou...

The company has projected full-year revenue growth in the mid-to-high-single digit percentage range, down from a prior forecast of double-digit growth.

Expedia shares sink as vacation rental weakness fuels revenue forecast trim

EXPEDIA shares tumbled as much as 13 per cent to a near six-month low in early trading on Friday (May 3), after the online booking firm cut its annual forecast for revenue growth due to weakness at it...

Booking Holdings said it expects growth of 4 to 6 per cent in room-night bookings, less than the 7.4 per cent increase analysts were expecting.

Booking says room reservations to slow amid Middle-East conflict

BOOKING Holdings, owner of travel brands Kayak and Priceline, said it expects room-night reservations to slow in the current quarter as tensions in the Middle East curb regional tourism.

Earlier this month, Expedia reported disappointing holiday results and issued a weaker-than-expected outlook for the current quarter.

Expedia to eliminate 1,500 jobs as travel growth moderates

EXPEDIA Group is eliminating about 9 per cent of its workforce after announcing a leadership transition earlier this month while the online travel company attempts to revive growth and regain market s...

Expedia's shares, which have gained over 60 per cent since November, slid more than 12 per cent in extended trading.

Expedia CEO resigns, shares slump on air travel softness

EXPEDIA on Thursday warned that revenue in 2024 would moderate as air ticket prices drop, and said CEO Peter Kern was stepping down and would be succeeded by an insider.

Expedia’s total gross bookings across travel products rose 7 per cent from the year-earlier period to US$25.69 billion.

Expedia beats profit estimates, announces US$5 billion share buyback

EXPEDIA Group on Thursday (Nov 2) announced a new share buyback plan of US$5 billion after posting a better-than-expected quarterly profit, as the online travel booking company benefited from resilien...

Airbnb says more travellers are coming back to cities, its traditional stronghold, with bookings for high-density urban listings up 13 per cent. 

Travel earnings show consumers still splurge on foreign trips

Earnings reports from the big three online travel companies showed that consumers are willing to swallow higher prices to get their international summer trip. 

Expedia reported an adjusted profit of US$2.89 per share.

Expedia shares tumble as Q2 bookings disappoint

Expedia on Thursday (Aug 3) reported smaller-than-expected quarterly bookings, sending the online travel firm’s shares tumbling 9 per cent in early trading and amplifying fears of a slowdown in travel...

The company posted an adjusted first-quarter loss of 20 US cents per share, missing analysts’ expectations for a loss of 4 US cents a share.

Expedia Group beats Street estimates on record lodging bookings

EXPEDIA Group on Thursday (May 4) beat Wall street estimates for first-quarter revenue on record lodging bookings as travel returns to urban markets and international travel demand approaches pre-pand...