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 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...
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 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.
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 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 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...
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 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...
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...