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Companies & Markets

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

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.
Companies & Markets

Expedia raises full-year guidance, beats on gross bookings

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.
Companies & Markets

Expedia shares sink as vacation rental weakness fuels revenue forecast trim

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.
SpotlightCompanies & Markets

Booking says room reservations to slow amid Middle-East conflict

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

Expedia to eliminate 1,500 jobs as travel growth moderates

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

Expedia CEO resigns, shares slump on air travel softness

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

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

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

Travel earnings show consumers still splurge on foreign trips

The Expedia website on a laptop arranged in Hastings-on-Hudson, New York, US, on Monday, July 31, 2023. Expedia Group Inc. is scheduled to release earnings figures on August 3. Photographer: Tiffany Hagler-Geard/Bloomberg
Companies & Markets

Expedia shares tumble as Q2 bookings disappoint

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.
Companies & Markets

Expedia Group beats Street estimates on record lodging bookings

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