Expedia reports record revenue amid solid travel demand

While travel demand in North America and Europe remained stable, the Asia-Pacific and Latin America regions experienced more pronounced growth

Nov 3, 2023

Expedia Group’s financial results for the quarter ended Sept. 30 exceeded expectations, with record quarterly revenue of $3.9 billion. The company also announced a new $5 billion share repurchase authorization, demonstrating its commitment to maximizing shareholder returns.

Key takeaways

  • The company plans to leverage its artificial intelligence (AI) and machine learning (ML) capabilities to enhance the customer experience;
  • Expedia Group’s business-to-business (B2B) sector had a 26% revenue growth in the third quarter year over year (YoY);
  • The completion of the Vrbo migration and the launch of the loyalty program, One Key, during the quarter have positioned Expedia Group for future growth, the company said.

Get the full story at Expedia

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