Welcome to our dedicated page for Expedia Group news (Ticker: EXPE), a resource for investors and traders seeking the latest updates and insights on Expedia Group stock.
Expedia Group, Inc. (EXPE) operates a global travel technology platform powering lodging, flights, and vacation experiences through brands like Expedia, Vrbo, and Hotels.com. This news hub provides investors and industry observers with direct access to the company's official announcements and market-moving developments.
Track Expedia Group's strategic initiatives through curated press releases, earnings reports, and partnership announcements. The repository covers operational updates across key areas including technology innovations, brand expansions, corporate responsibility efforts, and leadership changes.
Our news collection serves as a decision-making resource for analyzing EXPE's market position in the competitive online travel sector. Users gain insight into how the company's multi-brand strategy and digital infrastructure adapt to evolving consumer demands and industry disruptions.
Bookmark this page for streamlined access to Expedia Group's verified communications. Combine these primary sources with Stock Titan's analytical tools to monitor the company's performance and sector trends.
Expedia Group (NASDAQ: EXPE) will participate in the UBS Global TMT Virtual Conference on Monday, December 6, 2021. The company’s Vice Chairman and CEO, Peter Kern, will engage in a fireside chat at 10:00 am PT / 1:00 pm ET. A live webcast of the event can be accessed at ir.expediagroup.com, with a replay available for 90 days. Expedia Group aims to enhance travel experiences through its diverse brands including Expedia, Hotels.com, and Vrbo, among others.
Expedia Group, Inc. (NASDAQ: EXPE) has announced a proposed settlement in a class and derivative action pending in the Delaware Court of Chancery. This settlement aims to resolve all claims related to the litigation affecting common stockholders as of April 16, 2019, and current stockholders as of November 2, 2021. A hearing on the settlement will take place on January 19, 2022. The settlement includes corporate governance reforms that are anticipated to benefit the company. Key documentation is available on Expedia's investor relations website.
Expedia Group (NASDAQ: EXPE) reported strong Q3 2021 results, nearing pre-pandemic levels in net income and adjusted EBITDA. Revenue rose 97% year-over-year to $2.96 billion, driven by a 59% growth in stayed room nights. Gross bookings reached $18.73 billion, up 117%, with significant performance from Vrbo and domestic travel. Despite ongoing travel volatility, there are early positive signs for Q4. The company also announced plans to unify its loyalty programs for over 145 million members and completed the sale of Egencia to American Express GBT.
American Express Global Business Travel (GBT) has acquired Egencia, a leader in digital travel management. Expedia Group (NASDAQ: EXPE) now holds shares in GBT and will supply accommodations to them under a long-term deal. GBT aims to enhance Egencia through investments in technology and personnel, providing comprehensive solutions for business travel. The leaders of both organizations expect this partnership to offer unparalleled value, choice, and experiences in the travel market, especially as business travel rebounds.
Expedia Group (NASDAQ: EXPE) will announce its Q3 2021 results on November 4, 2021, following the market close. The earnings release and a webcast will be available on the company’s Investor Relations website. The webcast starts at 1:30 PM PT / 4:30 PM ET. A replay will be accessible for at least three months. The company aims to power travel globally through its diverse brands, including Expedia, Hotels.com, and Vrbo, fostering connections and memorable experiences.
On October 12, 2021, Expedia released its seventh annual report with Airlines Reporting Corporation, providing insights for travel in 2022. The report highlights that one in five Americans seek savings tips, with 38% willing to adjust travel plans to save money. Average ticket prices (ATPs) have risen since early 2021 but remain 35% lower for international flights compared to 2019. Key booking strategies include reserving domestic flights 28-35 days in advance and choosing Sundays for booking to save up to 10%. Travelers can save significantly by being flexible with travel dates and opting for bundled deals.
Expedia has released its holiday travel forecast, highlighting sunny beach destinations in Mexico, the southern U.S., and the Caribbean as top choices for Thanksgiving and Christmas 2021. Popular mountaintop escapes to Utah and Colorado are also expected to attract travelers. Data shows significant demand with average daily lodging rates rising since travel recovery began. Tips include booking flights early and being flexible with dates, potentially saving 10-15%. Cancun and Orlando rank as the most popular destinations this holiday season.
Expedia Group (NASDAQ: EXPE) will participate in the Goldman Sachs Communacopia Conference on September 23, 2021. CEO Peter Kern will engage in a fireside chat at 11:55 am PT / 2:55 pm ET. A live webcast of the session will be available on the company's investor relations page, with a replay accessible for 90 days post-event. Expedia Group focuses on powering global travel, leveraging a diverse portfolio of travel brands including Brand Expedia, Hotels.com, and Vrbo, emphasizing the positive impact of travel.
On August 24, 2021, Expedia celebrated International Dog Day by unveiling a list of the top 12 dog-friendly hotels worldwide. These VIP Access properties are recognized for their excellent amenities catering to pets, ensuring both dogs and their owners have a pleasant stay. Travelers can enjoy perks like food and beverage credits at several locations, emphasizing a pet-inclusive travel experience. The announcement highlights key hotels in cities like Los Angeles, Seattle, New York, and Tokyo, aiming to attract dog lovers during their travels.
Expedia Group (NASDAQ: EXPE) reported strong recovery in Q2 2021, with gross bookings reaching $20.8 billion, a 667% increase year-over-year. Revenue also surged 273% to $2.1 billion, driven by a 196% rise in stayed room nights and improved demand for air travel. Despite these gains, the company incurred a net loss of $301 million, although this was a significant reduction from a loss of $753 million in Q2 2020. CEO Peter Kern highlighted the ongoing challenges posed by COVID-19 variants but expressed optimism about the recovery trajectory in the travel sector.
