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Expedia Group, Inc. - EXPE STOCK NEWS

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 as a globally recognized online travel company. It provides an extensive array of travel services through its four distinct segments: Core Online Travel Agencies, Trivago, Vrbo, and Egencia. The company's brand portfolio features Expedia, a comprehensive online travel brand with localized websites, and Hotels.com, a platform for marketing and distributing lodging accommodations. Additionally, Vrbo facilitates online marketplaces for alternative accommodations, while Expedia Partner Solutions serves as a B2B brand offering travel options for airlines, hotels, travel agencies, loyalty and corporate travel companies, and consumer brands. Egencia provides corporate travel management services.

The company's brand lineup also includes Orbitz, Travelocity, Cheaptickets, Ebookers, and Hotwire, which offer various travel booking services. Expedia Group Media Solutions delivers media partnerships and digital marketing solutions. Notably, Trivago serves as an online hotel metasearch platform connecting travelers with numerous hotel options.

Expedia is the world's second-largest online travel agency by bookings. Its services cover lodging (80% of total 2023 sales), air tickets (3%), rental cars, cruises, in-destination activities, and other travel services (11%), and advertising revenue (6%). The company's revenue primarily stems from transaction fees for online bookings.

Expedia remains a robust player in the travel industry with ongoing projects like the Spring Break Travel Outlook and collaborations with well-known personalities such as Grammy-winning artist Anderson .Paak. These initiatives reinforce its position in the market while also showcasing its ability to adapt to consumer trends and preferences. Furthermore, Expedia's dedication to sustainability is evident through its partnerships with the Wildlife Conservation Society and the Travel Foundation, aiming to promote eco-friendly travel and support local communities.

For the latest updates, visit the Expedia Group website or follow their social media channels on Instagram, TikTok, Pinterest, Twitter, and YouTube. Stay informed about the company's progress, achievements, and extensive travel offerings to make well-informed investment decisions.

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Expedia partners with Grammy-winning artist Anderson .Paak for an exclusive New Orleans travel guide for the 2024 Jazz & Heritage Festival. The collaboration includes a city guide, a film featuring .Paak and local talent, and travel tips for festivalgoers. Hotel searches for New Orleans surged after the festival lineup announcement, indicating a high interest in attending.
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Expedia's Spring Break Travel Outlook reveals top trending destinations for 2024, driven by the April 8 total solar eclipse. Dallas and Austin lead U.S. cities with significant YoY growth, while international destinations like Tokyo and Paris also see increased interest.
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Expedia Group announced the appointment of Ariane Gorin as CEO, succeeding Peter Kern. Gorin has been with the company since 2013 and most recently served as President of Expedia for Business, delivering outstanding financial results with a 33% B2B revenue growth in 2023. The Chairman and Senior Executive, Barry Diller, expressed confidence in Gorin's leadership, highlighting her exemplary track record. Kern will continue as Vice Chairman and member of the Board of Directors, praising Gorin's leadership and the company's transformation under his guidance.
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Expedia Group, Inc. (EXPE) announced record revenue and profitability for the fourth quarter and full year of 2023. The company reported double-digit topline growth with margin expansion and the largest annual share repurchase on record at over $2 billion. Key highlights include lodging gross bookings growing 11%, record hotel gross bookings growing 18%, highest ever full-year and fourth-quarter revenue growing 10%, and significant adjusted EBITDA margin expansion. The financial summary shows a 10% increase in revenue for the fourth quarter and full year of 2023, while net income grew by 127% for the full year. Expedia Group will hold a conference call on February 8, 2024, to discuss the financial results and forward-looking information.
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Expedia's survey reveals that 42% of Americans prioritize aurora chasing over other bucket list experiences, with Canada, Finland, and Norway being the top destinations. Searches for winter trips to see the Northern Lights have surged, with Lapland in Finland seeing a 370% increase, Canada's Churchill at 110%, and Alta in Norway at 100%. Expedia has released a Northern Lights Insider Guide to help travelers plan their trip, offering insights on trending destinations, booking hacks, photography tips, and ideal itineraries.
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Expedia Group has been recognized as one of the Best Places to Work in 2024 by the annual Glassdoor Employees' Choice Awards. The recognition is based on voluntary and anonymous feedback from current and former employees, positioning the company as a Best Place to Work among U.S. companies with more than 1,000 employees. The award reflects the positive work environment, inclusive culture, flexibility, and employee support at Expedia Group.
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Expedia Group (EXPE) will release its Q4 2023 results on February 8, 2024, via an earnings release and webcast. The report will be available on the company's Investor Relations website. The webcast will start at 1:30 PM Pacific Time / 4:30 PM Eastern Time, with a replay available for approximately twelve months.
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Expedia (EXPE) launches the YesYouCanada campaign in partnership with Destination Canada and Canadian Chef Matty Matheson, allowing travelers to name unique Canadian cultural items. The 13 nameable items include a moose, a limited-edition beer, a train seat, a hot tub, a polar bear, a hockey team, a potato field, a golf hole, a bar stool, a bagel box, an ice fishing shack, a canoe, and a golf cart. Priced at $20.23 each, these items can be booked on a first-come, first-served basis on www.yesyoucanada.com starting at 9 a.m. EST on December 14, 2023.
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Expedia Group (EXPE) announces the Expedia Made to Travel™ Fund, which has awarded over $1.5M in grants to support travel equality.
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Expedia Group: Finding Opportunity at AfroTech. Will Cleveland, former president of the Black employee resource group at his former job, has joined Expedia Group as a social media manager focusing on global insights and analytics. His role includes gathering and analyzing insights from Expedia, Hotels.com and Vrbo's social media channels to measure success and construct social strategies for the brands' audiences. Cleveland's mission is to drive strategies for inclusive travel, resonating closely with his background.
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FAQ

What is the current stock price of Expedia Group (EXPE)?

The current stock price of Expedia Group (EXPE) is $180.4 as of November 18, 2024.

What is the market cap of Expedia Group (EXPE)?

The market cap of Expedia Group (EXPE) is approximately 23.0B.

What does Expedia Group, Inc. do?

Expedia Group, Inc. operates as an online travel company offering a wide range of travel services through various brands like Expedia, Hotels.com, Vrbo, and more.

How does Expedia generate its revenue?

Expedia generates revenue primarily through transaction fees for online bookings, covering lodging, air tickets, rental cars, cruises, in-destination activities, and advertising revenue.

What are the main brands under Expedia Group?

Expedia Group's main brands include Expedia, Hotels.com, Vrbo, Orbitz, Travelocity, Cheaptickets, Ebookers, Hotwire, and Trivago.

What recent projects has Expedia Group undertaken?

Expedia Group recently released the Spring Break Travel Outlook and collaborated with Grammy-winning artist Anderson .Paak for the New Orleans Jazz & Heritage Festival travel guide.

How is Expedia contributing to sustainable travel?

Expedia is promoting sustainable travel through partnerships with organizations like the Wildlife Conservation Society and the Travel Foundation, aiming to support eco-friendly tourism and local community development.

Who currently leads Expedia Group?

Peter Kern is the CEO of Expedia Group, with Ariane Gorin set to become the incoming CEO. Brad Bentley and Jochen Koedijk have also taken on significant leadership roles.

How does Expedia support corporate travel management?

Expedia supports corporate travel management through its Egencia brand, which offers comprehensive travel management services to businesses.

What is Expedia's approach to advertising solutions?

Expedia offers advertising solutions like TravelAds and Flight Sponsored Listings, helping travel partners boost visibility and increase revenue during major cultural events and peak travel seasons.

What are some of Expedia Group’s sustainability goals?

Expedia Group aims to decarbonize its operations with a Net Zero target by 2040, and supports the travel industry's goal of halving emissions by 2030 and reaching Net Zero by 2050.

How can travelers stay updated with Expedia's latest news?

Travelers can stay updated with Expedia's latest news by visiting their official website and following their social media channels on Instagram, TikTok, Pinterest, Twitter, and YouTube.

Expedia Group, Inc.

Nasdaq:EXPE

EXPE Rankings

EXPE Stock Data

22.99B
122.82M
0.88%
99.93%
4.88%
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