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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.

News

Expedia Group's Advertising Solutions Boost Hotel and Airline Visibility and Revenue During Biggest Global Cultural Moments

Rhea-AI Summary
Expedia Group's advertising tools, TravelAds and Flight Sponsored Listings, have significantly boosted travel partners' visibility and revenue during major cultural events in 2023. Hotels and airlines using these tools saw substantial increases in bookings and revenue, with examples including a 30% revenue boost for Wimbledon hotels, a 5% boost for Nashville hotels during a Taylor Swift concert, and a 30% revenue increase for a U.S. regional airline during Formula 1 in Las Vegas.
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Expedia Group Announces Jochen Koedijk as Chief Marketing Officer and Brad Bentley as Chief Operations Officer of Consumer Business as Jon Gieselman Departs

Rhea-AI Summary
Expedia Group announces the departure of Jon Gieselman, President of Expedia Brands, effective June 1. Brad Bentley to oversee consumer business as COO and Jochen Koedijk as CMO. Gieselman led unification of go-to-market strategy, loyalty program, and creative capabilities. Koedijk and Bentley to drive future growth under incoming CEO Ariane Gorin.
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Expedia Group Welcomes New Partners to its Global Travel Ecosystem

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Expedia Group announces new partnerships to enhance personalized travel experiences and expand global reach through innovative technology and supply solutions.
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ECLIPSE TRAVEL DRIVES EXPEDIA SEARCHES TO SPIKE UP TO 1,100% FOR STAYS ALONG THE PATH OF TOTALITY

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Expedia and Vrbo introduce a new app feature to help last-minute eclipse chasers find accommodation along the path of the upcoming total solar eclipse in April 2024. The feature allows users to easily browse available hotels and vacation rentals, with cities like Burlington, Vermont, and Little Rock, Arkansas experiencing significant spikes in hotel searches. The PR also highlights affordable accommodation options in cities like Dallas, Austin, and San Antonio, Texas, as well as Indianapolis, Indiana, and Dayton, Ohio.
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EXPEDIA GROUP APPOINTS ALFONSO PAREDES AS PRESIDENT OF PRIVATE LABEL SOLUTIONS AND GREG SCHULZE AS PRESIDENT OF TRAVEL PARTNERS AND MEDIA

Rhea-AI Summary
Expedia Group appoints Alfonso Paredes as President of Private Label Solutions and Greg Schulze as President of Travel Partners and Media, creating two new operating divisions. The move aims to leverage their global experience and deepen travel partner relationships to drive company growth and value creation.
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EXPEDIA RELEASES A JAZZ FEST HEADLINER'S GUIDE TO MUSIC, CULTURE, AND VIBES IN NEW ORLEANS

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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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SUNSHINE AND SOLAR ECLIPSE: EXPEDIA SPRING BREAK TRAVEL OUTLOOK SHINES LIGHT ON TRENDING DESTINATIONS

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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 Announces CEO Transition Plan

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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 Reports Fourth Quarter and Full Year 2023 Results

Rhea-AI Summary
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 DATA REVEALS THE NORTHERN LIGHTS ARE THE MOST SOUGHT-AFTER EXPERIENCE OF 2024 AS AURORA BOREALIS VISIBILITY PEAKS

Rhea-AI Summary
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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FAQ

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

The current stock price of Expedia Group (EXPE) is $176.89 as of January 23, 2025.

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

The market cap of Expedia Group (EXPE) is approximately 22.0B.

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.
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Expedia Group, Inc.

Nasdaq:EXPE

EXPE Rankings

#508 Ranked by Market Cap
N/A Ranked by Dividends

EXPE Stock Data

22.04B
121.75M
0.88%
98.32%
3.78%
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