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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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Dr. Tiph Turpin, Global VP of Employee Communications at Expedia Group, shares her journey and guidance for women and women of color aspiring to be in leadership. She discusses the importance of representation and access for women in the workplace, the impact of the pandemic on the travel industry, and strategies for success and overcoming imposter syndrome.
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Expedia Group highlights its commitment to sustainability in travel, emphasizing the need for responsible practices due to growing traveler demand for eco-friendly options. In 2022, terms related to sustainability in traveler feedback doubled. The company signed the Glasgow Declaration and launched the Open World strategy, focusing on environmental sustainability, inclusive access, and economic mobility. Key commitments include aligning with a net zero future and innovating sustainable travel solutions. A forthcoming Climate Action Plan will outline strategies to decarbonize operations and integrate climate risk. Collaborating with destination marketing organizations, Expedia aims to empower local leaders in climate action. Over 90% of consumers seek sustainable travel options, but 70% feel overwhelmed. Expedia is testing features to clarify sustainability practices for travelers, reinforcing its vision for a responsible travel industry.

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Expedia Group (NASDAQ: EXPE) will announce its first quarter 2023 financial results on May 4, 2023, for the period ending March 31, 2023. The earnings release will be published after market close, followed by a webcast at 1:30 PM PT / 4:30 PM ET. Interested investors can access both the release and the webcast through the Investor Relations section of Expedia's website at ir.expediagroup.com. A replay of the call will be available for three months thereafter. Expedia Group operates a comprehensive travel platform, offering various services through brands like Expedia, Hotels.com, Vrbo, and more, aimed at enhancing travel experiences and supporting partner growth.

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Expedia's Summer Travel Forecast reveals a significant boost in travel interest among U.S. travelers, with overall flight searches up 25% from last year for June through August. Popular domestic destinations include New York and Los Angeles, while international searches surged for Japan and New Zealand. Average airfare is projected to decrease by $125 from early July to August, providing savings opportunities. Travelers are encouraged to book 21 to 60 days in advance for the best domestic rates and to utilize features like Price Drop Protection for refunds on fare drops post-booking. Key insights suggest late August as a cost-effective travel time, with Thursday, August 24 being the least busy travel day. The report highlights the increasing demand for longer-haul trips and suggests strategic planning for summer vacations.

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Expedia has launched a new conversational trip planning feature in its app, powered by ChatGPT. This beta release allows users to engage in open-ended conversations to receive personalized travel recommendations. The feature aims to streamline the planning process by automatically saving discussed options, making it easier for users to organize their trips. Peter Kern, Vice Chairman and CEO, emphasized the integration of AI to enhance user experience. The feature is currently available on the Expedia iOS app and is designed to provide exclusive discounts and rewards, with ongoing adjustments based on user feedback.

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Expedia Group highlights the importance of wellness and community in the workplace, specifically through the lens of running. According to a National Runner Survey, only 1.6% of marathon runners in the U.S. identify as African-American. Leaders Kira West and Jaison Williams share their personal journeys in running and how Expedia has fostered their wellness through travel perks and fitness benefits. Both emphasize that running parallels professional growth, with lessons of consistency and preparation being essential to success. The company supports employee wellness by offering travel discounts and health benefits, aiding employees in participating in events like marathons.

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FAQ

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

The current stock price of Expedia Group (EXPE) is $184.75 as of December 20, 2024.

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

The market cap of Expedia Group (EXPE) is approximately 23.3B.

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

23.27B
121.74M
0.88%
98.27%
3.85%
Travel Services
Transportation Services
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