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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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Hotels.com, along with celebrity couple Nick and Vanessa Lachey, has launched Hotels.com Cuffing Season Stays to help singles find partners this fall. This initiative offers a collection of VIP Access properties in popular U.S. cities, tailored for various couple types, from luxury to party lovers. Each hotel provides unique amenities and special perks for Hotels.com Rewards members. Additionally, couples dating less than six months can enter a sweepstakes to win $2,500 in Hotels.com gift cards, with potential bonuses for staying together until Valentine's Day 2023.

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Expedia Group (NASDAQ: EXPE) will publish its Q3 2022 earnings results on November 3, 2022, for the period ending September 30, 2022. The earnings release will be accessible post-market close, with a webcast starting at 1:30 PM PT / 4:30 PM ET. Investors can find this information on the Investor Relations page. A replay of the earnings call will be available for at least three months. Expedia Group is dedicated to enhancing travel experiences through its extensive range of brands and technology solutions.

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Expedia's 2023 Air Travel Hacks Report provides essential tips for travelers to save time and money on flights. Key insights include booking airfare on Sundays for up to 15% savings, and planning flights at least a month in advance for domestic and six months for international travel to save 10%. Departing before 3 p.m. significantly reduces delays, while traveling on Wednesdays is recommended for cost savings. The new Price Tracking and Predictions feature allows members to easily monitor flight prices and make informed booking decisions.

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Expedia Group has launched the Open World™ Accelerator, aimed at supporting startups and small and medium-sized businesses (SMBs) in the travel industry. This initiative focuses on enhancing accessibility for underserved travelers and aligns with the company's social impact and sustainability strategy. The program will provide selected participants with a six-month curriculum that includes mentorship, technology development, and access to Expedia’s platform. Applications are open until October 21, with the program starting in January 2023.

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Expedia teams up with soccer star Guillermo "Memo" Ochoa to launch the "Travel like Memo" campaign, celebrating his roots in Mexico City. The initiative includes a curated itinerary featuring Ochoa's favorite local spots, such as restaurants and scenic views. Two fans will win an exclusive travel experience, including a meet-and-greet with Ochoa, starting September 20. The campaign aims to authentically engage travelers and promote Mexico City's unique attractions.

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Expedia Group has appointed Julie Whalen as the new Executive Vice President and Chief Financial Officer, effective September 26, 2022. She succeeds Eric Hart, who will assist in the transition until October 1, 2022. Whalen, with over 20 years in finance, previously served as EVP and CFO at Williams-Sonoma, Inc. Her understanding of Expedia's operations, gained from her role on the Board since June 2019, positions her to drive the company’s growth strategies. Hart will continue contributing as Chair of the Supervisory Board for Trivago N.V..

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Expedia Group announced it will purchase up to $500,000,000 of its 2.950% Senior Notes due 2031 and 3.25% Senior Notes due 2030. The tender offers are based on the terms outlined in an Offer to Purchase dated August 26, 2022. The offers will expire at 11:59 p.m. on September 23, 2022. Due to high demand for the 2031 Notes, the company intends to accept an aggregate principal amount above the Tender Cap but will not purchase any 2030 Notes. Holders are encouraged to review the detailed Offer to Purchase for more information.

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Expedia Group, Inc. (NASDAQ: EXPE) announced the early tender results for its cash tender offers, totaling up to $500,000,000 of its 2.950% Senior Notes due 2031 and 3.25% Senior Notes due 2030. As of the early tender date on September 9, 2022, approximately $685,101,000 of the 2031 Notes were tendered, representing 68.51% acceptance of the $1,000,000,000 outstanding. No 2030 Notes were accepted, as the 2031 Notes exceeded the Aggregate Tender Cap. Expected settlement for the accepted notes is on September 13, 2022.

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Expedia Group (NASDAQ: EXPE) is set to participate in the Goldman Sachs Communacopia + Technology Conference. The company's Vice Chairman and CEO, Peter Kern, will engage in a fireside chat on September 13, 2022, at 10:00 am PT / 1:00 pm ET. A live webcast will be available at ir.expediagroup.com, with a replay accessible for 90 days. Expedia Group, the world's travel platform, aims to enhance global travel experiences through its diverse portfolio of brands and services.

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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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