Expedia shares are plummeting by 7% today after reporting Q1 earnings. Expedia's woes are part of a broader travel industry slowdown.
EXPE's first-quarter 2025 results benefit from an increase in B2B and advertising revenues.
The online travel agency said after a slowdown in demand in the first quarter, April was even softer for domestic travel.
Travel Services Industry | Consumer Cyclical Sector | Mr. Barry Diller CEO | NASDAQ (NGS) Exchange | US30212P3038 ISIN |
US Country | 17,100 Employees | 6 Mar 2025 Last Dividend | 21 Dec 2011 Last Split | 10 Nov 1999 IPO Date |
Expedia Group, Inc. stands as a premier online travel company with a global footprint, offering its services both in the United States and internationally. Through its diversified business model, the company caters to a wide array of travel needs via its B2C, B2B, and trivago segments. Initially established in 1996 and headquartered in Seattle, Washington, Expedia Group has evolved significantly, undergoing a rebranding from Expedia, Inc. to its current name in March 2018. The organization aims to simplify the travel planning process for individuals and businesses alike by providing access to a vast selection of travel options and leveraging advanced technology to enhance user experiences.