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.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Expedia Group's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Expedia Group's position in the market.
Expedia Group released its 2023 Global Impact Report, showcasing progress toward environmental, social, and governance targets. The company aims to achieve Net Zero greenhouse gas emissions by 2040, with interim goals set for 2030. Initiatives include the Made to Travel™ Fund, Open World Accelerator, and efforts to promote diversity and inclusion. Expedia Group's commitment to sustainability and social impact is evident through partnerships, funding, and community support.
Expedia Group, Inc. reported strong first-quarter revenue and profitability with an 8% year-over-year revenue growth and margin expansion. The company experienced slower-than-anticipated recovery in Vrbo gross bookings but saw growth in B2B, Brand Expedia, and Advertising. Total gross bookings reached $30.2 billion, with hotel bookings up 12%. Expedia Group lowered its full-year guidance due to Vrbo's performance, projecting mid-to-high single-digit revenue growth. Despite challenges, the company remains confident in its platform and growth prospects.
