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 a global travel technology platform powering lodging, flights, and vacation experiences through brands like Expedia, Vrbo, and Hotels.com. This news hub provides investors and industry observers with direct access to the company's official announcements and market-moving developments.
Track Expedia Group's strategic initiatives through curated press releases, earnings reports, and partnership announcements. The repository covers operational updates across key areas including technology innovations, brand expansions, corporate responsibility efforts, and leadership changes.
Our news collection serves as a decision-making resource for analyzing EXPE's market position in the competitive online travel sector. Users gain insight into how the company's multi-brand strategy and digital infrastructure adapt to evolving consumer demands and industry disruptions.
Bookmark this page for streamlined access to Expedia Group's verified communications. Combine these primary sources with Stock Titan's analytical tools to monitor the company's performance and sector trends.
Expedia Group (NASDAQ: EXPE) reported strong recovery in Q2 2021, with gross bookings reaching $20.8 billion, a 667% increase year-over-year. Revenue also surged 273% to $2.1 billion, driven by a 196% rise in stayed room nights and improved demand for air travel. Despite these gains, the company incurred a net loss of $301 million, although this was a significant reduction from a loss of $753 million in Q2 2020. CEO Peter Kern highlighted the ongoing challenges posed by COVID-19 variants but expressed optimism about the recovery trajectory in the travel sector.
Expedia is excited to be the official travel partner for the upcoming WE LOVE NYC: The Homecoming Concert in Central Park on August 21. With New York City fully reopened, the event symbolizes a return to city tourism. Expedia will promote NYC hotels, flights, and activities, while offering up to 1,000 concert tickets to Rewards members. Senior VP Shiv Singh emphasized the vital link between travel and music, aiming to enhance traveler experiences post-pandemic. As cities globally see a tourism rebound, interest in NYC travel is notably increasing.
Expedia Group (NASDAQ: EXPE) will announce its Q2 2021 earnings on August 5, 2021, covering the period ending June 30, 2021. The earnings release will be available after market close, with a webcast starting at 1:30 PM PT / 4:30 PM ET. Investors can access these materials through the Investor Relations section of the company's website. A replay of the call will be available for at least three months.
Expedia Group aims to enhance global travel experiences through its extensive portfolio of brands and technology.
Expedia Group (NASDAQ: EXPE) is set to participate in the Evercore ISI Inaugural TMT Conference on June 7, 2021. Peter Kern, the Vice Chairman and CEO, will engage in a Q&A session starting at 8:00 am PT / 11:00 am ET. A live webcast of this session will be accessible to the public, with a replay available for 90 days post-event. Expedia Group facilitates global travel through a diverse platform of brands, including Expedia, Hotels.com, and Vrbo, driven by the belief that travel connects people and enhances experiences.
Expedia announces its inaugural Expedia Travel Week, set for June 8-12, 2021, featuring substantial discounts of up to 60% on over 30,000 hotels and 800 activities. Travelers can book trips until January 2022, benefiting from flexible cancellation policies. The event includes custom itineraries curated by influencers, offering daily 20%-off coupons. With demand surging for summer travel, Expedia aims to revitalize travel experiences alongside exclusive perks for Rewards Members.
Expedia Group (NASDAQ: EXPE) has announced the appointment of Rathi Murthy as Chief Technology Officer and President of Expedia Services, and Jon Gieselman as President of Expedia Brands. This reorganization will create four main divisions: Expedia Services, Expedia Brands, Expedia Marketplace, and Expedia for Business.
The leadership team aims to enhance operational agility and innovation. Gieselman and Murthy bring extensive experience from Apple and Verizon Media, respectively, emphasizing a commitment to transforming customer experiences and technical strategy.
Expedia Group, Inc. (NASDAQ: EXPE) released its Q1 2021 earnings update on its Investor Relations site, available at http://ir.expediagroup.com. The company will hold a conference call today at 1:30 PM PT to discuss its financial results. A live webcast of this call will also be accessible. Expedia Group aims to enhance travel experiences globally through its technology solutions, aiding partners and creating memorable trips for travelers.
Expedia partners with Joe Jonas to launch the Travel Companions Report, revealing that 80% of Americans feel stressed about international travel. With 60% seeking assistance in booking, the campaign aims to alleviate travel anxiety post-COVID. To symbolize support, Expedia offers 250 exact replicas of Jonas's hand, created through 3D printing. The initiative is backed by a $100,000 donation to Mercy Corps for COVID-19 relief. The report shows travelers' needs for information on restrictions and support tools to ease planning.
American Express Global Business Travel (GBT) has proposed a binding offer to acquire Egencia, the corporate travel arm of Expedia Group. This strategic acquisition aims to integrate Egencia's digital travel management capabilities with GBT's offerings, enhancing customer solutions across all business travel segments. The deal includes a long-term commercial agreement, allowing Expedia Group to become a shareholder in GBT, thereby expanding its influence in the corporate travel space. The transaction is pending consultation with employee representatives and necessary regulatory approvals.
Expedia Group (NASDAQ: EXPE) is set to report its first quarter 2021 results on May 6, 2021. The earnings release will be available after the market closes, and a webcast will follow at 1:30 PM PT / 4:30 PM ET. Investors can access these materials through the Investor Relations section of Expedia's website. The anticipated replay of the call will be available for at least three months. With a mission to enhance global travel accessibility, Expedia Group operates a diverse portfolio of renowned travel brands.
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