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 announced a private offering of $825 million in convertible unsecured senior notes and other senior unsecured notes, subject to market conditions. The proceeds will primarily refinance existing debt, including a tender offer for its 6.250% Senior Notes due 2025, and cover associated costs. The notes will be guaranteed by certain subsidiaries. Holders of the convertible notes may convert them into cash or stock. The offering is limited to qualified institutional buyers and not registered under the Securities Act.
Expedia Group has initiated a cash tender offer for up to $950 million of its 6.250% Senior Notes due 2025. Holders whose notes are acquired will receive accrued interest from the last payment date to the settlement date. The offer is set to expire on March 15, 2021, with early participation incentives for those who tender by March 1, 2021. The company is also redeeming its 7.000% Senior Notes due 2025, conditioned on the proceeds from a concurrent financing transaction. The company aims to retire its notes before maturity, enhancing its financial flexibility.
Expedia Group, Inc. (NASDAQ: EXPE) announced its fourth quarter 2020 earnings results on its Investor Relations website. The company will hold a conference call today at 1:30 PM PT to discuss these financial results. The call will be accessible via live webcast and a replay will be available for three months. Expedia Group continues to focus on making travel easier for customers globally through its various brands including Expedia, Hotels.com, and Vrbo, among others.
According to Expedia's annual Vacation Deprivation study, Americans plan to take an extra week of vacation in 2021, reflecting a shift towards valuing vacation time after a year of limited travel. The study shows that 36% of Americans intend to resume regular vacations, with 32% planning to take more vacations than usual. However, in 2020, U.S. workers took the fewest vacation days (8) compared to other countries. Despite previous challenges, this year promises improved work-life balance as 64% of respondents feel vacation deprived, emphasizing the growing demand for travel.
Expedia Group (NASDAQ: EXPE) will announce its fourth quarter 2020 results on February 11, 2021. The earnings release will be available after market close, with a webcast starting at 1:30 PM PT / 4:30 PM ET. Interested parties can access the release and webcast on the company's Investor Relations website. A replay of the call will be available for at least three months. Expedia Group aims to enhance travel accessibility through its diverse portfolio of brands, making travel easier and more enjoyable for customers worldwide.
Expedia is launching a 'Work from Here' initiative, allowing remote workers to book exclusive two-week stays at luxury properties for just $20.20. Starting December 14, 2020, six bookings will be available at three selected hotels in Charleston, Key West, and Scottsdale, designed to enhance remote work experiences with beautiful backdrops. The initiative stems from a survey revealing that 68% of remote workers would prefer to work from a vacation location. This campaign aims to inspire workers to balance productivity and travel in a post-pandemic world.
Expedia.com has released its 2021 Travel Trends Report, highlighting significant shifts in U.S. travel patterns due to the pandemic. In 2020, Americans favored nearby scenic locations, with trending destinations like Lincoln, NH, and Lake Havasu, AZ. The report indicates that flexibility in bookings is essential, with a 10% increase in refundable rate bookings. Average ticket prices for domestic and international flights dropped by 25-35% year-on-year. Notably, travelers are now booking flights just 29 days in advance, reflecting a shift in travel behavior that prioritizes adaptability.
Expedia Group, Inc. (NASDAQ: EXPE) released its Q3 2020 earnings report, accessible via their Investor Relations website and the SEC. A conference call to discuss results is scheduled for 1:30 PM PT / 4:30 PM ET. Expedia aims to enhance travel accessibility through a diverse portfolio of brands, including Expedia, Hotels.com, and Vrbo, offering various travel experiences globally. The company focuses on leveraging technology to improve customer experiences.
Expedia Group (NASDAQ: EXPE) will disclose its third quarter 2020 results on November 4, 2020. The earnings release will be available after market close, with a corresponding webcast commencing at 1:30 PM PT (4:30 PM ET). Interested parties can access details via the Investor Relations section of their corporate website. The webcast replay will be online for at least three months, providing insights into Expedia's financial performance during the quarter.
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