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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.
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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.
The 2020 holiday travel season is unique due to changing travel restrictions and health considerations. Expedia analyzed trends in flights, hotels, and car rentals, offering insights for travelers. Key recommendations include booking flights 60-90 days in advance for Thanksgiving and 30-60 days for Christmas to secure lower prices. Accommodations should also be booked early, with an emphasis on refundable rates. Car rental tips include comparing rates and avoiding peak rental days. Flexibility remains crucial, with enhanced cleaning measures being emphasized for all travel options.
Expedia.com released its 2020 Summer Travel Report, revealing significant shifts in American travel preferences due to the pandemic. Key findings include that 85% of U.S. travelers are likely to opt for road trips this summer, driven by safety concerns amid COVID-19. Interest in domestic travel is up 10% year-on-year, with nearly 85% of hotel searches focused on U.S. accommodations. Flexibility is paramount; 97% of June hotel bookings were refundable, a 20% increase from last year. Health and safety considerations are now prioritized over budget when planning trips.