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. (NASDAQ: EXPE) is a travel company whose brands power travel for everyone, everywhere through a global platform. This news page aggregates company announcements, earnings releases and business updates so readers can follow how Expedia Group’s travel brands, B2B platform and advertising business are evolving over time.
Recent news from Expedia Group has included quarterly financial results, where the company reports metrics such as booked room nights, gross bookings, revenue by product and segment performance across B2C and B2B. These releases often highlight trends in lodging bookings, the contribution of B2B and advertising, and updates on margin expansion and capital return through share repurchases and dividends.
Beyond earnings, Expedia Group issues news about leadership appointments, technology initiatives and product launches. Examples include the appointment of a Vice President of Investor Relations, the release of the Unpack '26 travel trends report, and the launch of Expedia Trip Matching, which uses AI to turn Instagram Reels into bookable itineraries. The company also announces enhancements to its B2B platform, such as new APIs for car, activities, insurance and air, and GenAI-powered discovery and AI Agent capabilities on its brands.
Expedia Group also publishes data-driven travel insights like the Expedia Island Hot List and trend reports that draw on first-party data from Expedia, Hotels.com and Vrbo, as well as third-party research. Investors, travelers and partners can use this news feed to monitor how Expedia Group’s brands, technology and travel insights develop over time.
Expedia Group (NASDAQ: EXPE) has appointed Ramana Thumu as its new Chief Technology Officer. Thumu will lead the company's technology organization, overseeing engineering, data, artificial intelligence, cloud platforms, and security. He brings over 20 years of experience in leading transformative tech initiatives, most recently serving as Chief Product and Technology Officer at Fanatics Commerce.
Thumu's role will involve capitalizing on Expedia Group's recent tech and platform investments. He will join the Travel Leadership Team, reporting directly to CEO Ariane Gorin, and will be based in San Francisco starting December. Prior to Fanatics, Thumu spent a decade at eBay, where he was key in developing various platforms that fueled global growth.
Expedia Group unveiled Unpack '25, an annual data-driven outlook for travel trends in 2025. The report, based on first-party travel data, insights from 25,000 travelers, and industry innovation, highlights eight noteworthy trends:
1. Detour Destinations: Travelers are adding less-known spots near popular hotspots to their itineraries.
2. Goods Getaways: Trips centered around acquiring unique local products.
3. All-Inclusive Era: Gen Z embracing stress-free, all-inclusive resorts.
4. Hotel Restaurant Renaissance: Increased focus on hotel dining experiences.
5. JOMO Travel: Embracing the joy of missing out for relaxation.
6. The Phenomena-List: Travel to witness natural phenomena.
7. Set-Jetting: TV and movie-inspired travel destinations.
8. One-Click Trips: Simplified booking through social media.
The report also provides detailed insights into each trend, including popular destinations and consumer preferences.
Expedia Group has launched 'Journeys for All: An Expedia Group Study on Inclusion in Travel', a pioneering report aimed at fostering a more inclusive travel community. The study identifies shared travel challenges faced by underserved groups, including Black, Latino, LGBTQIA+, and travelers with disabilities. It provides essential data and key recommendations for the travel industry to better serve underrepresented travelers.
The report highlights persistent pain points that need immediate attention and action, offering recommendations based on firsthand insights. Expedia Group emphasizes that embedding inclusive practices across products and services not only enhances brand appeal and loyalty but also creates significant growth opportunities by meeting the needs of more travelers.
The company calls for a collective effort from all corners of the travel industry to create meaningful and sustainable change, improving experiences for all travelers. The principles outlined in the report serve as a starting point for providing a universally welcoming travel experience.
Expedia Group hosted its 2nd annual Inclusion Business Group (IBG) Summit in September, bringing together global IBG leaders for two days in Austin. The summit focused on driving inclusion and belonging across the organization and creating lasting impact through actionable outcomes. IBGs are strategic groups sponsored by the Inclusion & Diversity team, advancing inclusion for underrepresented identities at Expedia Group.
The summit's goals included increasing strategic alignment between inclusion and diversity goals, IBG goals, and business objectives. It featured over 15 sessions, including discussions with leadership and panels with IBG Executive Sponsors. Attendees reported a 100% increase in sentiments of belonging. The event emphasized the importance of IBGs in fostering a diverse and inclusive work environment, providing employees a platform to connect and support one another.
Expedia Group (NASDAQ: EXPE) has announced that it will release its third quarter 2024 financial results on Thursday, November 7, 2024. The results will cover the period ended September 30, 2024. The company will publish an earnings release after the market closes, followed by a webcast at 1:30 PM Pacific Time / 4:30 PM Eastern Time.
Investors and interested parties can access the earnings release and join the webcast through the Investor Relations section of Expedia Group's corporate website at http://ir.expediagroup.com. A replay of the call is expected to be available for approximately twelve months, providing extended access to the discussion of the company's financial performance.
Expedia Group (NASDAQ: EXPE) has announced its participation in Deutsche Bank's 2024 Technology Conference. The company's CEO, Ariane Gorin, will engage in a fireside chat on Thursday, August 29, 2024, at 2:45 PM PT / 5:45 PM ET. Investors and interested parties can access a live webcast of the session and related materials through Expedia Group's investor relations website at http://ir.expediagroup.com. The presentation materials and a replay of the webcast will remain accessible for 90 days following the event, providing an extended opportunity for stakeholders to review the company's insights and updates shared during the conference.
Rob Torres, Senior Vice President of Media Solutions at Expedia Group, leads the company's global advertising business. As executive sponsor for The Indigenous, Diversity, Expedians, and Allies (IDEA) Inclusion Business Group, Torres supports and advocates for creating a more inclusive environment. He was inspired by Expedia Group's commitment to diversity, equity, and inclusion, and saw an opportunity to promote responsible tourism while celebrating Indigenous cultures worldwide.
IDEA has contributed to a more welcoming workplace by providing a dedicated space for Indigenous employees and allies, fostering a sense of belonging. Torres advises aspiring allies to educate themselves about Indigenous history and cultures, support Indigenous-owned businesses, and consciously choose Indigenous experiences when traveling. He emphasizes that allyship is an ongoing journey of advocacy and cultural understanding.
Expedia Group (NASDAQ: EXPE) reported its Q2 2024 results, showing 6% growth in both gross bookings and revenue, reaching $28.8 billion and $3.6 billion respectively. Highlights include:
- 10% increase in booked room nights
- 8% growth in lodging gross bookings to $20.7 billion
- 22% rise in B2B revenue to $1.0 billion
- Net income of $386 million
- Adjusted EBITDA up 5% to $786 million
However, CEO Ariane Gorin noted a softening in travel demand in July, leading to adjusted expectations for the rest of the year. The company repurchased 9.2 million shares for $1.2 billion year-to-date.
Expedia Group has partnered with the French Government and Acceslibre to enhance accessible travel for the Paris 2024 Olympics. The initiative aims to provide detailed accessibility data for hotels and vacation rentals listed on Expedia's brands, including Expedia, Hotels.com, and Vrbo. This pilot program addresses the growing needs of travelers with disabilities, expected to reach over 33 million in the US by 2028.
The partnership will offer information on features such as braille signage, visual alarms, and wheelchair accessible parking, enabling travelers to make informed decisions based on their specific accessibility requirements. This collaboration is a step towards creating more inclusive travel experiences and sets an example for the industry to improve accessibility in tourism.
Expedia Group, Wells Fargo, and Mastercard have announced a multi-year partnership to launch two new co-branded credit cards: the One Key™ Card and One Key+™ Card. These cards are designed to enhance Expedia Group's One Key™ loyalty program by offering rewards, tier upgrades, and travel perks. Cardholders can earn OneKeyCash™, which can be used for bookings on Expedia, Hotels.com, and Vrbo. The One Key Card offers $400 in OneKeyCash for a $1,000 spend in three months, while the One Key+ Card offers $600 for a $3,000 spend. Both cards provide instant tier upgrades, travel protections, and no foreign transaction fees. The cards will be available later this summer, with existing Hotels.com cardholders transitioning to the no-annual-fee One Key Card in September.