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.
According to Expedia's 24th annual Vacation Deprivation Report, released on June 20, 2024, 53% of Americans don't plan to use all their allotted vacation days this year, despite having just 12 days off annually—the fewest of any country surveyed. American vacation deprivation has hit an 11-year high at 65%, contrasting with declines in other parts of the world. In Japan, where workers take similar days off, vacation deprivation is lowest globally at 53%. French workers enjoy the most days off at 29, seeing vacations as a right. Hong Kong workers, unique in using more days than allocated, plan to continue this trend. Expedia suggests Americans can adopt global strategies like frequent short vacations and prioritizing rest.
Expedia's Summer Sale offers vacation-deprived One Key members 25% off on thousands of hotels through October, encouraging better use of vacation days.
Expedia Group recently hosted its 25th EXPLORE partner conference, highlighting its commitment to inclusivity and accessibility in global travel. Led by Aditi Mohapatra, the session featured insights from Lawrence P. of Green Book Global and Heather Ansley of Paralyzed Veterans of America, organizations supported by Expedia's Open World Accelerator and Made to Travel Fund. Initial findings from Expedia's inclusive travel research were also previewed, with more details to come. This aligns with Expedia's broader mission to enable accessible travel for everyone, under the new leadership of CEO Ariane Gorin.
Expedia Group announced over 40 new AI-driven travel features at its annual EXPLORE conference in Las Vegas. Key highlights include Romie, an AI travel assistant that helps with trip planning, booking, and real-time updates. Additionally, new e-commerce capabilities, such as Travel Shops, allow content creators to share and sell travel recommendations.
Expedia's Spring Product Release includes a personalized itinerary builder, self-service booking management, price and destination comparisons, and a revamped help center. For partners, new tools for fraud prevention, optimized distribution, and AI-powered guest experience insights have been introduced.
Expedia also revealed the world's leading travel media network, leveraging first-party travel data to offer advanced advertising solutions across multiple platforms.
Expedia Group (NASDAQ: EXPE) will livestream the general session of EXPLORE 24 on May 14, 2024, at 10:30 a.m. PT. This annual partner event will showcase new innovations aimed at enhancing the travel experience for travelers and partners worldwide.
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.
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