{"id":23554,"date":"2025-11-08T12:57:10","date_gmt":"2025-11-08T12:57:10","guid":{"rendered":"http:\/\/tezgyan.com\/index.php\/2025\/11\/08\/expedia-raises-full-year-outlook-on-resilient-travel-demand\/"},"modified":"2025-11-08T12:57:10","modified_gmt":"2025-11-08T12:57:10","slug":"expedia-raises-full-year-outlook-on-resilient-travel-demand","status":"publish","type":"post","link":"https:\/\/tezgyan.com\/index.php\/2025\/11\/08\/expedia-raises-full-year-outlook-on-resilient-travel-demand\/","title":{"rendered":"Expedia raises full-year outlook on resilient travel demand"},"content":{"rendered":"<p><br \/>\n<\/p>\n<div>Expedia Group Inc. raised its full-year gross bookings and revenue outlook, signaling that strong travel trends are continuing into the holiday quarter. Revenue for the year is now expected to increase 6.5% at the midpoint, up from 3% to 5% previously, the company said Thursday in a statement. Analysts expected a 4.6% rise, according to Bloomberg-compiled estimates. It also sees gross bookings growing 7%, again ahead of estimates and Expedia\u2019s previous guidance.<\/p>\n<p>\u201cIt was a combination of the performance we had in the third quarter, and the momentum we\u2019re seeing in October,\u201d Chief Executive Officer Ariane Gorin said in an interview. Shares of Expedia rose as much as 18% in extended trading. The stock has been up 18% so far this year through Thursday\u2019s close.<\/p>\n<p>The results echo a rosy report last week from travel peer Booking Holdings Inc., which gave a better-than-expected outlook for the year. Airbnb Inc. posted its outlook for the holiday quarter ahead of expectations in its Thursday report and citied strong demand in October. Expedia\u2019s has yet to see an impact from the US government shutdown just over a month in.<br \/>&#13;\n<\/p>\n<p>\n<strong>Also read |<\/strong>\u00a0<a href=\"https:\/\/www.cnbctv18.com\/travel\/destinations\/international-tourist-arrivals-in-cuba-plummet-down-20-yoy-19750052.htm\">International tourist arrivals in Cuba plummet; down 20% YoY<\/a><\/p>\n<p>\u201cIn the US, just to be clear, we haven\u2019t seen a change in trend yet, but we\u2019re watching very carefully and this weekend will be a critical one as we as we head into that,\u201d Chief Financial Officer Scott Schenkel said on its earnings call.<\/p>\n<p>\nExpedia, which also owns Hotels.com and Vrbo, broadly exceeded expectations for the third quarter. Adjusted earnings per share for the three months ended September 30 came to $7.57, better than the $6.94 Wall Street was expecting.<\/p>\n<p>Gross bookings for the period rose 12% to $30.7 billion, beating the average analyst estimate of $29.2 billion. That was largely thanks to Expedia\u2019s business-to-business sales, it said in the statement. The segment has accounted for a third of revenue over the past year, with the company planning to expand in the space by signing new partners and deepening its existing relationships.<\/p>\n<p>Rooms booked, another closely watched metric, also came in ahead of expectations, totaling 108.2 million. Wall Street was expecting 103.9 million. Expedia said that demand rose in both its higher- and lower-end markets, signaling that both wealthy consumers and more budget-conscious customers still have an appetite for discretionary travel.<\/p>\n<p><strong>Also read |\u00a0<\/strong><a href=\"https:\/\/www.cnbctv18.com\/travel\/five-busiest-airports-in-india-can-you-guess-which-takes-top-spot-19748291.htm\">Five busiest airports in India: Can you guess which takes top spot?<\/a><\/p>\n<p>Elsewhere in the travel industry, cruise liners have reported mixed results for the quarter, as Norwegian Cruise Line Holdings Ltd. and Royal Caribbean Cruises Ltd. both missed on a key metric measuring revenue per available passenger on days they\u2019re aboard a ship.<\/p>\n<p>There is also some evidence that hotel chains are faltering. Hyatt Hotels Corp.\u2019s revenue per available room saw its slowest growth rate in over a year. During an earnings call earlier Thursday, executives attributed lower booking volumes in the quarter to a decline in travel to four-star and below hotels.<\/p>\n<\/div>\n<div>\n<div class=\"jsx-a1f7f0abdc69a52 content-info\">\n<p><span class=\"jsx-a1f7f0abdc69a52\">(Edited by : <!-- -->Jerome Anthony<!-- -->)<\/span><\/p>\n<\/div>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.cnbctv18.com\/business\/companies\/expedia-raises-full-year-outlook-on-resilient-travel-demand-19750173.htm\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Expedia Group Inc. raised its full-year gross bookings and revenue outlook, signaling that strong travel trends are continuing into the holiday quarter. Revenue for the year is now expected to increase 6.5% at the midpoint, up from 3% to 5% previously, the company said Thursday in a statement. Analysts expected a 4.6% rise, according to&#8230;<\/p>\n","protected":false},"author":1,"featured_media":23555,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[47],"tags":[],"class_list":["post-23554","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-travel"],"_links":{"self":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/posts\/23554","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/comments?post=23554"}],"version-history":[{"count":0,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/posts\/23554\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/media\/23555"}],"wp:attachment":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/media?parent=23554"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/categories?post=23554"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/tags?post=23554"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}