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Stock impact report

Why Is Expedia Stock Up 24% This Year? [Forbes]

Expedia Group, Inc. (EXPE) 
Last expedia group, inc. earnings: 2/13 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: expediainc.com/contact-investor-relations
Company Research Source: Forbes
SOPA Images/LightRocket via Getty Images Expedia (NASDAQ: EXPE) stock remains up by about 24% year-to-date, in line with the S&P 500 which remains up by a similar 24% this year. In comparison, peer Tripadvisor (NASDAQ: TRIP) is down 36% year-to-date. So what are some of the trends that have driven Expedia stock higher of late? Expedia Group is benefiting from resilient travel demand, driving growth and higher margins in its business-to-business (B2B) and business-to-consumer (B2C) segments. The company continues to invest in technology, customer loyalty, and its B2B platform, including the integration of artificial intelligence tools like ChatGPT. With an uplifted full-year guidance, management expects 5% gross bookings growth, driven by stronger lodging and air business trends. Expedia has also enhanced shareholder value through share repurchases and its “One Key” loyalty program, which is driving customer loyalty and repeat bookings. That said, if you want upside with a smoothe Show less Read more
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