Vrbo parent Expedia Group reports strong Q3 amid leadership changes

Expedia’s net income for Q3 was $684 million, with adjusted net income of $809 million — significant improvements compared to Q2 2024, when net income was $386 million and adjusted income was $469 million. Continue reading

The Q3 calls to watch closely as real estate’s ‘Super Thursday’ unfolds

Anywhere Real Estate, Redfin, eXp World Holdings and seven more of the nation’s largest real estate companies are set to release quarterly data on Thursday that could illuminate their fitness in 2025. Continue reading

Expedia adjusts H2 projections despite revenue growth

Expedia Group met the high end of its earnings expectations for the second quarter of 2024, despite a challenging macro environment and softening travel demand, according to an earnings report released Thursday. Continue reading

Here’s who sank and who soared in Q1 2024 earnings

Q1 2024’s real estate earnings are in. CoStar and Rocket Mortgage excelled, while RE/MAX and Opendoor face challenges. We’ve compiled the key highlights in one place. Here’s what you might have missed. Continue reading

Tens of thousands of Airbnb listings will be outlawed in NYC next week

Local Law 18, which requires short-term rental owners to register with the city, could siphon tens of millions of dollars in revenue from Airbnb when it goes into effect on Sept. 5 in New York City. Continue reading

Vrbo bookings suffer in Q2 as more travelers opt for hotels in 2023

The popular vacation-rental platform dragged down the results of its parent company Expedia Group in the second quarter of the year, according to an earnings call Thursday. Continue reading

Vrbo parent Expedia Group posts Q1 revenue gains as losses widen

Despite reporting its highest-ever first-quarter revenue, Vrbo parent Expedia Group reported losing $145 million in the first three months of the year, according to an earnings call on Thursday afternoon. Continue reading

Vrbo bookings grew in Q3 amid surge in short-term rental demand

Traveler bookings rose 12.5 percent, to $1.8 billion, in the third quarter compared to the same period a year earlier, according to an earnings call by parent company Expedia Group on Thursday. Continue reading

Real estate companies are about to tell us just how bad the downturn is

Many of the industry’s big companies are about to report their third-quarter earnings. The reports will offer the first in-depth look at how firms coped with a rapidly cooling market. Continue reading

Zillow accused of ‘wiretapping’ homebuyers’ visits to its website

The suit, one of several filed this month against the real estate search portal on similar grounds, argues that Zillow is breaking the law by recording the way consumers interact with its websites. Continue reading