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
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
The firm reported total lodging bookings of $21 million for the first quarter across all of its platforms. Continue reading
Despite Vrbo itself struggling, Expedia, the travel booking company that owns the short-term rentals platform, recorded $425 million in profits during the third quarter. Continue reading
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
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
Proptech’s banner year, a couple long-awaited IPOs, surging rent growth and more — here’s all the hot Property Portfolio news that hit the press in 2021. Continue reading
Expedia Group’s CEO said the short-term rental platform was “a particular highlight” that helped the company’s strong performance during the quarter. Continue reading