Expedia Group (EXPE) reported better-than-expected third-quarter earnings, exceeding expectations on gross bookings and earnings. The company’s strong performance led to a surge in its share price and prompted analysts to raise their price targets on the stock.
Expedia Group (EXPE) is set to release its quarterly earnings on Thursday, November 7th, 2024. Analysts anticipate an EPS of $6.04, and investors will be looking for both earnings beat and positive guidance. This article provides a comprehensive overview of Expedia’s past performance, analysts’ sentiment, peer comparisons, and key financial metrics to watch ahead of the earnings release.
The Singapore Tourism Board (STB) and Expedia Group have formalized a comprehensive partnership aimed at driving the growth of Singapore’s tourism sector. The multi-year agreement will leverage Expedia Group’s travel media network and data to attract more visitors and boost tourism revenue.
World Travel Market London (WTM) 2024 is focusing on tackling the persistent travel tech challenges faced by travelers. The Technology Track, curated by Timothy O’Neil-Dunne, will feature sessions addressing issues with search, booking, and payment processes. Highlights include a fireside chat with Expedia Group’s Alfonso Paredes, quick-fire sessions on regional customer experiences, and a panel discussion on industry engagement with travelers.
Cathay Pacific’s Cathay Holidays platform has undergone a major revamp, powered by a new booking site developed in collaboration with Expedia Group. The enhanced platform provides travelers with a seamless experience, offering access to over 900,000 properties, 200,000 activities, and 250,000 destinations worldwide. Cathay’s goal is to become a top global service brand, and the new Cathay Holidays platform brings them closer to this vision by offering exclusive premium experiences, tailored travel options, and the ability to earn Asia Miles on bookings.
Emirates has announced new partnerships and expanded existing alliances at the Arabian Travel Market to enhance customer experiences. These collaborations focus on engaging a broader audience, catering to premium travelers’ preferences, and providing unique advantages throughout the travel journey.
