Expedia Group (EXPE) Earnings Preview: What to Expect on November 7th

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.

AirAsia MOVE Continues to Offer Unbeatable Low Fares for AirAsia Flights

AirAsia MOVE, the online travel agency of Capital A, continues to provide exclusive and unbeatable low fares for AirAsia flights through its platform. With a wide range of domestic and ASEAN destinations covered, AirAsia MOVE offers one-way tickets starting from just RM39, inclusive of all fees. The AirAsia MOVE app provides key features such as seamless booking, check-in options, and rewards through the AirAsia Rewards loyalty program. By leveraging AirAsia MOVE’s innovative features, customers can enhance their overall travel experience with convenient booking and cost-saving options.

WINGIE Expands its Reach to South Asia, Enters the Indian Market

WINGIE, a leading Online Travel Agency (OTA), has announced its strategic entry into the Indian market. This expansion is part of WINGIE’s ongoing growth strategy and its commitment to enhancing the flight booking experience for travelers. The platform will offer a customized booking experience tailored to the cultural nuances and preferences of Indian customers, including prices displayed in local currency and a straightforward reservation process.

Airbnb’s AI-Powered Sponsored Listings Boost Growth Prospects

Airbnb Inc. (ABNB) is leveraging artificial intelligence (AI) to disrupt the online travel agency (OTA) industry, with sponsored listings offering ‘meaningful’ upside to its earnings. According to Mizuho Securities, the company’s analyst James Lee has upgraded Airbnb from Neutral to Buy, raising the price target from $150 to $200. Lee projects nearly 15% EBITDA upside in the long term from sponsored listings, which he views as a ‘natural extension’ of Airbnb’s business. This upside potential stems from the low take-rate currently modeled by analysts, with a 1% advertising take-rate alone yielding significant upside. Despite a downward revision in room night growth expectations, Lee sees opportunities for Airbnb to beat estimates through increased demand from the Summer Olympics and market share gains from rising hotel prices.

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