Expedia booked room nights up 6%, US growth fastest in 15 quarters
Expedia Group CEO reported an 8% rise in consumer bookings and a 6% increase in booked room nights, driven by the fastest U.S. growth in 15 quarters, while Europe remained under pressure.
EXPE
Total booked room nights rose 6% and consumer bookings increased 8%, the CEO said on a conference call.
The U.S. posted its strongest growth in 15 quarters, contrasting with pressured European travel, particularly outbound trips. In contrast, the Asia-Pacific region rebounded from Middle East-related disruptions earlier.
Source: First Squawk