April 13, 2024
Expedia is benefiting as gross travel bookings are up online

Expedia is benefiting as gross travel bookings are up online

Travel websites roared back Thursday on soaring gross bookings.

Expedia Group Inc.’s EXPE stock initially sagged, then rebounded sharply and is now up 6.5% in extended trading Thursday after the online travel service reported a big jump in quarterly revenue and a 20% increase in gross bookings to $29.4 billion.

“The first quarter saw strong…

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