The summer sun is blazing on Wall Street, and so is the desire to profit from stocks that could benefit from increased travel worldwide. According to the World Travel & Tourism Council (WTTC), 2024 is projected to be a record-breaking year for travel and tourism, contributing $11.1 trillion to the global economy.Beyond the spotlight on large conglomerates, specific segments like booking platforms, recovering cruise operators, and leisure travel also offer ripe opportunities. With that information, investors ...

Expedia Group said Friday (July 12) that it will launch two new co-branded credit cards designed to complement its loyalty program, One Key.The new cards — the One Key Card and the One Key+ Card — will result from the online travel platform’s new multiyear agreement with Wells Fargo and Mastercard, the companies said in a Friday press release.Both cards will start accepting applications from U.S. customers later this summer, according to the release.“As we celebrate one year of One Key launching in the U.S. ...

Instant One Key tier upgrades, OneKeyCash™ introductory offers and generous earn rates on everyday purchases for cardholdersNEW YORK, July 12, 2024 /PRNewswire/ -- Expedia Group, Inc. (NASDAQ: EXPE) announces a multiyear agreement with Wells Fargo (NYSE: WFC) and Mastercard (NYSE: MA) to launch two new co-branded credit cards. Designed to complement One Key™, Expedia Group's groundbreaking loyalty program, the One Key™ Card and One Key+™ Card will both offer more flexibility, savings and perks for U.S. trav ...

Expedia Group Inc. (EPXE) is a travel company that primarily operates in online bookings. It owns and operates many websites, including hotels.com, travelocity.com, orbitz.com, vrbo.com and expedia.com. It has grown significantly to a market cap of over $14 billion since it was founded in the late 1990s. Earnings results The company reported first-quarter earnings after the market closed on May 2. It outperformed Wall Street expectations in regard to revenue (reported $2.89 billion versus $2.81 billion expe ...

Expedia Group (EXPE) is continuously gaining from a growing customer momentum on the back of its robust travel solutions portfolio.The latest partnership with Cathay is a testament to the aforesaid fact.Cathay will integrate Expedia’s White Label Template technology into its newly launched Cathay Holidays travel hub to expedite and customize travel booking and trip planning experiences of customers.Cathay partnership is expected to boost Expedia’s footprint in the travel and tourism market in Asia which as ...

Expedia says Rathi Murthy and Sreenivas Rachamadugu, respectively its CTO and senior vice president of core services product & engineering, are no longer employed at the travel booking company.In a statement shared with Bloomberg and elsewhere, Expedia said Murthy and Rachamadugu are “no longer employed at Expedia Group” due to an unspecified “violation of company policy.”“We’re actively searching to fill these roles and remain confident in our technology, strategy, and employees,” the company said. “Due to ...

Core Insights - Expedia Group has launched several new AI-powered products and features aimed at enhancing customer travel experiences, including an AI-based travel assistant named Romie [1] - The company introduced Travel Shops, a new storefront for sharing travel recommendations, and a travel media network to leverage first-party data for targeted advertising [2] - Partnerships with Afterpay and Philippine Airlines have strengthened Expedia's booking and planning portfolio, enhancing customer flexibility and access to travel services [3] Market Opportunities - The global travel and tourism market is projected to reach $927.3 billion in 2024 and $1.06 trillion by 2028, with a CAGR of 3.5% [4] - The online travel booking market is expected to grow to $1.18 trillion by 2030, with a CAGR of 9.7% from 2024 to 2030 [4] - The Zacks Consensus Estimate for Expedia's 2024 revenues is $11.86 billion, reflecting a year-over-year growth of 22.4% [4] Competitive Landscape - Expedia Group aims to strengthen its competitive position against peers like TripAdvisor, Airbnb, and Booking Holdings, all of which are also enhancing their offerings in the travel market [6] - Competitors are launching their own AI-powered features, such as TripAdvisor's itinerary generator and Booking Holdings' generative AI enhancements [7][8]

In an effort to get ahead of its competitors in the travel ecosystem, online travel agency Expedia said it will soon launch an AI assistant to bolster features like search, itinerary building, trip planning, and real-time updates like flight delays.The company, which runs a variety of online travel aggregators and metasearch engines, is debuting a bot named Romie that’s been trained on a mix of in-house and OpenAI models. The bot can help users search for hotels, build itineraries for their trips and make s ...

Expedia (EXPE) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.Over the past month, shares of this online travel company have returned -13.5%, compared to the Zacks S&P 500 composite's +1.3% change. During this period, the Zacks Internet - Commerce industry, which Expedia falls in, has gained 3.3%. The key question now is: What could be the stock's future direction?Although media repor ...

SEATTLE--(BUSINESS WIRE)--Expedia Group (NASDAQ: EXPE) will livestream the general session of EXPLORE 24, on May 14, 2024, at 10:30 a.m. PT. EXPLORE 24 is Expedia Group’s annual partner event where the Company will share new innovations focused on improving the complete travel experience for travelers and partners everywhere.The live webcast will be available here.The Zoom video of the general session will be posted to Expedia’s YouTube channel https://www.youtube.com/@ExpediaInc. ...