Expedia Group, Inc. (NASDAQ:EXPE) Deutsche Bank Technology Conference Call August 29, 2024 5:45 PM ET Company Participants Ariane Gorin - CEO Conference Call Participants Lee Horowitz - Deutsche Bank Lee Horowitz I think that's our queue. So thanks so much for joining us. We're delighted to be closing out our 2024 Deutsche Bank Technology Conference today with Ariane Gorin, the new CEO of Expedia Group. Prior to her role as CEO, Ariane has held multiple executive leadership roles at Expedia over 11 years, m ...

Core Insights - Travel companies are adapting their strategies to enhance customer engagement and bookings in response to changing consumer spending behaviors due to inflation [1][3][4] Group 1: Company Strategies - Expedia is enhancing its One Key loyalty program with a co-branded credit card and expanding its global reach to boost cross-brand engagement [1] - Airbnb is focusing on unique experiences by introducing features like Guest Favorites and Airbnb Icons to increase customer engagement [1][6] - Booking Holdings is expanding its Genius loyalty program across accommodations, flights, and car rentals to drive customer engagement [1][8] Group 2: Changes in Consumer Spending - A report indicates that U.S. families are changing their spending habits, with parents reducing discretionary spending despite higher incomes [3] - Married parents with children earning over $100,000 have cut retail purchases from an average of $147 in 2022 to $114 in 2024 [3] - Parents with children have reduced travel spending by 11% year-over-year, while childless households have increased their travel expenditure, averaging $620 annually [4] Group 3: Loyalty Programs and Customer Engagement - Expedia's One Key loyalty program has attracted new travelers, with nearly 30% of those redeeming rewards on Vrbo being new users [5] - Airbnb has seen over 150 million nights booked at highly rated listings since launching Guest Favorites, indicating strong customer engagement [7] - Booking Holdings' Genius loyalty program has resulted in a higher direct booking mix, with nearly 30% of active travelers in higher tiers [8][9]

The reasons behind the August market meltdown are numerous and are already moving into the rearview mirror of investors. A coolish reading in the July producer price index (PPI) has investors putting their foot on the gas to get ahead of the Federal Reserve cutting interest rates. It’s also a reason to consider investing in travel stocks.One rate cut, even if it’s one of 50 basis points, which the experts seem to favor, won’t do much to relieve pressure on consumers right now. But the markets are forward-th ...

JHVEPhoto/iStock Editorial via Getty Images It's been a surprising earnings season so far in Q2, where many high-flying stocks have been pummeled and rebound plays have unexpectedly stepped into the spotlight. Such was the case for Expedia (NASDAQ:EXPE), the online travel giant that has been beleaguered by softer trends at its home-sharing subsidiary Vrbo and lost tremendous market value this year. But in Q2, Expedia pulled off a much-needed turnaround. Whereas rivals Booking.com (BKNG) and Airbnb (ABNB ...

Jon Lovette/DigitalVision via Getty Images Although Expedia Group stock (NASDAQ:EXPE) is here at an attractive valuation with a forward PE of around just 11, the company is showing many bad signs that imply an impossibility of getting real growth. In my view, the stock is not a buy, but due to uncertainty and the relatively low valuation, it is nothing more than a hold. Data by YCharts Expedia brief business model Expedia, as presented in its 10K filing, is an online travel company. It offers around 3 m ...

Key TakeawaysThe S&P 500 gained 0.5% on Friday, Aug. 9, 2024, closing out a week of dramatic stock market fluctuations driven by concerns about the U.S. economy.Expedia shares jumped as international demand helped the travel platform operator top second-quarter sales and profit forecasts.Insulet shares dropped after the insulin pump maker suggested new user growth could be lower than previously expected in the second half of 2024. The S&P 500 and the Nasdaq added around 0.5% on Friday, wrapping up a volatil ...

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...

A slowdown is coming, but there are reasons the stock can keep going.Shares of Expedia Group (EXPE 9.27%) were climbing today after the company posted better-than-expected results in the second quarter and investors looked past modest guidance for the third quarter.As of 1:48 p.m. ET, the stock was up 10.1% on the news. Expedia benefits from low expectationsLike other online travel agencies including Booking Holdings and Airbnb, Expedia reported slowing growth as consumer spending on travel slows.However, a ...

Expedia Group, Inc. (EXPE) delivered second-quarter 2024 adjusted earnings of $3.51 per share, which rose 21% year over year. The figure surpassed the Zacks Consensus Estimate by 10.7%.Revenues of $3.56 billion rose 6% year over year. The figure surpassed the Zacks Consensus Estimate by 0.6%.Year-over-year revenue growth was driven by solid momentum across B2B, Brand Expedia and Advertising. Strength in lodging offerings and growing momentum across non-U.S. regions contributed well.Growing gross bookings, o ...

Shares of Expedia Group Inc EXPE skyrocketed in early trading on Friday, after the company reported upbeat second-quarter earnings.The results came amid an exciting earnings season. Here are some key analyst takeaways.Goldman Sachs On Expedia GroupAnalyst Eric Sheridan maintained a Buy rating, while raising the price target from $182 to $200.Expedia reported "solid" second-quarter results, with higher-than-expected gross bookings that were "driven more by room nights than ADRs," Sheridan said in a note. The ...