Expedia: At 10x Price To Free Cash Flow, I'm Not Afraid Of AI

Core Insights - The stock prices of Expedia (EXPE) and Booking (BKNG), the two largest companies in the online travel agency (OTA) sector, have declined by nearly 25% since the beginning of the year due to fears surrounding artificial intelligence [1] Company and Industry Summary - Expedia and Booking are facing significant stock price declines, indicating potential challenges in the OTA sector [1] - The decline in stock prices reflects broader market concerns, particularly related to the impact of AI on the travel industry [1]