Core Viewpoint - Expedia's stock has surged following strong quarterly results, reflecting improved travel demand and positive investor sentiment [1][6]. Financial Performance - Revenue for the third quarter increased by 9% year-over-year, reaching just over $4.4 billion, surpassing Wall Street's estimate of $4.3 billion [3]. - Earnings per share were reported at $7.57, which is 23% higher than the previous year and 9% above the expected $6.95 [3]. Growth Metrics - The company experienced an 11% year-over-year growth in booked room nights, marking the fastest growth rate in over three years, driven by business-to-business sales [4]. Guidance Update - Management raised the full-year 2025 revenue growth guidance to 6%-7%, up from the previous forecast of 3%-5% [5]. - Gross bookings for the year are now expected to increase by 7%, compared to the earlier prediction of 3%-5% [5]. Market Reaction - The positive quarterly performance and revised guidance have led to a significant increase in stock price, with a 21% rise since November 5 [1][2].