Expedia's Revenue Forecast Soars, Shares Surge

Expedias Q3 Performance Surges, Boosting 2023 Revenue Outlook: The online travel giant announced a significant revenue forecast increase for 2023, driven by robust business client demand and strong direct-to-consumer growth. Q3 results showed a 12% increase in total gross bookings, with a 26% jump in business-to-business segment bookings and a 7% rise in direct-to-consumer platforms. Adjusted profit per share exceeded expectations, highlighting a thriving travel market and Expedias successful strategy.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.