DigitalBooking Sites

Booking Boost at Expedia Leads to 52% Earnings Increase in Q2

Online travel agency Expedia reported second quarter earnings today that were a 52% increase over the same period last year.

Expedia reported a profit of $137.6 million on $1.49 billion in revenue compared to last year’s quarterly earnings of $90.5 million on $1.21 billion. Expedia says that gross bookings during the quarter rose 28% to $13.05 billion.

The $1.03 cents a share that Expedia reported compared favorably to the 76 cents a share analysts had forecast.

Destination Mexico: The Evolution of Luxury Travel

Luxury travelers are looking for more than just posh accommodations and generic pampering. Savvy suppliers and tourism organizations are capitalizing on the desire for authentic experiences, as the sharing economy continues to present new ways to connect travelers with local culture.

Read More

Next Story

Loading...

Loading...