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Travelers check American Airlines flight information screens for their flight status at O’Hare International Airport in Chicago, Wednesday, Feb. 22, 2023. Associated Press File Photo
Expedia Group said Friday that reduced travel demand in the United States led to its weaker-than-expected revenue in the first quarter.
Expedia, which owns the lodging reservation platforms Hotels.com and VRBO as well as an eponymous online travel agency, was the latest American company to report slowing business with both international visitors and domestic travelers.
Airbnb and Hilton noted the same trends last week in their quarterly earnings reports. Most major U.S. airlines pulled their full-year financial guidance in April and said they planned to reduce scheduled flights, citing an ebb in economy passengers booking leisure trips.
The U.S. Travel Association has said that…
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