What a time it’s been for Expedia. In the past six months alone, the company’s stock price has increased by a massive 69.5%, reaching $186.59 per share. This performance may have investors wondering how to approach the situation.
Is now still a good time to buy EXPE? Or are investors being too optimistic? Find out in our full research report, it’s free.
Originally founded as a part of Microsoft, Expedia (NASDAQ:EXPE) is one of the world’s leading online travel agencies.
As an online travel company, Expedia generates revenue growth by increasing both the number of stays (or experiences) booked and the commission charged on those bookings.
Over the last two years, Expedia’s room nights booked, a key performance metric for the company, increased by 11.9% annually to 97.4 million in the latest quarter. This growth rate is strong for a consumer internet business and indicates people love using its offerings.
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