May 9, 2025
Expedia‘s recent financial performance has raised concerns as the company fell short of Wall Street’s revenue expectations for the first quarter. According to a report, the online travel platform cited weaker demand in the U.S. as a key factor, amid a backdrop of economic uncertainty and cautious consumer spending.
The Seattle-based company reported revenue of $2.98 billion for the quarter ending March 31, slightly below the anticipated $3.01 billion. Despite this shortfall, Expedia managed to exceed profit expectations with an adjusted profit of 40 cents per share, compared to analysts’ projection of 32 cents per share. Total gross bookings for the quarter reached $31.45 billion, marking a 4% increase from the previous year, while booked room nights rose by 6% to 107.7 million.
Expedia’s performance reflects a broader trend in the travel industry, where domestic demand in the U.S. is softening. This is largely attributed to…
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