|Bid||113.00 x N/A|
|Ask||113.34 x N/A|
|Day's range||110.48 - 111.84|
|52-week range||95.17 - 120.61|
|Beta (3Y monthly)||0.65|
|PE ratio (TTM)||38.50|
|Forward dividend & yield||1.14 (1.11%)|
|1y target est||N/A|
The Danish company said the online travel giants were in breach of competition rules by trying to maintain “artificially high price levels” for hotel rooms -- thereby potentially trying to keep their commissions high -- by preventing Nustay from offering lower prices. Nustay said Expedia and Booking.com downgraded hotels in their search rankings if a hotel’s prices were lower on a competing website, harming the hotels’ ability to land bookings. Hotels, in turn, are pressuring Nustay to raise prices so they wouldn’t lose more business on Booking and Expedia, it added.
So why would Amazon choose to reenter the travel industry through a seemingly loss-generating proposition, hawking already low-margin airline tickets via a Cleartrip partnership in the domestic Indian market? It sounds crazy, but Skift Research believes that airline tickets are a sensible entry point for a new Amazon foray into travel. Flights is a fairly […]The post Skift Analysis: Amazon's Travel Strategy Comes Into Focus appeared first on Skift.
Expedia and major hotel companies were already facing two federal lawsuits alleging that they conspired to stifle competition. Now they're also being investigated by Utah's attorney general.
Aiming to change that, Google will launch a more unified travel product to integrate flight and hotel search functions, while organizing people’s travel plans and saving research. Alphabet Inc.’s Google also plans to “surface” more travel data on Google Maps, and incorporate hotel and restaurant reservations for customers who are logged on. Google made the announcement Tuesday at a marketing conference in San Francisco.
A group of U.S. state attorneys general are investigating Expedia Group and hotel chains like Hyatt Hotels Corp and Marriott International Inc for alleged violations of antitrust law in online travel booking, according to a court filing. The filing in a state court in Utah relates to a dispute originally filed in Texas in which Travelpass accused the hotel chains last year of agreeing with each other, and with online travel groups like Expedia, to not advertise to consumers who searched for another company's hotel.
The office is investigating whether Expedia conspired with Marriott International Inc., Hilton Worldwide Holdings Inc. and other hotel companies to manipulate search advertising on Google, according to papers filed in state court in Utah last week. The allegations were raised in a lawsuit filed in December by TravelPass Group LLC, a Utah-based company that sells hotel room inventory through Google search ads.
President Donald Trump’s tweets threatening higher tariffs on Chinese goods have spooked investors, upending the recent earnings-related stock market gains.
Some analysts are uneasy because its short-term rental business, rebranded from HomeAway to Vrbo, is cooling. Vrbo’s gross bookings grew 5% in the first quarter, a sharp drop from 46% a year earlier.
Expedia Reported Mixed Q1 Earnings(Continued from Prior Part)Bullish recommendationsAnalysts’ rating on Expedia (EXPE) suggests that the stock could be an intriguing choice for investors. Analysts’ average target price on the stock reflects a
Expedia Reported Mixed Q1 Earnings(Continued from Prior Part)Higher revenuesExpedia’s (EXPE) first-quarter revenues increased 4% YoY (year-over-year) to $2.61 billion due to decent travel demand in the US market. The revenues also benefited from
Expedia Reported Mixed Q1 Earnings(Continued from Prior Part)Room night growthThe lodging business unit is still a major revenue growth driver for Expedia (EXPE). Accounting for 66% of the total revenues, the segment reported 7% YoY
Expedia Reported Mixed Q1 EarningsMixed resultsExpedia (EXPE) reported mixed first-quarter results after the markets closed on May 2. The company’s bottom line was better than analysts’ estimate, while the top line fell short of analysts’
Wall Street was looking for $2.69 billion, according to data compiled by Bloomberg. Revenue growth from Vrbo slowed to 14 percent. Bellevue, Washington-based Expedia has been struggling to chase rivals Airbnb Inc. and Booking Holdings Inc. in the fast-growing and lucrative market for short-term rentals with its HomeAway and Vrbo services.
The Bellevue, Washington-based company said it had a loss of 69 cents per share. Losses, adjusted for one-time gains and costs, came to 27 cents per share. The results surpassed Wall Street expectations. ...
The two media moguls arrange for Expedia to buy its controlling investor, Liberty Expedia in a bid to clean up a complicated ownership structure.
Jumia, an e-commerce superapp based in Nigeria, debuted last Friday on the public markets and raised $196 million. The company mainly helps 80,000 active merchants sell goods in 14 countries on the continent. Some investors called it an “Amazon for Africa.” Unlike Amazon, however, Jumia has made travel sales an essential part of its offering. […] The post Jumia IPO Highlights Africa’s Shifting Online Travel Ecosystem appeared first on Skift.
United Airlines has had relationships with JPMorgan Chase and Expedia Group for years, but on Wednesday the airline’s executives suggested both companies may need to improve their offers to maintain the carrier’s business. Simply put, it’s not 2009 anymore. Then, with airlines facing higher fuel costs and a recession, they would take cash anywhere they […] The post United Airlines Plays Hardball With Expedia and JPMorgan Chase appeared first on Skift.
The agreement will allow Expedia Group to simplify its corporate structure by acquiring Liberty Expedia Holdings.
Expedia’s super-voting stock structure has long been divided between two billionaire media moguls: John Malone and Barry Diller. Under terms of the deal announced Tuesday, each holder of Liberty Expedia shares will receive 0.36 of a share of Expedia Group common stock. Diller, Expedia chairman, is expected to wind up with about 29 percent of the voting power of the combined company.
Expedia, the online-travel company, said on Tuesday that it will buy out Malone’s Liberty Expedia (tickers LEXEA and LEXEB) in an all-stock transaction valued at $2.6 billion. Shares of Expedia rose 2 percent in early trading, its valuation already benefiting from the idea of having a less convoluted ownership. The move could even herald more deals like it from Malone, who turned 78 last month.