Expedia Group Inc on Thursday beat Wall street estimates for first-quarter revenue on record lodging bookings as travel returns to urban markets and international travel demand approaches pre-pandemic levels.
Expedia app is seen on a smartphone in this illustration taken February 27, 2022. REUTERS/Dado Ruvic/Illustrationon Thursday beat Wall street estimates for first-quarter revenue on record lodging bookings as travel returns to urban markets and international travel demand approaches pre-pandemic levels.
"As we've seen big cities come back. That favors our hotel business," Kern told Reuters. "What's good for the hotel business might be a little bit of pressure on Vrbo."
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