1. Expedia Group reported over $104 billion in total gross bookings, marking a 10% increase from the previous year.
2. The firm achieved nearly $74 billion in accommodation bookings, showing an 11% growth rate.
3. The hotel sector specifically experienced a more rapid growth of 18%.
4. Expedia Group generated $12.8 billion in revenue, reflecting a 10% rise.
5. The company also produced $2.7 billion in EBITDA, with an EBITDA margin of 21%, which expanded at a faster rate of 14% compared to revenue.
6. This led to a nearly 75 basis point expansion in margin year-over-year.
7. The B2B sector witnessed over 33% growth in both top and bottom lines.
8. Total gross bookings amounted to $21.7 billion, a 6% increase compared to the previous year.
9. Gross bookings for accommodation saw an 8% growth.
10. The hotel sector experienced a more rapid growth of 13%.
11. The firm’s revenue of $2.9 billion set a new record high.
12. For the first quarter, the company anticipates gross booking growth to be in the low to mid single digits and revenue growth to be in the mid single digits.