91 days ago • Posted by William Ramstein

Expedia sees negative revenue changes all of 2020

Expedia revenues fell 67% to $920 million, marking the fourth consecutive year-over-year decline. Analysts had projected sales of $1.1 billion, according to data compiled by Bloomberg. Gross bookings were $7.6 billion, also down 67% compared with a year earlier, the Seattle-based online travel giant said in a statement Thursday, barely an improvement from the previous quarter’s 68% decline. - Bloomberg