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Expedia cites lower demand for US travel for weaker-than-expected revenue

  • On May 9, 2025, Expedia Group announced that its first-quarter revenue fell short of expectations, primarily due to softer travel activity within the U.S. Market.
  • This decline follows a 3.3% drop in international visitor entries through March and falling American economic confidence for five consecutive months.
  • Expedia's net bookings into the U.S. Fell 7%, with Canadian bookings down nearly 30%, while Hilton and Airbnb noted similar declines in U.S. Travel demand.
  • CEO Ariane Gorin stated on a May 9 investor call that although demand for travel to the U.S. Remains subdued, there have been some shifts in travel patterns.
  • The slowdown suggests ongoing economic and tariff-related uncertainty will weigh on U.S. Travel, though some leaders remain optimistic about recovery later this year.
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The TrentonianThe Trentonian
+10 Reposted by 10 other sources
Center

More warning signs emerge for US travel industry as summer nears

By DEE-ANN DURBIN, Associated Press Expedia Group said Friday that reduced travel demand in the United States led to its weaker-than-expected revenue in the first quarter, and Bank of America said credit card transactions showed spending on flights and lodging kept falling last month. The two reports add to growing indications that the U.S. travel and tourism industry may see its first slowdown since the end of the COVID-19 pandemic fueled a per…

Associated Press NewsAssociated Press News
+21 Reposted by 21 other sources
Lean Left

Expedia cites lower demand for US travel for weaker-than-expected revenue

Travel technology company Expedia Group says reduced travel demand in the United States led to its weaker-than-expected revenue in the first quarter.

·United States
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themarketsdaily.com broke the news in on Thursday, May 8, 2025.
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