The latest announcement is out from Expedia ( (EXPE) ).
Expedia Group reported robust third-quarter 2024 results, with a notable 9% increase in booked room nights and a 7% rise in gross bookings compared to the previous year. The company also announced a CFO transition, with Julie Whalen stepping down by February 2025, ensuring a seamless changeover. Despite a 2-point negative impact from foreign exchange, revenue grew by 3%, driven by strong performances in both B2C and B2B segments. The company’s strategic focus continues to yield positive results, enhancing investor confidence.
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