Advertising RevenueExpedia's advertising business remains a bright spot, with advertising and media growth accelerating to nearly 34% year-over-year growth, with management seeing opportunities to drive further growth.
Bookings GrowthManagement guided to 4Q bookings growth at 6-8%, above Street expectations of 4%, with improving air and VRBO trends aiding year-over-year growth.
Shareholder ValueEXPE's ongoing share buybacks are likely to help provide a floor to price, limiting potential downside.