Expedia Group:  Advancements in GenAI and Personalized Travel Experiences!

Expedia Group’s Q1 2024 performance reflected a primarily healthy market environment, but growth differed according to geographical area and product line. Notably, North America had the slowest growth compared to other major international markets. Additionally, despite meeting projections on revenue and EBITDA, Expedia experienced weaker gross bookings, with its Vrbo business producing slower recovery than anticipated. This outcome prompts a reduced yearly guidance to mid- to high single-digit top-line growth. The group’s first-quarter EBITDA was $255 million, a 38% increase YoY with an EBITDA margin of 8.8%.