Expedia Q3 2021 Earnings Report
Key Takeaways
Expedia Group reported strong Q3 2021 results with net income and adjusted EBITDA nearly matching Q3 2019 levels. The company saw significant improvements across all lines of business, driven by Vrbo and domestic travel.
Expedia Group announced plans to unify its loyalty programs into a single program with more than 145 million members.
Expedia Group completed the sale of Egencia to American Express Global Business Travel on November 1 and is a minority shareholder in the combined entity.
Expedia Group completed the redemption of 100% of the outstanding shares of the Company’s Series A preferred stock issued in 2020 on October 15.
The company is feeling increasingly confident about a continued recovery with early positive signs in Q4 and many countries announcing new openings to international travelers.
Expedia
Expedia
Expedia Revenue by Segment
Expedia Revenue by Geographic Location
Forward Guidance
Expedia Group is seeing early positive signs in Q4 and are increasingly confident about a continued recovery with many countries announcing new openings to international travelers.
Revenue & Expenses
Visualization of income flow from segment revenue to net income