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Dec 31, 2020
Expedia Q4 2020 Earnings Report
Expedia faced significant negative impacts from COVID-19, with Q4 showing limited sequential progress despite vaccine approvals and holiday improvements.
Key Takeaways
Expedia Group's Q4 2020 results were significantly impacted by the COVID-19 pandemic, with a 67% decrease in revenue compared to Q4 2019. The company saw a slight moderation in gross booking declines in December but overall faced challenges due to rising cases and travel market shutdowns. Despite the difficulties, Expedia remains focused on reshaping and simplifying its business.
Room night growth decreased by 61% year-over-year.
Gross bookings declined by 67% to $7.567 billion.
Revenue decreased by 67% to $920 million.
Adjusted EBITDA was $(160) million, a significant decrease from $478 million in Q4 2019.
Expedia
Expedia
Expedia Revenue by Segment
Expedia Revenue by Geographic Location
Revenue by Segment
B2C Revenue
CapyFin.comB2B Revenue
CapyFin.comRevenue by Geographic Location
U.S. points of sale Revenue
CapyFin.comNon-U.S. points of sale Revenue
CapyFin.com Forward Guidance
No forward guidance was provided in the press release.
Revenue & Expenses
Visualization of income flow from segment revenue to net income