Expedia Group reported Q3 2024 revenue of $4.06 billion, up 3% year-over-year, with operating income increasing 26% to $762 million. The company's B2B segment showed strong performance with 18% revenue growth, while total gross bookings rose 7% to $27.5 billion. Room nights booked increased 9% across its lodging business.The company's B2C segment revenue declined slightly by 1% to $2.78 billion, while trivago revenue decreased 11% to $102 million. Lodging remained the primary revenue driver, accounting for 82% of total revenue. The company maintained strong liquidity with $4.9 billion in cash and short-term investments as of September 30, 2024.During Q3, Expedia repurchased 3.1 million shares for $407 million under its $5 billion share repurchase program authorized in October 2023. The company recorded a $92 million charge related to an Italian VAT settlement reserve and recognized $6 million in restructuring charges as part of its organizational transformation efforts.

Expedia Group reported Q3 2024 revenue of $4.06 billion, up 3% year-over-year, with operating income increasing 26% to $762 million. The company's B2B segment showed strong performance with 18% revenue growth, while total gross bookings rose 7% to $27.5 billion. Room nights booked increased 9% across its lodging business.The company's B2C segment revenue declined slightly by 1% to $2.78 billion, while trivago revenue decreased 11% to $102 million. Lodging remained the primary revenue driver, accounting for 82% of total revenue. The company maintained strong liquidity with $4.9 billion in cash and short-term investments as of September 30, 2024.During Q3, Expedia repurchased 3.1 million shares for $407 million under its $5 billion share repurchase program authorized in October 2023. The company recorded a $92 million charge related to an Italian VAT settlement reserve and recognized $6 million in restructuring charges as part of its organizational transformation efforts.