Expedia Group Inc.
Expedia Group Reports Q4 2024 Results and Declares Dividend
Summary
Expedia Group, Inc. announced its financial results for Q4 and full-year 2024, showcasing significant growth in room nights, gross bookings, and revenue. The company reported a 124% increase in net income for Q4 and reinstated its quarterly dividend of $0.40 per share, payable in March 2025. Adjusted EBITDA increased by 21%, and the company repurchased over 12 million shares for $1.6 billion in 2024.
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About Expedia Group Inc.
Expedia Group Inc. is a leading global travel service company that empowers tourists and travelers to plan and book comprehensive travel experiences. The company's primary purpose is to facilitate travel arrangements through an extensive online platform, offering services such as airline tickets, hotel reservations, car rentals, and vacation packages. With a broad portfolio that includes brands like Expedia.com, Hotels.com, Vrbo, and Trivago, Expedia Group caters to diverse travel needs across leisure and business travel segments. It operates in various industries, impacting sectors such as travel and tourism, hospitality, and e-commerce. By leveraging cutting-edge technology, Expedia Group provides users with personalized recommendations and streamlined booking processes. With significant market presence and partnerships with travel suppliers worldwide, Expedia Group is a pivotal player in the travel industry, aiming to revolutionize how people experience travel by making it more accessible, efficient, and enjoyable.
Official SEC Documents
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