Accommodation sales boost Expedia’s first-quarter revenue
Expedia’s bookings increased 15% during the first three months of the year, due largely to growth in HomeAway, Brand Expedia and Hotels.com.
Domestic bookings were up by 10% while international bookings rocketed 25% to $10.6 billion.
Revenue during the first quarter to the end of March was up 15%. Domestic revenue rose 8% while international revenue was up 23% to $1.2 billion.
Revenue from accommodation sales, including hotel and HomeAway revenue, increased 15%. Revenue from flight sales was up 11% following a 1% increase in bookings and a 10% increase in the value of each ticket sold.
Expedia said its selling and marketing expenses grew 19% from a year ago, driven in part by on- and offline marketing expenses for sites including Trivago, HomeAway and Hotels.com.
Linsey McNeill
Editor Linsey McNeill has been writing about travel for more than three decades. Bylines include The Times, Telegraph, Observer, Guardian and Which? plus the South China Morning Post. She also shares insider tips on thetraveljournalist.co.uk
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