Expedia Group

Expedia Group, Inc. (NASDAQ: EXPE) operates as a global travel marketplace connecting travelers, suppliers, and advertisers through a portfolio of trusted brands and advanced technology platforms. The company maintains its corporate website at www.expediagroup.com and serves as one of the world's largest online travel companies, though its gross bookings represent only a single-digit percentage of the estimated $2 trillion global travel market, indicating substantial growth opportunity.

The company operates through three primary reportable segments. The B2C segment provides consumer travel and advertising services through recognized brands including Expedia, Hotels.com, Vrbo, Orbitz, Travelocity, ebookers, and Wotif Group, with the company concentrating marketing efforts on its three core consumer brands. The B2B segment serves airlines, offline travel agents, online retailers, corporate travel management companies, and financial institutions through technology solutions including the Rapid API, white label offerings, and the Expedia Travel Affiliate Agent Program. The trivago segment, a majority-owned hotel metasearch company listed on Nasdaq, generates advertising revenue by referring customers to online travel companies and service providers.

For the year ended December 31, 2025, Expedia Group generated total revenue of $14.7 billion, with merchant model transactions accounting for 70 percent of revenue, agency model transactions representing 22 percent, and advertising and media comprising 8 percent. The company provides access to approximately 3.6 million lodging properties, including 2.4 million alternative accommodations through Vrbo, over 500 airlines, rental cars, cruises, packages, activities, and experiences.

As of December 31, 2025, Expedia Group employed approximately 16,000 people across nearly 50 countries, with roughly half working in technology roles. The company operates through a unified platform infrastructure that enables scalable services across its brand portfolio while maintaining distinct value propositions for each consumer brand. The company recently launched One Key, a unified loyalty program enabling cross-earning and cross-redemption across Expedia, Hotels.com, and Vrbo, expanding its direct customer relationships and repeat business capabilities.