Google's AI Travel Tools Shake Up Online Travel Industry
Google launches AI-powered flight and hotel booking tools, causing stock drops for Booking Holdings, Expedia, TripAdvisor, and Airbnb as competition intensifies.
Google launches AI-powered flight and hotel booking tools, causing stock drops for Booking Holdings, Expedia, TripAdvisor, and Airbnb as competition intensifies.
Expedia (EXPE) beats Q3 profit estimates with 26% B2B growth and raises 2025 revenue forecast to 6-7%. Shares surge 14% on strong travel demand across business and consumer segments.
Lodging trends are negative. A sharp drop in international demand, especially in Europe, hurts Airbnb, Expedia, and Booking, according to Wedbush.