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Expedia Group, Inc. (NASDAQ:EXPE – Get Free Report) saw a large growth in short interest in the month of March. As of March 15th, there was short interest totalling 6,010,000 shares, a growth of 5.4% from the February 29th total of 5,700,000 shares. Based on an average daily trading volume, of 2,550,000 shares, the short-interest […]
Diller, who was often found on the same gossip pages as Trump in the New York media seemed perplexed at Trump's ability to continue to operate what Diller unequivocally calls a "scam."
When asked if he thought all of the investors of Trump Social were being scammed, Diller replied: "I think they're dopes."
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Expedia's retail travel business generates big profits and continues to recover following the shock triggered by the COVID-19 pandemic.
The hotel distribution channel landscape is undergoing a seismic shift. Online travel agencies (OTAs) that once leveled the playing field for independent properties now dominate, their economic muscle squeezing hotel margins. Metasearch engines commoditize the search experience, making standalone properties indistinguishable. Meanwhile, the growth in alternative lodging threatens hotels' grip on the accommodations sector.