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Expedia Group which also owns Hotels.com, projected full-year revenue growth in the mid-to-high-single digit percentage range down from a prior forecast of double-digit growth.
Travel companies are tempering expectations for 2024, a sign that demand is expected to grow more slowly this year.
Travel companies are adjusting their forecasts for 2024, indicating an anticipation of slower growth in demand compared to previous expectations.
The exact number of remaining employees at Expedia is unknown, but its LinkedIn page shows the company has more than 10,001 workers and over 21,800 of them are on the recruitment platform.