Expedia Cuts Full-Year Outlook as US Travel Demand Falters

Expedia Group Inc. cut its full-year outlook for gross bookings and revenue after it saw weaker-than-expected domestic and inbound travel demand in the US at the start of the year.

Gross bookings and revenue are now expected to grow 2% to 4% in 2025, Chief Financial Officer Scott Schenkel said on an earnings call. The company had projected 4% to 6% growth in February. It also issued first-quarter results and a second-quarter outlook that missed Wall Street estimates.