Expedia raises 2025 revenue forecast on strong business demand, shares rise

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AdvertisementAdvertisementBusiness07 Nov 2025 05:06AM (Updated: 07 Nov 2025 05:20AM) Bookmark Bookmark WhatsApp Telegram Facebook Twitter Email LinkedInRead a summary of this article on FAST.Get bite-sized news via a newcards interface. Give it a try.Click here to return to FAST Tap here to return to FASTFAST Online travel platform Expedia boosted its forecast for 2025 revenue growth, after beating Wall Street estimates for third-quarter profit, helped by strong demand from its business clients, sending its shares up nearly 10 per cent after the bell.The Seattle-based company now expects annual revenue to grow between 6 per cent and 7 per cent, compared to an earlier forecast range of 3 per cent to 5 per cent.Bookings in Expedia's B2B segment, which caters to corporate travel management firms, offline travel agents and financial institutions, rose 26 per cent to $9.38 billion during the third quarter."Notably, we grew room nights in the U.S. at the fastest pace in over three years," said Ariane Gorin, CEO of Expedia.Meanwhile, bookings in Expedia's direct-to-consumer segment, which includes its iconic Hotels.com and short-term rental platform Vrbo, rose 7 per cent to $21.34 billion.Expedia posted a third-quarter adjusted profit of $7.57 per share compared with analysts' estimate of $6.92 per share, according to LSEG compiled data.Total gross bookings for the third quarter came in at $30.73 billion, up 12 per cent from last year.Source: ReutersNewsletterWeek in ReviewSubscribe to our Chief Editor’s Week in ReviewOur chief editor shares analysis and picks of the week's biggest news every Saturday.Sign up for our newslettersGet our pick of top stories and thought-provoking articles in your inboxSubscribe hereGet the CNA appStay updated with notifications for breaking news and our best storiesDownload hereGet WhatsApp alertsJoin our channel for the top reads for the day on your preferred chat appJoin hereAlso worth readingContent is loading...Expand to read the full storyGet bite-sized news via a newcards interface. Give it a try.Click here to return to FAST Tap here to return to FASTFAST