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- Expedia shares soar on upbeat forecast, US travel rebound</p>
<p>Aishwarya JainAugust 8, 2025 at 7:24 PM</p>
<p>By Aishwarya Jain</p>
<p>(Reuters) -Shares of Expedia surged nearly 12% than on Friday, after the online travel agent raised its full-year gross bookings forecast and struck an optimistic tone on the recovery in U.S. travel demand.</p>
<p>Expedia is the latest travel company to hint at a rebound in demand, following weakness earlier this year when consumers fretted over the economic impact of President Donald Trump's tariff policies.</p>
<p>"Since the beginning of July, we've seen an uptick in overall travel demand, particularly in the U.S.," CEO Ariane Gorin said on the earnings call on Thursday.</p>
<p>The company expects 2025 gross bookings to grow between 3% to 5%, up 1 percentage point from its earlier forecast.</p>
<p>Morningstar analyst Dan Wasiolek expects bookings growth to accelerate further to 7% in 2026 as demand improves alongside policy visibility.</p>
<p>Tariffs had disrupted travel spending, "but it appears prospective U.S. travelers are prepared to book again," said Danni Hewson, head of financial analysis at AJ Bell.</p>
<p>Expedia has also been focusing on simplifying its organizational structure by eliminating roles, streamlining operations and deploying generative AI technology.</p>
<p>Its second-quarter margin grew by 190 basis points, surpassing the company's May guidance of a 75- to 100-basis-point increase.</p>
<p>The biggest fundamental takeaway is that Expedia's continued strategic focus and tighter expense controls are driving more consistent results, said Baird analyst Michael Bellisario.</p>
<p>Expedia also joined industry peers Marriott and Airbnb in noting strong bookings from higher-income consumers while lower-income consumers were more cautious with discretionary spending.</p>
<p>Expedia's shares trade at about 12.01 times their forward profit estimates, below the industry median of 14.19.</p>
<p>(Reporting by Aishwarya Jain in Bengaluru; Editing by Devika Syamnath)</p>
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