Expedia Adjusts 2024 Growth Forecast Amid Vacation Rental Challenges
Expedia, the prominent online travel agency, has revised its full-year revenue growth forecast for 2024, citing challenges in its vacation rental platform and underperformance in its business-to-consumer segment. This adjustment comes as gross bookings faced obstacles, impacting the company's overall revenue projections. The vacation rental unit experienced a notable drag, contributing to the downward revision [...]