EXPE · 10-Q · 2026Q2 · Full report

Lodging Marketplace Growth

Expedia Group, Inc. · 2026-08-06 · Importance 49 · Surprise 32

Lodging represented 79% of Expedia Group’s worldwide revenue in the second quarter of 2026. Room nights booked increased 6%, while Expedia Group ADRs booked increased 5% in the quarter. As of June 30, 2026, the marketplace offered approximately 3.9 million lodging properties, including 2.6 million online-bookable alternative accommodations through Vrbo and 1.3 million hotels and alternative accommodations through other brands. Expedia reduced economics in certain geographies and increased loyalty discounts and couponing to drive room-night growth, which pressured revenue per room night and profitability in some cases.

Key facts