EXPE · 10-Q · 2026Q2 · Full report

Market Demand Trends

Expedia Group, Inc. · 2026-08-06 · Importance 30 · Surprise 40

Expedia Group reported 12% growth in total gross bookings for both the second quarter and first six months of 2026. B2C growth was driven by sustained momentum in the United States, while B2B gross bookings grew globally, with Rapid API the largest contributor. Lodging room nights increased 6% in both periods, led by continued strength in B2B, while lodging revenue increased 13% in both periods. Travel demand in Europe was pressured by macroeconomic headwinds, reduced air capacity, and events in the Middle East and Mexico.