Expedia CEO on Full-Year Forecast, Travel Demand and AI
Channel: Bloomberg Television
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Read a transcript preview of “Expedia CEO on Full-Year Forecast, Travel Demand and AI” from Bloomberg Television, uploaded on 2026-11-05.
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Language: English (original, creator captions)
[0:00] Shares of Expedia getting caught in the downdraft today. That's after reporting third quarter earnings. The
[0:06] k shaped economy playing a role in those results with the CEO, Ariane Gorin, saying on
[0:11] the conference call, as in previous quarters, we saw strength with more affluent consumers, and we
[0:16] wanna start there. She joins us now here in Studio 2 to talk a little bit
[0:19] more about that. And I do wanna start off with some of the top line numbers
[0:22] here because... And just to go through them, we're talking about 7% room night growth, 11%
[0:27] on the gross bookings, 12% on top line revenue, 17% on adjusted EBITDA growth. You raise
[0:34] your full year outlook. Your share should be up 13%, not down. What's going on?
[0:38] Well, look. Yeah. Who can ever explain explain what's going on? What I would say is
[0:42] we had a very strong third quarter. Mhmm. Demand was resilient. You see it in the
[0:46] numbers. As you said, we raised our full year guide. Now it's true that, you know,
[0:49] as we look into the fourth quarter, there is some moderation in demand. We often see
[0:55] that ahead of elections. And then in addition, there's the geopolitical events happening in The Middle
[1:00] East, some in Europe that have put some moderation in demand. But, you know, overall, travel
[1:05] sector's healthy. We're executing well, and it's an exciting time for us.
[1:09] Well, I am cur