Gross bookings of Expedia Group, Inc. worldwide 2005-2020

Due to the coronavirus (COVID-19) pandemic, the global gross bookings of Expedia Group, Inc. decreased significantly in 2020 over the previous year. In 2020, the company generated global gross bookings for 36.8 billion U.S. dollars, down from almost 108 billion U.S. dollars recorded in 2019.

Expedia's place in the global market

Over the years, Expedia has managed to retain its position as one of the leading online travel agencies (OTAs) around the globe. In 2019, it accounted for 35 percent of all OTA revenue worldwide, with more than half of the company's global revenue in that year coming from its customers in the United States. That being said, competitor Booking Holdings held the highest share of the market in 2019.

Online travel market

With the growth of the internet, more travelers are choosing to organize flights and accommodations online, as shown by the revenue generated by the leading online travel agencies in the market in 2019. This internet usage has extended to applications that consumers can use on their devices. Among those who downloaded a travel application, 64 percent used the app to search for flights and accommodation.