Expedia Group, Inc. - statistics & facts

Expedia Group, Inc. is an American travel company headquartered in Seattle, Washington. Founded in 1996, Expedia was initially a division within Microsoft operating solely as an online travel agency. Online travel agencies, or OTAs, have become increasingly widespread in the last decade and are a major part of the travel agency industry. Consumers who use OTAs can book trips online themselves, as opposed to visiting a brick-and-mortar travel agency. Expedia has grown to become one of the leading online travel agencies worldwide. Currently, its subsidiaries consist primarily of travel fare aggregator websites, such as Expedia.com, Vrbo, Hotels.com, CarRentals.com, CheapTickets, Hotwire.com, Orbitz, Travelocity, and trivago.

Is Expedia recovering from the impact of the coronavirus (COVID-19) pandemic?

Due to the impact of the coronavirus (COVID-19) pandemic on the tourism industry worldwide, Expedia and other major OTAs reported significant losses in 2020 as countries across the globe restricted international travel to curb the spread of the virus. After dropping sharply with the onset of the health crisis, the global revenue of Expedia Group, Inc. showed strong signs of recovery in 2022, bouncing back to nearly 11.7 billion U.S. dollars and almost catching up with pre-pandemic levels. That year, the earnings generated from lodging, Expedia’s most profitable segment, even surpassed the figure recorded in 2019. As the company’s revenue rose significantly in 2022, selling and marketing expenses of Expedia Group, Inc. worldwide followed a similar trend, peaking at over six billion U.S. dollars. Despite the substantial cost increases, Expedia’s net income amounted to over 350 million U.S. dollars in 2022, following a net loss of around 2.6 billion U.S. dollars in the first year of the COVID-19 pandemic.

Expedia Group, Inc. in the U.S. market

As an American-based company, U.S. consumers make up a large part of Expedia’s customer base. In 2022, Expedia Group, Inc.’s revenue in the U.S. accounted for over two-thirds of the company’s total income. Meanwhile, according to Statista Brand Profiler, Expedia was the travel portal with the highest brand awareness in the United States that year. That said, the competition in the online travel market is fierce, as the company’s biggest competitors include travel giants such as Booking Holdings, Airbnb, and Trip.com. Based on the Statista Global Consumer Survey, Booking.com was the main brand for hotel and private accommodation online bookings in the U.S. in 2022. On the other hand, when looking at the leading brands for flight search engine online bookings in the United States, Expedia ranked first, with around three in ten survey respondents mentioning having booked a flight via that website.
This text provides general information. Statista assumes no liability for the information given being complete or correct. Due to varying update cycles, statistics can display more up-to-date data than referenced in the text.
Published by Statista Research Department, Feb 15, 2023

Key insights

Revenue of Expedia Group, Inc. worldwide
11.67bn USD
Selling and marketing expenses of Expedia Group, Inc. worldwide
6.1bn USD
Net income of Expedia Group, Inc. worldwide
352m USD
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Editor’s Picks Current statistics on this topic

Market cap of leading online travel companies worldwide as of December 2022 (in million U.S. dollars)

Online Travel Market

Leading online travel companies worldwide 2022, by market cap

Leading online travel agencies (OTAs) worldwide from 2019 to 2021, by revenue (in billion U.S. dollars)

Online Travel Market

Revenue of leading online travel agencies (OTAs) worldwide 2019-2021

Revenue of Expedia Group, Inc. worldwide from 2007 to 2022 (in billion U.S. dollars)

Online Travel Market

Revenue of Expedia Group, Inc. worldwide 2007-2022

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