Monday, August 10, 2020

Expedia Needs to Budget for This Trip

If Expedia Group builds it, will vacationers come? Wall Avenue appears to suppose so. Traders shouldn’t maintain their breath.

The web journey agent reported ugly outcomes for the second quarter on Thursday, which Chief Government Officer Peter Kern candidly known as “probably the worst quarter the journey trade has seen in trendy historical past.” Lowlights included room evening development down 81%, gross bookings down 90% and income down 82%, all on a year-over-year foundation.

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Elliott: Walker Buehler stays modest in his quest for greatness

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