Expedia projects modest Q2 growth as travel demand stabilizes.

Expedia projects modest Q2 growth as travel demand stabilizes. The online travel platform reported strong Q1 results with bookings climbing 13 percent and revenue rising 15 percent, demonstrating resilience in consumer spending. Management maintained full-year guidance for margin expansion between 100 and 125 basis points, signaling confidence in operational efficiency gains. For the second quarter, Expedia expects gross bookings growth of 7 to 9 percent, a deceleration from Q1 but still solid amid economic uncertainty. The company's artificial intelligence initiatives and partnership with Uber are driving innovation in its platform. Investors are watching closely as travel sector dynamics shift and competitive pressures intensify in the online booking space.