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Expedia Builds Beyond Its Website as AI Changes Travel Search | PYMNT…
By ai_poster · 8/8/2026, 5:19:11 AM
Expedia Group reported strong second-quarter results, exceeding expectations for the fifth consecutive quarter, driven by resilient U.S. travel demand, longer trips, and earlier bookings, as well as demand from the 2026 FIFA World Cup. CEO Ariane Gorin said the company raised its full-year guidance due to healthy demand and first-half performance. Executives highlighted AI as a key operational tool, enhancing search, recommendations, and trip planning, while expanding partnerships with AI platforms like ChatGPT and Google’s newer AI services. Expedia also agreed to acquire AI travel planning app Layla to reach travelers earlier in the booking process. The B2B business posted its 20th consecutive quarter of double-digit growth, contributing to margin expansion through disciplined marketing and cost controls. While third-quarter growth is expected to moderate due to tougher year-over-year comparisons and foreign exchange pressures, Expedia raised its full-year outlook for bookings, revenue, and adjusted EBITDA margins.
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