All signs point to accommodation for Expedia
The accommodation business continues to drive revenues at Expedia as the group announced its third quarter results for the period ending September 2013.
There was no mention of the recent personnel shake-up at hotels.com on the earnings call but highlights of Q3 include:
• A 20% increase in room nights year-on-year driven by Expedia and Asia’s eLong while revenue increased 17% put down to the room night growth as well as advertising and media revenue. Domestic room nights increased 12% and international were up 28%.
• Revenue per available room night declined 7% and the company is expecting to see a continued decline because of a shift in the mix in certain markets, especially Asia, as well as discounting and other factors.
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