Expedia Q3 Hotel, Airline Trends Called ‘Encouraging’

By | August 25, 2014

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Expedia (EXPE) air-ticket volume, hotel-room bookings and average rates all look positive this quarter, FBR Capital said in retaining its outperform rating on Expedia stock. “We see 25% room night growth in July for Expedia vs. 23% in June,” FBR analyst Jake Fuller said in a research note Monday. “Expedia’s domestic ticket volume growth ramped from 39% in June to 41% in July. “While August is the biggest month of Q3, the July trends point to Scalper1 News

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