Expedia is set to release its Q4 2015 earnings on February 10th. On the back of its strategic investments and initiatives, the company has been demonstrating solid performance so far in 2015 and we expect the trend to continue in the fourth quarter as well. It is estimated that Expedia might be owning about 75% of the U.S. online travel market share post its Orbitz acquisition. Though online travel still enjoys a small portion of the total travel industry in the U.S. (and also across the world), the rising trend of digital bookings does speak of an even brighter future for Expedia in North America. The company’s gross bookings for the first nine months stood at ~$46 billion (17% Y-O-Y growth) surpassing even that of the biggest global OTA, Priceline (whose gross bookings stood at ~$44 billion). To offer a perspective, Priceline’s current market capitalization is around $49 billion while that of Expedia is only around $14 billion. Expedia’s top line grew by around 17% for the first nine months of 2015 to stand close to $5 billion. More importantly, its net income grew by over 130% during the same period to reach $74 million.

from Forbes – Tech http://ift.tt/1SfQYvP
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