Expedia's quarterly profit rises as US travel demand recovers
Over the past month, many travel companies, including United Airlines and Wyndham Hotels, reported a rebound in U.S. demand after President Donald Trump's tariff policies hurt travel spending in April.
The online travel platform's adjusted profit rose 21 per cent to $4.24 per share for the quarter, from $3.51 per share a year earlier.
Revenue for the quarter ended June 30, rose 6 per cent to $3.79 billion, compared to $3.56 billion, a year ago.
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