Expedia: Strong Results, Improving US Demand, Raised Guidance,  And Attractive Valuation

Expedia's Q3 room nights rose 11% yearly, outpacing Airbnb and Booking, with the B2B segment up 26% and the B2C re-accelerating to 7%. AI-driven channel evolution and consolidated loyalty programs are expected to enhance customer acquisition efficiency and operating margins. Expedia continues to trade at a discount to peers, with further upside supported by margin expansion, limited leverage, and a clear path to EBITDA growth. #SlimScan #GrowthStocks #CANSLIM