Consumers are still prioritizing travel.
Expedia Group (a stock we own!) raised its full-year revenue forecast after second-quarter gross bookings climbed 12%, well above analyst expectations.
Even with higher hotel prices, rising airfares and ongoing geopolitical uncertainty, demand for both leisure and business travel remained resilient.
The company also issued a stronger-than-expected outlook for the third quarter, signaling that travel demand could continue to build momentum.
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