More on Expedia's (EXPE) Q3 report: Transactions +9% Y/Y to 19.8M, gross bookings +11% to...

|By:, SA News Editor

More on Expedia's (EXPE) Q3 report: Transactions +9% Y/Y to 19.8M, gross bookings +11% to $7.62B. Revenue growth driven by 16% growth in hotel bookings and 7% increase in average hotel rates. Air travel revenue was down 5%. Revenue as a percentage of gross bookings rose 37 bps Q/Q to 13.4%.  EXPE -0.6% AH. (.pdf)