Robust growth in hotel bookings, an expanding presence in the international market and increasing mobile application downloads are factors that helped Expedia post solid quarterly growth despite the global economic slowdown. Expedia, one of the leading online travel agencies in the world, posted its Q3 2012 earnings on Thursday, October 25. Though net income registered an 18% decline, the company posted a 17% y-o-y growth in its revenue.
Robust growth in hotel bookings, an expanding presence in the international market and increasing mobile application downloads are factors that helped Expedia post solid quarterly growth despite the global economic slowdown. Expedia, one of the leading online travel agencies in the world, posted its Q3 2012 earnings on Thursday, October 25. Though net income registered an 18% decline, the company posted a 17% y-o-y growth in its revenue.
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