Expedia shares fall after soft US travel demand leads to revenue miss
Expedia joins its peers as the travel industry braces for a slowdown ahead of the peak summer season, with economic uncertainty — driven by the ongoing tariff war and elevated interest rates — weighing on consumer spending. At the end of April, hotel operator Hilton cut its annual forecast for room revenue growth, and vacation rental company Airbnb said earlier this month that the booking window was shortening, signaling consumer uncertainty and caution in travel spending. "It's all just a bit more pronounced in the case of Expedia with a bigger US presence than peers," said BTIG analyst Jake Fuller.