Lodging trends and consumer behavior contribute to downturn in travel trends — Wedbush
Sep. 30, 2025 11:50 AM ETExpedia Group, Inc. (EXPE) Stock, ABNB Stock, BKNG StockBy: Amy Thielen, SA News Editor
Comments
Wedbush’s travel data for the quarter ending in September has shown that near-term lodging trends are more negative compared to current estimates, weighed down by contracting international demand and sluggish domestic trends.
Consumer behavior is also contributing to the downturn
Quick Insights
Weakening travel demand is leading to decelerating revenue and room night growth, prompting a Neutral analyst rating and modest target price upsides for Booking Holdings and Airbnb, but slight downside for Expedia.
Declining European inbound travel tightens booking windows, reduces international demand, and weighs on the performance and growth outlook, especially impacting Airbnb and Booking Holdings with substantial European exposure.
Recent travel and booking data are showing softer demand than management guidance, pointing to room night growth and revenues trending below estimates for all three companies.
Recommended For You
More Trending News
Related Stocks
SymbolLast Price% Chg
BKNG
BKNG
—
EXPE
EXPE
—
ABNB
ABNB
—
1D
5D
1M
6M
1Y
5Y
10Y
Trending Analysis
Trending News