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亿客行Expedia Group Inc (EXPE) 2025年第三季度财报电话会议纪要「NASDAQ」(英文版)(14页).pdf

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1、REFINITIV STREETEVENTSEDITED TRANSCRIPTEXPE.OQ-Q3 2025 Expedia Group Inc Earnings CallEVENT DATE/TIME:NOVEMBER 06,2025/9:30PM GMTOVERVIEW:Company SummaryREFINITIV STREETEVENTS|Contact Us2025 Refinitiv.All rights reserved.Republication or redistribution of Refinitiv content,including by framing or si

2、milar means,is prohibited without the prior writtenconsent of Refinitiv.Refinitiv and the Refinitiv logo are registered trademarks of Refinitiv and its affiliated companies.CORPORATE PARTICIPANTSRob Bevegni Expedia Group Inc-Vice President of Investor RelationsAriane Gorin Expedia Group Inc-Chief Ex

3、ecutive OfficerScott Schenkel Expedia Group Inc-Chief Financial OfficerCONFERENCE CALL PARTICIPANTSEric Sheridan Goldman Sachs Group Inc-AnalystMark Mahaney Evercore Inc-Equity AnalystJustin Post Bofa Merrill Lynch Asset Holdings Inc-AnalystLee Horowitz Deutsche Bank AG-Research AnalystKen Gawrelski

4、 Wells Fargo Securities LLC-Equity AnalystJed Kelly Oppenheimer&Co Inc-AnalystConor Cunningham Melius Research LLC-Equity AnalystJacob Seed Cowen and Company LLC-AnalystDeepak Mathivanan Cantor Fitzgerald LP-Research AnalystNaved Khan B.Riley Securities Holdings Inc-Equity AnalystThomas Champion Pip

5、er Jaffray Inc-AnalystPRESENTATIONOperatorGood day,everyone,and welcome to the Expedia Group Q3 2025 financial results teleconference.My name is Alex,and Ill be the operator fortodays call.(Operator Instructions)For opening remarks,I will now turn the call over to VP,Investor Relations,Rob Bevegni.P

6、lease go ahead.Rob Bevegni-Expedia Group Inc-Vice President of Investor RelationsGood afternoon,and welcome to Expedia Groups third quarter 2025 earnings call.Im pleased to be joined on todays call by our CEO,Ariane Gorin;and our CFO,Scott Schenkel.As a reminder,our commentary today will include ref

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1. **业绩表现**:Q3 2025预订量增长12%,营收增长9%,调整后EBITDA利润率扩大超2个百分点,超出预期。 2. **业务亮点**: - 酒店预订间夜增长11%,美国增速为三年最快(高个位数增长),EMEA低双位数,其他地区高双位数(亚洲超20%)。 - B2B预订量增长26%(连续17个季度双位数增长),广告收入增长16%。 3. **战略进展**: - AI驱动产品优化(如个性化推荐、虚拟客服),提升用户体验和运营效率。 - 忠诚计划"One Key"活跃用户中个位数增长,推动复购和直接预订。 4. **财务指引**:上调全年指引,预计全年预订量增长约7%,营收增长6%-7%,EBITDA利润率提升约2个百分点。
AI如何助力增长? 酒店业务表现如何? B2B增长动力何在?
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