OTA marketing spend rises despite AI efficiency talk
In Q1 2026, major OTAs increased marketing spend. Booking Holdings invested $2.1 billion, up 16% YoY, representing 38% of revenue. Expedia Group's sales and marketing spend reached $1.9 billion, up 6% YoY, 54% of revenue. Airbnb invested $751 million, up 33% YoY, 28% of revenue. Despite AI-driven efficiency efforts, companies continue to boost spending to compete for customers and highlight direct channel growth.