Expedia Group Hits Record Q1 Profitability Amid AI Overhaul

Expedia Group reported its highest Q1 profitability in history, driven by an AI-focused overhaul. Adjusted EBITDA rose 83% year-over-year to $542 million, gross bookings reached $35.5 billion (up 13%), and revenue totaled $3.4 billion (up 15%). AI improved personalization, conversion, and operational efficiency. B2B revenue grew 25% to $1.2 billion. The company also announced a partnership with Uber to distribute hotel inventory.