The company reported total gross bookings of $27.5B, a 7% increase, fueled by an 8% rise in lodging bookings and a 10% growth in its hotel business
Despite Vrbo itself struggling, Expedia, the travel booking company that owns the short-term rentals platform, recorded $425M in profits during the third quarter
The popular vacation-rental platform dragged down the results of its parent company Expedia Group in the second quarter of the year, according to an earnings call Thursday