The firm reported total lodging bookings of $21M for the first quarter across all of its platforms
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
Traveler bookings rose 12.5%, to $1.8B, in the third quarter compared to the same period a year earlier, according to an earnings call by parent company Expedia Group on Thursday
Expedia Group's CEO said the short-term rental platform was 'a particular highlight' that helped the company's strong performance during the quarter