Revenue of Expedia Group, Inc. worldwide 2017-2023, by business model
Expedia Group, Inc.'s global revenue grew by 10 percent in 2023 compared to the previous year. Overall, earnings from the merchant business model, which facilitates travel bookings from travel suppliers, amounted to roughly 8.8 billion U.S. dollars in 2023, exceeding the figures reported before the coronavirus (COVID-19) pandemic. Meanwhile, revenue from the agency business model totaled nearly 3.1 billion U.S. dollars in 2023, denoting an annual increase but remaining below pre-pandemic levels.