|Bid||142.01 x 300|
|Ask||142.99 x 300|
|Day's Range||142.09 - 143.50|
|52 Week Range||96.58 - 145.77|
|PE Ratio (TTM)||72.37|
|Dividend & Yield||1.12 (0.79%)|
|1y Target Est||N/A|
U.S. online travel services company Expedia (EXPE.O) said on Tuesday it had started offering online booking for hotels in Communist-run Cuba, hoping to capitalize on a boom in tourism to the Caribbean island. Expedia joins a dozen U.S. airlines and cruise operators that have already ventured into the Cuban market since the United States announced a detente with its former Cold War foe in 2014 and eased travel and trade restrictions. The number of visitors to Cuba rose 13 percent to a record 4 million in 2016, driven by a 74 percent jump in U.S. travelers.
TripAdvisor is effectively pivoting its business, a big reason top- and bottom-line results have fallen short recently.
Expedia stock has been on a tear in recent months, jumping 24% since the start of the year. Expedia has historically trailed Priceline in its number of room-nights, or the number of hotel rooms it rents out multiplied by the length of time people stay in those rooms. Priceline has amassed a huge portfolio of rooms through partnerships with hotels around the world.