Markets

Insider Trading

Hedge Funds

Retirement

Opinion

12 Best Alternatives to Expedia in 2024

In this article, we will take a look at the 12 best alternatives to Expedia in 2024. If you want to skip our detailed analysis, you can go directly to the 5 Best Alternatives to Expedia in 2024.

Tourism Industry: Recovering From a Global Pandemic

The pandemic gravely impacted the global tourism industry. In light of the travel ban and new restrictions, the inbound and outbound tourist flows in all countries dropped drastically. However, the industry is recovering quickly post-pandemic. According to a report by the United Nations World Tourism Organization (UNWTO), in 2023, international tourism was able to recover 88% of the pre-pandemic levels. The travel restrictions in place have created a pent-up demand that is now fuelling the growth of the market. In 2022, the number of international tourists was recorded to be 325 million. The number of international tourists increased by 34%, from 2022 to 2023, to reach 1.28 billion.

The tourist rates across various regions around the globe are recovering differently. The non-uniformity is caused by various factors including government policies, ease of traveling, and tourist attractions in the region. In 2023, the Middle East had the strongest tourism recovery rate and was able to surpass the pre-pandemic levels. In 2023, the number of international tourist arrivals in the Middle East was 22% ahead of the pre-pandemic levels. Europe was able to recover 94% of pre-pandemic levels in 2023, while Africa recovered 96% and the Americas recovered 90%.

The recovery of international tourist arrivals is adding to the global economy as well. In 2023, the estimates of tourism direct gross domestic product (TDGDP) point to $3.3 trillion. The TDGDP rate corresponds to 3% of the global GDP which is the same as the pre-pandemic level in 2019. The international tourism is expected to reach the pre-pandemic levels in 2024. Some estimates even suggest the surpassing of the pre-pandemic levels by 2% in 2024.

Online travel booking platforms provide unmatched ease when planning a trip. The deeper penetration of digital solutions including travel booking platforms and apps is expected to further the growth of the international tourism industry.

Major Players in the Online Travel Booking Space

Expedia Group Inc (NASDAQ:EXPE), Airbnb Inc (NASDAQ:ABNB), and Trip.com Group Ltd (HKG:9961) are among the most notable companies in the online travel booking industry.
Expedia Group Inc (NASDAQ:EXPE) offers a wide range of services including booking hotel rooms, airline seats, car rentals, and destination services through various brands including Vrbo. It is a giant in the travel and tourism industry. The company has grown significantly over the years, expanding its portfolio, acquiring new brands, and forming strategic partnerships to enhance the travel experience for its customers. On February 8, the company reported earnings for the fiscal fourth quarter of 2023. The company reported an EPS of $1.72, beating estimates by $0.02. The company’s revenue for the quarter grew by 10.28% and amounted to $2.89 billion, ahead of market consensus by $8.67 million. As of March 26, Expedia Group Inc (NASDAQ:EXPE) has surged nearly 36.28% over the past six months. Here are some comments from the company’s earnings call:
“Our fourth quarter results once again reflect another quarter of accelerating performance on the top and bottom line, with revenue and EBITDA growing double digits to record levels. This continued strong quarterly performance resulted in full year results at the highest levels we have ever seen across lodging bookings and overall revenue in EBITDA. For full year 2023, we delivered over $104 billion in total gross bookings, growing 10% versus last year, including almost $74 billion in lodging bookings, growing 11%, with the hotel business growing even faster at 18%. We drove $12.8 billion of revenue, growing 10%, and we also generated $2.7 billion of EBITDA, with EBITDA margin of 21%, which grew faster than revenue at 14%, and resulted in year-over-year margin expansion of almost 75 basis points. In addition, our B2C business saw meaningful sequential acceleration in year-over-year revenue growth in the back half of the year, and generated marketing leverage for the full year. “
Airbnb Inc (NASDAQ:ABNB) is an American company that operates an online marketplace for short- and long-term homestays and experiences. The company was founded in 2008. On March 4, Airbnb Inc (NASDAQ:ABNB) announced a variety of new features including verified listings and highlights for top homes. Under this new feature, 1.5 million listings across multiple countries are undergoing verification. The verification is expected to increase reliability and has been noted to reduce cancellations by the host. Host cancellations have decreased by over a third due to new tools and policies. Additionally, 100,000 low-quality listings have been removed since last year.
Trip.com Group Ltd (HKG:9961) is a Chinese-owned multinational travel service conglomerate with a rich history and a significant global presence. On January 22, rip.com Group Ltd (HKG:9961) announced a partnership with LATAM Airlines Group. The partnership entails implementing the New Distribution Capability (NDC) to enhance the travel experience for customers. This agreement aims to streamline ticketing processes, offering connectivity to over 144 destinations across 22 countries and regions. By adopting NDC standard technology, customers gain access to a wider range of airline offerings and ancillary services, along with detailed information on change and cancellation policies. The collaboration includes integrating a shopping engine for ticket sales and providing cost advantages to suppliers and customers.
Expedia is one of the most widely used travel booking apps in the world. As of March 26, the Expedia app has more than 50 million downloads on the Google Play Store and has more than 4.1 million reviews on the App Store. It is a giant in the online travel booking industry. However, there are a variety of different platforms as well. We have made a list of the best alternatives to Expedia, let’s now take a look at them.

12 Best Alternatives To Expedia In 2024

Our Methodology

To make our list of the best alternative to Expedia, we have used a consensus approach. We consulted more than 10 rankings online that listed the best alternatives to Expedia. We extracted the names that appeared in 50% of our sources. We then ranked our items based on the average customer ratings and total number of reviews across the App Store and the Google Play Store. The average customer rating is our primary metric and the total number of reviews is our secondary metric. The list has been arranged in the ascending order of the primary metric and the secondary metric has been employed as a tiebreaker.

It is important to note that we have only considered items with total reviews of more than 100,000 and a customer star rating of at least 4.6. The number of reviews and customer ratings are prone to change over time. The data we have collected is based on search results on March 26, 2024.

12 Best Alternatives to Expedia in 2024

12. TripAdvisor

Average Customer Ratings: 4.6

Total Number of Reviews: 1,786,200

The TripAdvisor app enables users to plan and book their trips with ease. The TripAdvisor app provides features including finding reviews, making reservations, and sharing travel experiences. It has an average customer rating of 4.6 across source platforms. The aggregate number of reviews across sources amounted to a staggering 1,786,200.

11. Trip.com

Average Customer Ratings: 4.65

Total Number of Reviews: 346,600

Trip.com is a travel app that offers a variety of services to help users plan and book their trips. The app also emphasizes data privacy and security practices, allowing users to request data deletion if needed. It is one of the best alternatives to Expedia. Trip.com has an average rating of 4.65 across sources. The total number of reviews across sources as of March 26 is 346,600.

10. Trivago

Average Customer Ratings: 4.65

Total Number of Reviews: 511,300

Trivago allows users to efficiently plan their trips. It offers hotel price comparisons where users can compare rates from over 1 million hotels and more than 250 booking sites worldwide. Trivago is known for its Trivago Rating Index (tRI) and Trivago Hotel Price Index (tHPI), which rank destinations and display average accommodation prices respectively. The average rating of Trivago across sources is 4.65.

9. Airbnb

Average Customer Ratings: 4.65

Total Number of Reviews: 2,201,600

Airbnb is an American company founded in 2008 by Brian Chesky. It is one of the best alternatives to Expedia. Airbnb offers a wide range of accommodation options, including vacation rentals, apartments, and unique stays. The platform allows hosts to list their properties and guests to book accommodations. Airbnb has an average rating of 4.65 across sources. The total number of reviews is a staggering 2,201,600 across sources.

8. Travelocity

Average Customer Ratings: 4.7

Total Number of Reviews: 519,000

Travelocity is an online travel agency offering services for booking hotels, flights, vacation packages, cars, and cruises. The platform allows users to search and book accommodations, flights, and activities. Travelocity also provides a booking tracker to manage past, current, and future bookings. The app has an average rating of 4.7 across the sources.

7. Booking.com

Average Customer Ratings: 4.7

Total Number of Reviews: 4,801,500

Booking.com is a prominent online travel agency that offers a wide range of travel and accommodation services globally. It was founded in 1996. It is one of the best alternatives to Expedia. It has an average rating of 4.7 across sources based on 4,801,500 reviews across sources.

6. Orbitz

Average Customer Ratings: 4.75

Total Number of Reviews: 439,100

Orbitz has a user-friendly interface to search and book flights, hotels, rental cars, and activities. Users can access the app on both Apple and Android devices. The app provides various features such as last-minute hotel bookings, free cancellation options, and exclusive mobile deals for savings on accommodations.

Click to continue reading and see the 5 Best Alternatives to Expedia in 2024.

Suggested Articles:

Disclosure: None. 12 Best Alternatives to Expedia in 2024 is originally published on Insider Monkey.

AI Fire Sale: Insider Monkey’s #1 AI Stock Pick Is On A Steep Discount

Artificial intelligence is the greatest investment opportunity of our lifetime. The time to invest in groundbreaking AI is now, and this stock is a steal!

The whispers are turning into roars.

Artificial intelligence isn’t science fiction anymore.

It’s the revolution reshaping every industry on the planet.

From driverless cars to medical breakthroughs, AI is on the cusp of a global explosion, and savvy investors stand to reap the rewards.

Here’s why this is the prime moment to jump on the AI bandwagon:

Exponential Growth on the Horizon: Forget linear growth – AI is poised for a hockey stick trajectory.

Imagine every sector, from healthcare to finance, infused with superhuman intelligence.

We’re talking disease prediction, hyper-personalized marketing, and automated logistics that streamline everything.

This isn’t a maybe – it’s an inevitability.

Early investors will be the ones positioned to ride the wave of this technological tsunami.

Ground Floor Opportunity: Remember the early days of the internet?

Those who saw the potential of tech giants back then are sitting pretty today.

AI is at a similar inflection point.

We’re not talking about established players – we’re talking about nimble startups with groundbreaking ideas and the potential to become the next Google or Amazon.

This is your chance to get in before the rockets take off!

Disruption is the New Name of the Game: Let’s face it, complacency breeds stagnation.

AI is the ultimate disruptor, and it’s shaking the foundations of traditional industries.

The companies that embrace AI will thrive, while the dinosaurs clinging to outdated methods will be left in the dust.

As an investor, you want to be on the side of the winners, and AI is the winning ticket.

The Talent Pool is Overflowing: The world’s brightest minds are flocking to AI.

From computer scientists to mathematicians, the next generation of innovators is pouring its energy into this field.

This influx of talent guarantees a constant stream of groundbreaking ideas and rapid advancements.

By investing in AI, you’re essentially backing the future.

The future is powered by artificial intelligence, and the time to invest is NOW.

Don’t be a spectator in this technological revolution.

Dive into the AI gold rush and watch your portfolio soar alongside the brightest minds of our generation.

This isn’t just about making money – it’s about being part of the future.

So, buckle up and get ready for the ride of your investment life!

Act Now and Unlock a Potential 10,000% Return: This AI Stock is a Diamond in the Rough (But Our Help is Key!)

The AI revolution is upon us, and savvy investors stand to make a fortune.

But with so many choices, how do you find the hidden gem – the company poised for explosive growth?

That’s where our expertise comes in.

We’ve got the answer, but there’s a twist…

Imagine an AI company so groundbreaking, so far ahead of the curve, that even if its stock price quadrupled today, it would still be considered ridiculously cheap.

That’s the potential you’re looking at. This isn’t just about a decent return – we’re talking about a 10,000% gain over the next decade!

Our research team has identified a hidden gem – an AI company with cutting-edge technology, massive potential, and a current stock price that screams opportunity.

This company boasts the most advanced technology in the AI sector, putting them leagues ahead of competitors.

It’s like having a race car on a go-kart track.

They have a strong possibility of cornering entire markets, becoming the undisputed leader in their field.

Here’s the catch (it’s a good one): To uncover this sleeping giant, you’ll need our exclusive intel.

We want to make sure none of our valued readers miss out on this groundbreaking opportunity!

That’s why we’re slashing the price of our Premium Readership Newsletter by a whopping 70%.

For a ridiculously low price of just $29, you can unlock a year’s worth of in-depth investment research and exclusive insights – that’s less than a single restaurant meal!

Here’s why this is a deal you can’t afford to pass up:

• Access to our Detailed Report on this Game-Changing AI Stock: Our in-depth report dives deep into our #1 AI stock’s groundbreaking technology and massive growth potential.

• 11 New Issues of Our Premium Readership Newsletter: You will also receive 11 new issues and at least one new stock pick per month from our monthly newsletter’s portfolio over the next 12 months. These stocks are handpicked by our research director, Dr. Inan Dogan.

• One free upcoming issue of our 70+ page Quarterly Newsletter: A value of $149

• Bonus Reports: Premium access to members-only fund manager video interviews

• Ad-Free Browsing: Enjoy a year of investment research free from distracting banner and pop-up ads, allowing you to focus on uncovering the next big opportunity.

• 30-Day Money-Back Guarantee:  If you’re not absolutely satisfied with our service, we’ll provide a full refund within 30 days, no questions asked.

 

Space is Limited! Only 1000 spots are available for this exclusive offer. Don’t let this chance slip away – subscribe to our Premium Readership Newsletter today and unlock the potential for a life-changing investment.

Here’s what to do next:

1. Head over to our website and subscribe to our Premium Readership Newsletter for just $29.

2. Enjoy a year of ad-free browsing, exclusive access to our in-depth report on the revolutionary AI company, and the upcoming issues of our Premium Readership Newsletter over the next 12 months.

3. Sit back, relax, and know that you’re backed by our ironclad 30-day money-back guarantee.

Don’t miss out on this incredible opportunity! Subscribe now and take control of your AI investment future!


No worries about auto-renewals! Our 30-Day Money-Back Guarantee applies whether you’re joining us for the first time or renewing your subscription a year later!

A New Dawn is Coming to U.S. Stocks

I work for one of the largest independent financial publishers in the world – representing over 1 million people in 148 countries.

We’re independently funding today’s broadcast to address something on the mind of every investor in America right now…

Should I put my money in Artificial Intelligence?

Here to answer that for us… and give away his No. 1 free AI recommendation… is 50-year Wall Street titan, Marc Chaikin.

Marc’s been a trader, stockbroker, and analyst. He was the head of the options department at a major brokerage firm and is a sought-after expert for CNBC, Fox Business, Barron’s, and Yahoo! Finance…

But what Marc’s most known for is his award-winning stock-rating system. Which determines whether a stock could shoot sky-high in the next three to six months… or come crashing down.

That’s why Marc’s work appears in every Bloomberg and Reuters terminal on the planet…

And is still used by hundreds of banks, hedge funds, and brokerages to track the billions of dollars flowing in and out of stocks each day.

He’s used this system to survive nine bear markets… create three new indices for the Nasdaq… and even predict the brutal bear market of 2022, 90 days in advance.

Click to continue reading…