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e group Expedia Group Reports Third Quarter 2021 Results SEATTLE , WA - November 4 , 2021 - Expedia Group , Inc. ( NASDAQ : EXPE ) announced financial results today for the third quarter ended September 30 , 2021 . expedia " Despite continued volatility in the travel recovery , Expedia Group's net income and adjusted EBITDA for the quarter nearly matched our Q3 2019 levels driven by the superior performance from Vrbo and domestic travel along with improvements across virtually all lines of business . With early positive signs in Q4 and many countries announcing new openings to international travelers , we are feeling increasingly confident about a continued recovery , " said Peter Kern , Vice Chairman and CEO , Expedia Group . " We recently celebrated our 25th anniversary of forever changing travel . And as we come out of Covid , we are committed to once again charting an exciting new path for our customers , partners , and the entire travel ecosystem . " ● Key Highlights Expedia Group recently announced plans to unify its loyalty programs , consisting of more than 145 million members , into a single program spanning all global brands and products . Expedia Group completed the sale of Egencia to American Express Global Business Travel ( " GBT " ) on November 1. Expedia Group is a minority shareholder in the combined entity , which has a 10 - year lodging supply agreement with Expedia Partner Solutions . On October 15 , Expedia Group completed the redemption of 100 % of the outstanding shares of the Company's Series A preferred stock issued in 2020 . Financial Summary & Operating Metrics ( $ millions except per share amounts ) ( ¹ ) Metric Stayed room night growth Gross bookings Revenue Operating income ( loss ) Net income ( loss ) attributable to Expedia Group common stockholders Diluted earnings ( loss ) per share Adjusted EBITDA ( 2² ) Adjusted net income ( loss ) ( 2 ) Adjusted EPS ( 2 ) Free cash flow ( 2 ) Expedia Group , Inc. Q3 2020 Q3 2021 59 % $ 18,725 $ 8,631 ( 58 ) % 2,962 1,504 524 ( 113 ) 362 ( 221 ) $ 2.26 $ ( 1.56 ) 855 304 553 $ 3.53 ( 1,400 ) ( 31 ) $ ( 0.22 ) ( 995 ) Page 1 of 19 A Y / Y NM 117 % 97 % NM NM NM 181 % NM NM 41 % ( 1 ) All comparisons are against comparable period of 2020 unless otherwise noted . ( 2 ) " Adjusted EBITDA " ( Adjusted Earnings Before Interest , Taxes , Depreciation and Amortization ) , " Adjusted net income ( loss ) , " " Adjusted EPS " and " Free cash flow " are non - GAAP measures as defined by the Securities and Exchange Commission ( the " SEC " ) . See " Definitions of Non - GAAP Measures " and " Tabular Reconciliations for Non - GAAP Measures " on pages 11-19 herein for an explanation and reconciliation of non - GAAP measures used throughout this release . Expedia Group does not calculate or report net income by segment . Please refer to the " Glossary of Business Terms , " located in the Quarterly Results section on Expedia Group's investor relations website , for business and financial statement definitions used throughout this release