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US travel demand drops as Expedia reports lower revenue, flights cut due to fewer bookings.
US travel demand has dipped, with Expedia Group reporting weaker-than-expected revenue in the first quarter.
The company, which owns platforms like Hotels.com and VRBO, attributed the decline to reduced travel demand both domestically and from international visitors.
Bank of America data also showed a drop in spending on flights and lodging, and US airlines are reducing flights due to fewer leisure bookings.
Economic uncertainty and concerns over tariffs are cited by the US Travel Association as contributing factors.
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La demanda de viajes de EE.UU. cae a medida que Expedia informa de menores ingresos, reducción de vuelos debido a menos reservas.