The incremental margins data for Expedia is intresting. At 5.4% they're actualy doing better than some of the delivery platfroms but lagging behind Booking. Looks like their reinvestment stratgey into product is paying off without hurting profitability too much.
are you sure you have the right numbers for ABNB? how can absolute margin be so low?
it's EBITDA as a % of Gross Booking Value instead of Revenue, easier to do apples to apples across companies
The incremental margins data for Expedia is intresting. At 5.4% they're actualy doing better than some of the delivery platfroms but lagging behind Booking. Looks like their reinvestment stratgey into product is paying off without hurting profitability too much.