The theme of rising costs for US online travel businesses – see TripAdvisor – has continued with Expedia’s second quarter results. Technology and content expenses were up 24%, cost of revenue grew 17%, general and admin expenses increased 13%, while selling and marketing rose 11%.

Consequently profit dropped $35m to to $105m year on year. But there were plenty of positives for Expedia, which sold a record 30m hotel room nights during the quarter and analysts have upgraded the company, which has performed well on the stock exchange this year. See Expedia earnings release.

Share and Enjoy: