Expedia Group's marketing spend has tripled from the year before and is now at pre-pandemic levels, according to the latest company reports.
The travel company's direct marketing spend reached $1,132m in Q3 2021, an increase of more than three times what was spent in the previous year. This is equivalent to a 13.0% increase from Q4 2019 - signalling that the company is returning to a pre-COVID-19 level of investment.
Clear signs of recovery are also shown in the company's revenue, which has almost doubled in the latest financial period to $2,962m. This is equivalent to a net...