Expedia vs. Airbnb: How a $10,000 Bet Played Out Over 3 Years

As seen on the 24/7 Wall St. homepage on August 24, 2026.

the travel-booking battle · 3y
$10K invested in each — worth today:
EXPE$32.4K3.2×
ABNB$15.3K1.5×

Three years ago, $10,000 in Expedia is now $32,395. The same money in Airbnb: $15,251. Owning the disruptor cost you more than $17,000 versus owning the incumbent.

Continue ReadingShow less

Ignoring the incumbent cost investors dearly: the same $10,000 placed on August 24, 2023 grew to $32,395 in Expedia versus $15,251 in Airbnb.

Both stocks tested holders along the way, with Expedia dipping back toward its starting point and Airbnb trading below its own for extended stretches. Anyone who exited during those patches locked in losses instead of the gains that followed.

The incumbent online travel agency returned 3.24x over three years against the disruptor's 1.53x. Competitive storylines and investment returns do not always align.

Expedia's advantage widened in the closing stretch, leaving Airbnb less than halfway to its ending value. Investors in the travel-booking battle should judge whether that divergence holds.

Mentioned: EXPE, ABNB