Expedia posts quarterly loss as pandemic pains linger

FILE PHOTO: The logo of global online travel brand Expedia is pictured at the International Tourism Trade Fair (ITB) in Berlin, Germany, March 9, 2016. REUTERS/Fabrizio Bensch

(Reuters) – Expedia Group Inc reported its fourth straight quarterly loss on Thursday, as the online travel agency’s bookings were dented by a resurgence in COVID-19 infections and renewed restrictions.

Net loss attributable to the company was $412 million, or $2.89 per share, in the quarter ended Dec. 31, compared with a profit of $76 million, or 52 cents per share, a year earlier.

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