In the second quarter, Expedia Inc achieved remarkable milestones. Lodging gross bookings soared to an unprecedented $19.2 billion, and revenue surged to $3.4 billion, setting new records for any second quarter. Notably, the company experienced significant earnings growth, with net income reaching $385 million, a substantial improvement from the $185 million net loss in 2022. This impressive performance also translated to a notable expansion in margins. Adjusted net income recorded a robust 38% increase to $428 million compared to the previous year. The second quarter also witnessed a record Adjusted EBITDA of $747 million, indicating a 15% growth and a 190 basis points margin expansion in comparison to 2022. Additionally, B2B revenue achieved an all-time high of $861 million, signifying a remarkable 32% increase over 2022. The company showcased strong financial health in the first half of 2023, generating $4.3 billion in net cash from operating activities and achieving $3.8 billion in free cash flow. Furthermore, Expedia Inc demonstrated its commitment to enhancing shareholder value by repurchasing approximately 12 million shares, amounting to a record $1.2 billion year-to-date.