(Reuters) -Shares of Expedia rose 15.8% in premarket trading on Friday after the online travel agent forecast higher 2025 revenue and margin growth, banking on strong bookings from its business clients.

The Seattle-based company reported that its B2B segment, which serves corporate travel management firms, offline travel agents and financial institutions, saw bookings grow 26% in the third quarter from a year ago.

This was driven by the addition of new travel agency customers and the expansion of Expedia’s agent loyalty program, CEO Ariane Gorin said on the post-earnings call, adding the firm would continue investing in this segment.

Expedia now expects 2025 revenue to grow around 6.5%, up from the midpoint of 4% in its earlier projection. It projected its annual adjusted core profit ma

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