(Bloomberg/Ignacio Gonzalez) — Expedia Group Inc. raised its full-year gross bookings and revenue outlook, signaling that strong travel trends are continuing into the holiday quarter.

Revenue for the year is now expected to increase 6.5% at the midpoint, up from 3% to 5% previously, the company said Thursday in a statement. Analysts expected a 4.6% rise, according to Bloomberg-compiled estimates. It also sees gross bookings growing 7%, again ahead of estimates and Expedia’s previous guidance.

“It was a combination of the performance we had in the third quarter, and the momentum we’re seeing in October,” Chief Executive Officer Ariane Gorin said in an interview.

Shares of Expedia rose as much as 18% in extended trading. The stock has been up 18% so far this year through Thursday’s close.

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