Expedia CEO Is Unfazed by Airbnb’s Growing Vacation Rental Lead

Shown here is a photo of Mark Okerstrom Expedia Group CEO and President speaking on-Stage at Skift Global Forum in New York on Thursday. Skift Skift Take: Mark Okerstrom, the chief of Expedia Group, has high hopes for his recently rebranded homesharing unit Vrbo. But as competition intensifies in the segment, we’re wondering if we’ll … [Read more…]

Skift Global Forum Preview: Expedia CEO Plays the Long Game in Short-Term Rentals

Mark Okerstrom, the CEO of Expedia Group, believes his company has lots of tools to be a winner in accommodations. Adam Shane Productions / Expedia Group Skift Take: Is Airbnb going to eat Expedia’s lunch? The brand name Vrbo, really? Expedia CEO Mark Okerstrom faces some real challenges as the online travel agency pecking order … [Read more…]

Expedia Group’s Conundrum: Acquisitions or Share Repurchases?

Pictured are the logos for some of the Expedia Group brands. The company hasn’t made a major acquisition in several years. Skift Take: Expedia Group doesn’t intend to hoard piles of cash for a rainy day. The company purports to favor share repurchases over acquisitions, all things being equal, but if a rainmaker of a … [Read more…]

Expedia President Aman Bhutani Is Leaving Amid Exec Reshuffle

Aman Bhutani, who led Brand Expedia Group for many years, has left the position. Expedia Skift Take: Expedia is moving toward simplifying the various brands and organizational units it has acquired over the years, and changes such as these are to be expected. — Rafat Ali Slim Leather Travel Passport Wallet Holder RFID Blocking ID … [Read more…]

Expedia Still Has High Hopes for a Vrbo Bounce — Next Year

Expedia officials said Vrbo will find its bearings in 2020. Bloomberg Skift Take: When Expedia Group acquired HomeAway, now renamed Vrbo, in 2015, officials obviously knew they weren’t getting an Airbnb. Still, they may have obtained less than they bargained for because the journey so far has been very bumpy. — Dennis Schaal Slim Leather … [Read more…]

Trivago Could Kill Controversial Ad Feature That Caused Its Fortunes to Plummet

The facade and logo outside Trivago headquarters in Dusseldorf, Germany. Trivago is trying to improve its relationships with its largest advertisers. Trivago Skift Take: Trivago is trying to make peace with its largest advertisers, especially the biggest, Booking Holdings. These peace overtures seem to be working for now, but metasearch and advertising can be very … [Read more…]

Booking Holdings Delays Charging Hotels Resort Fee Commissions in Major Reversal

In this Aug. 3, 2015, file photo, a man rides his bike past the MGM Grand hotel and casino in Las Vegas. Booking Holdings is delaying implementation of a new policy to charge commissions on resort fees. John Locher / Associated Press Skift Take: Booking Holdings faced opposition from hotels over its new resort-fee commission … [Read more…]

Expedia to Connect Travelers With Hotels When Their Flights Are Delayed

Expedia Group senior vice president, product and technology Arthur Chapin (left) was interviewed by Skift Airline Weekly Editor Madhu Unnikrishnan at Skift Tech Forum June 27, 2019 in San Francisco. Skift Skift Take: Expedia wants help put customers in touch with hotels to sort out travel complications. That seems like it would be a complicated … [Read more…]

Expedia Settles With U.S. Government Over Cuba Travel Allegations

A building housing Expedia in Bellevue, Wash. Expedia has agreed to pay more than $325,000 to settle U.S. government allegations that it improperly helped people travel inside Cuba or between the island and places other than the United States. The Treasury Department announced the agreement and settlements with several other companies on Thursday, June 13, … [Read more…]

Hotel Site Files Antitrust Complaint Against Expedia and Booking

Expedia, as well as Booking Holdings, are the subject of an antitrust complaint in Europe related to discount hotel rates. Pictured is the Expedia app. Bloomberg Skift Take: The omnipresence of wholesale hotel rates making their way onto online travel sites is becoming epidemic, and the big online travel agencies may be trying to throw … [Read more…]