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Expedia to Deliver Early Payday to Private Equity Investors

Expedia Group is looking to refinance $3.2 billion in private equity debt at a lower interest rate. Getty Images Skift Take: It’s no accident that Expedia Group disclosed improved booking trends on Monday, and then announced a senior notes offering to refinance the company’s private equity debt a day later. Hey, whether you are a […]

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Trip.com Group Highlights Signs of a China Travel Rebound Despite a Sobering Outlook

Tourists pose for a photo inside the Shanghai Disneyland theme park in east China’s Shanghai, May 11, 2020. China’s domestic short-haul travel is recovering. Ren Long / Alamy Live News Skift Take: China had a head start on both the pandemic and the travel recovery. Trip.com Group’s international business is languishing because of factors beyond […]

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Expedia CEO Details Anti-Google Game Plan

Expedia’s new CEO, Peter Kern, wants to reduce the company’s reliance on Google marketing. Expedia Group Skift Take: Can Expedia Group wean itself away from Google, and avoid performance marketing spending when it doesn’t hit return on investment targets? New CEO Peter Kern said the coronavirus crisis presents an opportunity to chase these goals. Kern […]