Expedia CFO: We're Looking For a Few More Travelocity-Like Deals
Skift Take
Was the Expedia-Travelocity deal just a harbinger of things to come? Expedia thinks so and is looking for additional online travel agency partners who would consider outsourcing the hard stuff to Expedia.
Expedia Inc. isn't satisfied with its ground-breaking deal to power Travelocity's websites in the U.S. and Canada -- Expedia wants more such deals.
"If there were more Travelocitys out there I think we'd be interested in that," Mark Okerstrom, Expedia's CFO, told analysts at the Goldman Sachs Technology and Internet Conference 2014 in San Francisco yesterday. "And, I think there are more opportunities going forward."
Under the 8-year deal, Expedia handles just about all of the Travelocity business in North America, including technology and customer service, but not marketing. Travelocity gets access to Expedia's hotel supply for Travelocity.com and Travelocity.ca, and receives a performance-ba
