Expedia Group Accelerates Its Spending Faster Than It Grows Revenue
Skift Take
If you (re)build it, they will come. That's the motto of Expedia Group CEO Mark Okerstrom for 2018.
Expedia Group's days of torrid growth may be behind it. The company is having to spend more every quarter without enjoying the jumps in revenue that used to follow that investment.
Expedia said Thursday in reporting first quarter earnings that it focused its spending on tuning up its operations, especially in its vacation rental unit HomeAway.
Most of the company's hiring was to expand the team at its lodging supply unit as well as in the
