Expedia Sees Tech Grunt Work Paying Off in 2023


Skift Take

Corporate turnarounds aren't pretty, and require fortitude. Expedia expects big things in 2023, but Vrbo's tech migration will be part of the ongoing challenge.

To hear Expedia Group officials tell it, 2023 is shaping up as a year when lots — but not all — of the tough, behind-the-scenes tech work will have been completed, and the company will start to reap the benefits.

Officially, Expedia Group guided toward double-digit top and bottom line growth year over year in 2023.

But having now moved its major online travel agency brands, namely Expedia.com and Hotels.com, to a common tech platform, with vocational rent brand Vrbo up next in 2023, and with a new unified and cross-brand loyalty program in the works this year, then good things are in the offing, the company said.

"Of course, our confidence in our strategy is ultimately only possible because of the underlying technology that we have invested so much in over the last several years," Expedia Group CEO Peter Kern told financial analysts Thursday as the company relea