Articles tagged “peter kern”

Online Travel

How Expedia Is Breaking Down Its Siloed Brands Approach

Wow, CEO Expedia Peter Kern isn't afraid of saying what he thinks.

How Expedia Is Breaking Down Its Siloed Brands Approach

Online Travel

Expedia Consolidates 3 Loyalty Programs With New Rewards for Vacation Rentals

With Marriott Bonvoy making loyalty inroads, and subscription programs having a moment, Expedia Group is consolidating its far-flung loyalty programs in a move that coincides with its strategy to simplify its operations.

Expedia Consolidates 3 Loyalty Programs With New Rewards for Vacation Rentals

Online Travel

Skift Global Forum Preview: Expedia CEO Sees Airbnb as ‘One-Dimensional’

Peter Kern is correct that Expedia Group currently offers broader travel services than do Airbnb and Booking Holdings, but whether Expedia can gain ground on its rivals and can execute on its strategy are entirely different questions.

Skift Global Forum Preview: Expedia CEO Sees Airbnb as ‘One-Dimensional’

Mergers and Acquisitions

Expedia Awaits Comeback of International Travel to Solidify Market Share Gains

After shutting down or selling eight businesses — some of which were relatively inconsequential — since the beginning of 2020, Expedia Group doesn't expect any more such asset dispositions as part of its drive to make the company simpler and more focused. But selling brands may turn out to be the easiest part of the exercise.

Expedia Awaits Comeback of International Travel to Solidify Market Share Gains

Online Travel

Former Expedia CEO Knew Copying a Rival Was a ‘Recipe for Death’

Business school students can probably debate this question endlessly and there would be merit in either position: Should smaller companies copy their larger rivals or vice versa? In the Google era, marketing power often wins the day — but differentiation still counts.

Former Expedia CEO Knew Copying a Rival Was a ‘Recipe for Death’

Online Travel

Expedia Group Looks to Close the Lopsided Profit Margin Gap With Booking Holdings

Part of Expedia Group's long-running profit margin gap with Booking Holdings has been structural, but a significant piece of it has been inefficiencies. Expedia's Peter Kern is looking to bridge the great divide, but the outcome is far from assured.

Expedia Group Looks to Close the Lopsided Profit Margin Gap With Booking Holdings

Online Travel

Expedia Trims Business Units, Sees a Trio of Executive Departures

Does the reorganization and leadership shuffle make Expedia Group a proverbial lean, mean fighting machine to better compete? As with all these things, it will all depend on the execution.

Expedia Trims Business Units, Sees a Trio of Executive Departures

Coronavirus

Why Hilton Grand Vacations Upped the Bid in $1.4 Billion Timeshare Takeover

Major travel companies like Hilton Grand Vacations are pumping millions, if not billions, of dollars into the idea travelers favor the familiarity of a brand. If it pays off, the vacuum of boutique offerings will be the next travel investment opportunity.

Why Hilton Grand Vacations Upped the Bid in $1.4 Billion Timeshare Takeover

Online Travel

Expedia Drops Swagger for a Different Era Under New Leadership

Expedia Group's mission statement updated from "The World's Travel Platform" to a more modest blurb may be sending a message to its employees. If any were complacent under the old regime, they'd better be full of hustle to tackle a changing competitive landscape.

Expedia Drops Swagger for a Different Era Under New Leadership

Online Travel

Expedia CEO Says Company Overhaul Will Be Done in Time for Travel’s Recovery

Talk about tough love. The CEO of Expedia Group, Peter Kern, is sticking with the tough line despite the pandemic by still demanding a significant reorganization and tech revamp for the online travel giant.

Expedia CEO Says Company Overhaul Will Be Done in Time for Travel’s Recovery