Articles tagged “peter kern”

Online Travel

The Highest Paid Online Travel Agency CEOs

There is a degree of irrationality in CEO pay on many levels, including the companies' relative performance. The pay disclosures also expose the wide disparity in employee pay at Booking versus Airbnb.

The Highest Paid Online Travel Agency CEOs

Online Travel

Expedia Group CEO Interview: Our Tech Was an Anchor Thwarting Innovation

In years past, Expedia has often talked about integrating its tech platforms or leveraging its massive data trove. Will it actually spur innovation this time around?

Expedia Group CEO Interview: Our Tech Was an Anchor Thwarting Innovation

Online Travel

Expedia CEO Takes Shot at Airbnb Chief Brian Chesky’s Long-Term Stays Mantra

Expedia Group's Peter Kern may or may not be correct in his claim that the trend toward long-term stays will eventually weaken to a considerable degree. On the other hand, his Vrbo vacation rental brand probably could have done more to capitalize on the trend.

Expedia CEO Takes Shot at Airbnb Chief Brian Chesky’s Long-Term Stays Mantra

Online Travel

Expedia: You’ll Have to Wait Longer to See Hard Data on Our Rebuild Progress

Expedia Group is still very much caught up in making over the company. Is it working? Company officials are basically telling Wall Street — trust us, we think this is going to be good.

Expedia: You’ll Have to Wait Longer to See Hard Data on Our Rebuild Progress

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