Articles tagged “peter kern”

First-mover advantage from online travel companies in generative AI might not hold up over the long-term. The chessboard may get overturned. Still, getting out there first doesn't hurt.

Having OpenAI CEO Sam Altman on the Expedia Group board for the last few years certainly didn't hurt Expedia's ChatGPT rollout, although it's been using artificial intelligence for years.

The online travel agent is playing the long game when it comes to onboarding as many long-term value customers as possible, turning them into members and eventually putting them onto its loyalty program. CEO Peter Kern is clearly a patient man.

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.

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'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 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.

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

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.

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.