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Articles tagged “peter kern”

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.

Dennis Schaal, Skift | 3 years ago

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.

Dennis Schaal, Skift | 3 years ago

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.

Cameron Sperance, Skift | 3 years ago

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.

Dennis Schaal, Skift | 3 years ago

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.

Sean O'Neill, Skift | 4 years ago

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

Online Travel

Expedia Group CEO Peter Kern on Navigating a Frenemy Relationship With Airbnb

Many companies won't reopen for business when coronavirus ebbs, but two that will definitely still be left standing will be Expedia Group and Airbnb. They could potentially find ways to cooperate in the face of bigger threats in the form of Google and Booking.com.

Dennis Schaal, Skift | 4 years ago

Expedia Group CEO Peter Kern on Navigating a Frenemy Relationship With Airbnb

Online Travel

Expedia Grabs $3.2 Billion in Private Equity Financing and Appoints Peter Kern CEO

Barry Diller followed a familiar pattern and appointed someone he's known for years and feels comfortable working with as CEO. Peter Kern will have no trouble working with Apollo and Silver Lake, and with making deep cuts because he is a private equity guy at heart.

Dennis Schaal, Skift | 4 years ago

Expedia Grabs $3.2 Billion in Private Equity Financing and Appoints Peter Kern CEO