In the News
18 DECEMBER 2017 | WEB IN TRAVEL (WIT)
Hoteliers should stop being in denial about the impact of home sharing on their business, believes Ian Schrager, the hotelier extraordinaire hailed for his ground-breaking concepts. “They should be panicking,” he said, during an interview at the Expedia Partner Conference in Las Vegas earlier this month. “The gloves have come off,” he said, jesting, “Airbnb is coming for our kids, better lock them up.”
18 DECEMBER 2017 | HOSPITALITY.NET
A transition appears to be underway as Expedia increases the number of technology solutions it offers and builds partnerships out across the industry but will this strategy succeed asks EyeforTravel’s new report into the online giant?
14 DECEMBER 2017 | TRAVOLUTION
Expedia boss Mark Okerstrom said he was optimistic about growth prospects for travel and that Expedia was well positioned to become the world’s first $100 billion travel agency. “The math and strategy are very much in our favour,” said Okerstrom when asked about Expedia’s prospects compared with those of rivals such as Airbnb and Google.
13 DECEMBER 2017 | WEB IN TRAVEL (WIT)
Long game or infinite game, whatever the term you choose to use, I am sure there was purpose behind the choice of Simon Sinek as keynote speaker at the Expedia Partner Conference held in Las Vegas last week. Sinek, who’s working on a new book called “The Infinite Game”, drew an analogy between business and the Vietnam War in which Americans won every battle but still lost the war because “we were fighting to win, they were fighting for their lives”.
12 DECEMBER 2017 | TTG ASIA
Expedia Inc predicts that voice will trump over chatbots and artificial intelligence as the biggest disrupter in travel in the near term. The company, which said it spends some US$1.3 billion a year on technology, demonstrated the use of its voice-activated hotel booking app, Alexa, at the Expedia Partner Conference last week, showing how a customer can use voice to search, book, pay for a hotel booking, check-in and access the room key from the home screen of the app.
11 DECEMBER 2017 | TRAVOLUTION
Expedia is poised to start trials of a new dynamic packaging service on its website that will allow its customers to keep track of savings as they bundle products. The OTA giant believes its approach of offering a full range of travel product on a single technology platform gives it a competitive edge over rivals that link components on separate product specific websites.
11 DECEMBER 2017 | WEB IN TRAVEL (WIT)
The Expedia Partner Conference held in Las Vegas last week opened on a defiant and upbeat note. Mark Okerstrom, walking on stage after the opening rhythm and drum beats of Le Reve, The Dream, said that despite the crazy year of terrorism and natural disasters, the world travelled more in 2017 with 1.6 trillion trips, a 6% increase year-on-year.
8 DECEMBER 2017 | TNOOZ
At this year’s Expedia Partner Conference in Las Vegas, it’s hard not to see the similarity between Expedia’s latest slogan — “shaping the future of online travel” — and the long-running slogan over at Amadeus — “shaping the future of travel.”
8 DECEMBER 2017 | TTG ASIA
A combination of robust growth in global travel and a digital revolution sees Expedia’s new CEO Mark Okerstrom being hugely optimistic of the company’s future despite its recent stock plunge and a third-quarter loss of US$8 million. Addressing more than 5,000 partners attending Expedia Partner Conference 2017 in Las Vegas, Okerstrom trained their eyes on the long term and what Expedia intends to do to grow.
7 DECEMBER 2017 | TRAVEL WEEKLY
Under the leadership of CEO Mark Okerstrom, Expedia Inc. aims to use technology to become more customer-centric. “In the race of man versus machine, in the area of delighting the customer, so far man has won,” Okerstrom said during the Expedia Partner Conference at the Aria Resort & Casino here on Wednesday. “But in the future, we think the machine can win.”
7 DECEMBER 2017 | TRAVOLUTION
Expedia will strive to put the ‘O’ back into OTA new Expedia boss Mark Okerstrom told the global travel giant’s annual partner conference in Las Vagas this week. Okerstrom, formerly Expedia’s chief financial officer, took over from Dara Khosrowshahi three months ago after he unexpectedly quit to become the chief executive of Uber.
7 DECEMBER 2017 | TRAVOLUTION
Expedia has set out its determination to disrupt the hotel revenue management sector with its next generation of technology for its hospitality partners.