Expedia CEO Sees Momentum During 'Transformational Year'

The transcript discusses the company's strategic focus on being locally relevant globally, customer-centric, and accelerating execution. It highlights recent financial performance, with significant growth in adjusted EBIT and earnings per share. Despite economic and political uncertainties, the travel industry remains resilient. HomeAway's transition to an ecommerce model and its future growth plans are outlined. The company has acquired Pillow and Apartment Jet to enhance its competitive edge against Airbnb. Expedia's activities market is expanding, and the company is open to strategic acquisitions. In China, Expedia focuses on the outbound travel market, leveraging its technology and inventory.

What are the three major pillars of Expedia's strategy mentioned in the transcript?

• Sustainability, diversity, and employee engagement

• Market dominance, customer loyalty, and technological advancement

• Local relevance, customer centricity, and execution speed

• Global expansion, cost reduction, and innovation

How has HomeAway contributed to Expedia's growth?

• By reducing operational costs

• By expanding into the food delivery market

• By transitioning to an e-commerce model

• By focusing on luxury travel

What is the purpose of acquiring Pillow and Apartment Jet?

• To enhance short-term rental management

• To improve customer service

• To expand into the automotive industry

• To enter the food delivery market

What is Expedia's approach to the experiences market?

• Relying on partnerships with local businesses

• Combining organic growth with strategic acquisitions

• Focusing solely on organic growth

• Avoiding the experiences market entirely

How many app downloads does Expedia have, according to the transcript?

• 400 million

• 200 million

• 300 million

• 100 million

What is a key focus of Expedia's strategy in China?

• The luxury travel segment

• The budget travel segment

• The outbound travel market

• The domestic travel market

Which company did Expedia sell to Ctrip?

• Pillow

• Apartment Jet

• E Long

• HomeAway