Expedia 'Leaning Into' Wooing Hosts From Rivals, CEO Says

The transcript discusses VRBO and Airbnb's strategies to attract more hosts, emphasizing VRBO's role in Expedia's broader vision. It covers travel trends, predicting a rebound in city tourism and international travel as restrictions ease. The discussion also touches on business travel recovery and corporate strategy, including the sale of a corporate travel unit to American Express. Finally, it provides an outlook on summer travel, noting high demand in the US and a more uncertain situation in Europe due to varying pandemic conditions.

What is one of the main reasons VRBO and Airbnb are trying to attract more hosts?

• To increase their market share

• To improve customer service

• To expand into new countries

• To reduce competition

How does VRBO fit into Expedia's broader strategy?

• By integrating vacation rentals across all travel brands

• As a standalone brand

• By limiting its services to the US market

• By focusing solely on luxury rentals

What is the expected trend for city travel according to the transcript?

• Cities will remain less popular than regional destinations

• Cities will see a strong comeback once they reopen

• City travel will decline permanently

• City travel will only recover in Europe

What is the anticipated impact of the reopening of major cities on travel?

• It will only affect business travel

• It will lead to a decrease in travel to national parks

• It will have no significant impact

• It will boost travel demand significantly

What is the outlook for business travel according to the transcript?

• It will recover slowly but surely

• It will not recover

• It will only recover in the US

• It will be replaced by virtual meetings

How is the summer travel season expected to differ between the US and Europe?

• The US will see a busier season than Europe

• Neither will see significant travel activity

• Both will experience a similar recovery

• Europe will have a busier season than the US

What is a potential factor that could influence travel between the US and Europe?

• An increase in hotel rates

• A decrease in flight prices

• The introduction of new travel corridors

• A change in currency exchange rates