Expedia CEO: Travel to Return 'Largely' at Pre-Pandemic Level

The video discusses the current state and future of travel demand, highlighting enthusiasm in North America and challenges in Europe. It debates the future of travel, with differing views on corporate travel's recovery. The video compares VRBO and Airbnb, noting VRBO's focus on whole-home experiences. It also covers the hotel industry's recovery, emphasizing consumer confidence and city reopenings. Finally, it explores Expedia's restructuring during the pandemic and its future focus on technology and supplier support.

What regions are experiencing a surge in travel demand due to favorable conditions?

• Europe

• North America

• Africa

• Asia

Which type of travel is predicted to take longer to recover post-pandemic?

• Leisure travel

• Cultural travel

• Corporate travel

• Adventure travel

What is a key differentiator for VRBO compared to Airbnb?

• Lower service fees

• Whole home experience

• More urban locations

• Focus on shared spaces

How has VRBO performed in comparison to Airbnb during the pandemic?

• Lost market share

• Gained market share

• Remained the same

• No data available

What is the expectation for hotel bookings in popular vacation spots?

• They will remain low

• They will exceed pre-pandemic levels

• They will not recover

• They will be slightly below pre-pandemic levels

What factor is crucial for the recovery of city tourism?

• Lower airfares

• Availability of rental cars

• Reopening of theaters and restaurants

• Opening of beaches

What strategic focus has Expedia adopted during the pandemic?

• Enhancing technology and products

• Increasing travel packages

• Expanding physical offices

• Reducing online presence