Expedia Has a Long Runway Ahead, CEO Says After Disappointing Earnings

The transcript discusses Expedia's recent performance, highlighting positive aspects despite a challenging quarter. It addresses the company's strategy to reduce reliance on Google for its short-term rental business, particularly VRBO, and emphasizes the importance of customer loyalty programs. The discussion also covers VRBO's marketing efforts and international expansion plans, as well as the broader strategy for alternative accommodations, leveraging existing customer relationships to enhance offerings.

What was one of the positive outcomes for Expedia in the recent quarter?

• Decrease in room type volume

• Decline in partner solutions

• Increase in room type volume

• Reduction in customer centricity

What is a key component of Expedia's strategy to reduce reliance on Google?

• Increasing advertising on Google

• Focusing on customer loyalty programs

• Reducing the number of OTA brands

• Decreasing product offerings

What recent change has been made to the VRBO brand?

• It has been sold to a competitor

• It has been discontinued

• It has been merged with hotels.com

• It has been relaunched

What challenge does VRBO face with Google's Hotel Finder?

• Hotel Finder is not affecting VRBO

• Hotel Finder is promoting VRBO

• Hotel Finder is ranked above VRBO

• Hotel Finder is ranked below VRBO

How is Expedia planning to expand its alternative accommodations internationally?

• By reducing its offerings

• By leveraging existing customer relationships

• By focusing solely on VRBO

• By discontinuing partner-facing teams