Expedia CEO Okerstrom on Earnings, Vrbo, Expansion

The transcript discusses Expedia's business performance, strategy, and market position, focusing on VRBO and OTA. It highlights partnerships, macroeconomic factors like Brexit, and the impact of events such as the 737 Max grounding. The growth of Chinese tourism and cost management strategies are also covered, along with current trends in the US economy and travel.

What was the reported growth in adjusted earnings per share for Expedia's core OTA business?

• 30%

• 41%

• 50%

• 60%

What is Expedia Group's larger strategy as mentioned in the transcript?

• To focus solely on short-term rentals

• To become the World Travel Platform

• To compete directly with Airbnb

• To exit the alternative accommodations market

How has Brexit impacted Expedia's international business according to the transcript?

• Increased bookings in Europe

• No impact on bookings

• Decreased bookings outside the UK

• Increased bookings in the UK

What has been the impact of the 737 Max grounding on Expedia's operations?

• Higher customer satisfaction

• Flight cancellations due to reduced capacity

• Increased flight bookings

• No impact at all

What trend has been observed in the Chinese travel market?

• A decline in outbound travel

• A shift towards domestic travel

• A significant increase in outbound travel

• Stagnation in travel growth

How has Expedia managed its costs according to the transcript?

• By reducing global expansion

• By increasing marketing spend

• By being data-driven and analytical in sales and marketing

• By cutting employee salaries

What is the current state of the US economy as reflected in Expedia's data?

• Robust with strong consumer activity

• Weak and declining

• Experiencing a recession

• Stable with no growth