Priceline CEO on Strategy, Airbnb Competition and China

Priceline CEO on Strategy, Airbnb Competition and China

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Business, Physics, Science, Life Skills

University

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The video features an interview with Priceline CEO Glenn Fogel, discussing the company's strategy to maintain its market lead by leveraging technology to serve both travelers and suppliers. Fogel addresses the impact of Google's EU fine, potential benefits for Priceline, and responds to monopoly claims. He also discusses competition with Airbnb and the expansion of Priceline's home rental offerings. The partnership with Chinese travel giant Ctrip is highlighted, emphasizing mutual benefits and future collaboration.

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3 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What concerns does Glenn Fogel express about Airbnb as a competitor?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What does Glenn Fogel mean by wanting to reduce friction in the booking process?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

How does Glenn Fogel describe the relationship between Priceline and Ctrip?

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