Expedia's CEO Weighs In on the Travel Industry

The video discusses the travel market's growth, highlighting a $1.4 trillion market with strong growth rates. It emphasizes the company's focus on technology and innovation to stay competitive against hotel chains and tech giants. The company invests heavily in technology and marketing, with a focus on acquisitions and loyalty programs to drive growth. Despite reduced margins due to aggressive investment, the company achieves revenue growth through scale and efficiency.

What strategy is mentioned regarding hotel chains and technology?

What is the significance of investing in technology and marketing for the company?