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LoginExpedia Inc since 2005. The departure of CEO Dara Khosrowshahi last month was very sudden for Expedia,Expedia had to face the embarrassing situation of Khosrowshahi leaving suddenly before many of the company's plans were completed。However, the company responded quickly,Former Expedia 188bet app download CFO Mark Okerstrom becomes Khorowshahi’s successor,He will lead the company to continue to lead the global OTA。From the announcement of the new CEO to now,Priceline’s share price rose nearly 24%,The share price of Expedia has increased by nearly 27% year-on-year。
At the 2017 Skift Global Forum held in New York this year,Mark Okerstrom made his first appearance in the travel industry as Expedia’s new CEO and said,188bet app download
When asked if a HotelTonight deal was being considered,Okerstrom said he does not want to acquire any companies at this time。
Okerstrom says: “HotelTonight does have a beautiful product。I want to say,Everything in the world is on our watch list。 Sam (HotelTonight CEO),Come and have a beer and discuss...but there really aren't any companies on our "must have" list。”
Okerstrom also said,Expedia Inc.Unlikely to acquire Despegar before going public,Although the company owns its shares (Expedia holds 14%)。But he also mentioned,Expedia brands are likely to push travel and related activities more deeply,Customers may be encouraged to add a "bus tour or dive tour" to their existing tour list。
Hotels could thwart growth in alternative lodging
On the tension between hotels and alternative accommodation providers such as Airbnb and Expedia’s HomeAway,Okerstrom said,Hotels should seek development strategies more suitable for the market,To meet the accommodation needs of tourists。
Okerstrom said: "Actually only in a few cases,The hotel business can be completely replaced by alternative accommodation。These two types of accommodation can coexist。This will be a great opportunity for hoteliers,You can use the Internet to do more and better work,For example, show more options online with kitchens or multiple suites。This will reduce the reasons why some travelers choose alternative accommodation。”
Okerstrom also shared his views on blockchain。In short,He said it was too early to talk about this。
Okerstrom said: "To end up being a disruptor,Blockchain must be made either cheaper or better,But we are not discussing this issue in this context yet,Even though we may know the answer to this question。We are one of the earliest adopters 188bet sports betting app download of Bitcoin,We also have a dedicated team analyzing blockchain。But even I maintain a very paranoid view on everything,I don’t think it is a threat to us either。”
*This article was compiled from Skift by Xu Liyang, an analyst at Zhihui,Original title:《Expedia CEO Doesn’t Need Any Mergers But He’s Monitoring All Possibilities》。
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