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Online Travel

Video: Expedia CEO on Blockchain and Competitive Threats

Andrew Sheivachman

Photo Credit: Expedia Inc. CEO Mark Okerstrom made his first public appearance at a conference as CEO at the Skift Global Forum in New York City September 27, 2017. Skift

Skift Take

Expedia Inc. seems ready to further develop existing brands like HomeAway in 2018. An opportunistic acquisition or two might also take place, but CEO Okerstrom says he's focusing on organic growth from companies already in Expedia's portfolio.

New Expedia Inc. CEO Mark Okerstrom faces a few challenges even bigger than filling the shoes of predecessor Dara Khosrowshahi, who left for Uber a couple of months ago. Outgrowing a rival like the Priceline Group, which today seems almost impossible, and dealing with competitors like Airbnb, remain daunting tasks. Then there are periodic wrinkles such as the fact that Expedia's stock price fell 16 percent to $123.79 on Friday

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