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Online Travel

Expedia Group Accelerates Its Spending Faster Than It Grows Revenue

Sean O'Neill photo
Sean O'Neill
Mark Okerstrom Expedia Group CEO and President March 2018 at company HQ source EXPE

Photo Credit: CEO Mark Okerstrom was photographed in March 2018 outside of his office at Expedia Group headquarters in Bellevue, Washington. He put a bright face on today's first-quarter 2018 earnings report. Expedia Group

Skift Take

If you (re)build it, they will come. That's the motto of Expedia Group CEO Mark Okerstrom for 2018.

Expedia Group's days of torrid growth may be behind it. The company is having to spend more every quarter without enjoying the jumps in revenue that used to follow that investment. Expedia said Thursday in reporting first quarter earnings that it focused its spending on tuning up its operations, especially in its vacation rental unit HomeAway. Most of the company's hiring was to expand the team at its lodging supply unit as well as in the

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