6 Expedia and Booking Online Travel Takeaways From Latest Financial Reports
Skift Take
While much of the talk these days is about digital nomads and remote workers, both Expedia Group and Booking Holdings have doubled down on commitments to brick and mortar headquarters. Which could mean that there may be real offices again after the pandemic.
From the precise pandemic toll on their short-term rental numbers to construction timetables and commitments to new physical headquarters during a largely remote-working period, Expedia Group and Booking Holdings laid out newsy tidbits and strategies in their second quarter financial filings. We picked some to highlight.
1. Both Expedia Group and Booking.com Are Committed to New Headquarters
Despite the remote-working trend, which accelerated during the pandemic, Expedia Group completed the $900 million construction of its Seattle, Washington headquarters in the second quarter of 2021 following Covid-related delays.
Employees started transitioning from the company's prior digs in nearby Bellevue in late 2019. But that got interrupted by the pandemic. However, Expedia Group saw many of its area employees begin returning to headquarters last month.
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