Expedia News

The latest news and analysis of Expedia, including breaking news, executive interviews, earnings coverage, and analysis of its competitors.

Expedia CEO Insists That Online Travel Agencies Aren’t Over

The biggest knock on the online travel agencies these days is that the competition is intense and that their golden years are done. Expedia's Mark Okerstrom counters that his company has a single-digit share of a $1.6 trillion market, and he's going wide and deep to pick up more. The jury is still out.

Ad Spending Cuts Help Trivago Return to Profitability

Shares in the hotel search company rose the most in two years on news that a cut in ad spending had pushed the Expedia-controlled company into the black. But the company, which once enjoyed meteoric growth, seems unlikely to return to turbo-charged revenue gains anytime soon.