Travel Weekly's 2018 Power List


1 | Expedia Group

Expedia Group
2017 sales: $88 billion
Employees: 22,000 (full- and part-time)
Previous ranking: 1

333 108th Ave. NE
Bellevue, WA 98004
T (425) 679-7200
Website

Executives

CHAIRMAN/SENIOR EXECUTIVE: Barry Diller
PRESIDENT/CEO: Mark Okerstrom
EVP/CFO: Alan Pickerill
CHIEF LEGAL OFFICER/SECRETARY: Robert Dzielak
CHIEF PEOPLE OFFICER: Nikki Krishnamurthy

2017 Developments

In August, appointed Mark Okerstrom as CEO and Alan Pickerill as CFO.

In June 2017, Expedia Group completed the acquisition of a train-service distributor SilverRail Technologies.

Announced a $350 million minority investment in Traveloka Holding, a leading online travel company in Southeast Asia.

Made further investment in Alice, a startup that sells operations software to hotels, becoming the majority shareholder.

Brand Expedia announced a strategic alliance with European leisure travel company Thomas Cook.

Rolled out worldwide a hotel revenue management tool, Rev+, designed to provide actionable data and insight to empower hotels to optimize revenue.

Announced the opening of a software development office in Amman, Jordan.

Expedia CruiseShipCenters achieved over $675 million in gross bookings in 2017, exhibiting 20% year-over-year growth. Egencia surpassed 1 million cumulative app downloads as of the end of 2017, with downloads during the year increasing 65% from 2016.

Expedia Inc. in March 2018 changed its corporate name to Expedia Group Inc.

Company Facts

Online travel agency.

Owns Expedia, Hotels.com, Expedia Partner Solutions, Egencia, HomeAway, Trivago, Orbitz, Travelocity, Wotif, Lastminute.com.au, eBookers, CheapTickets, Hotwire, Classic Vacations, Expedia Group Media Solutions, CarRentals.com, Expedia Local Expert, Expedia CruiseShipCenters, SilverRail Technologies, Alice and Traveldoo.

Publicly held.

Looking Ahead

Key strategic themes for 2018 include: Accelerate growth by being locally relevant on a global basis, be more customer-centric, put the A back into OTA and speed up the pace of execution and innovation across the group.

Continue plans to move its headquarters to Seattle in 2019.


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