Tranzactioneaza Expedia Inc (US.EXPE) - 183.83 USD (%) Tranzactioneaza

Stiri

Expedia CEO Doesn’t See High Prices Stopping Summer Travel (US.EXPE)


Travelers don’t seem to be dissuaded by high inflation, soaring energy costs, labor shortages or the spread of variants in some areas. During earnings last month, Expedia, Booking Holdings Inc. and Airbnb Inc. all provided upbeat forecasts for the next few months.&nbsp

Strategists at Goldman Sachs Group Inc. estimate oil will remain above $100 a barrel through the next year, which could raise travel prices higher and potentially curb demand. Those more expensive tickets, however, have helped airlines handle the higher energy prices so far, Kern said. “I think they’ve built in some cushion there,” he said. Seattle-based Expedia and competitor Airbnb (US.ABNB) are finding ways to reinvent their brands, with Expedia introducing travel boards that allow multiple people to help plan a trip in addition to providing more of its own technology to large and small travel partners.&nbsp

The company also is unifying the rewards program across all its brands, which include Hotels.com and Orbitz. Airbnb launched a categories search function that lets users look for destinations like tiny homes, beach.


expedia ceo doesn t see 09296 0025