How Expedia’s CEO made 5m last year Dara Khosrowshahi has come a long way since being forced to flee his home at the age of nine, and now he’s laughing all the way to the bank. That’s because the now 46-year-old Iranian American, who has been the chief executive of Expedia since 2005, just raked in a whopping $125 million. Source: Hotel Marketing How Expedia’s CEO made 5m last year
Expedia gallops on Trivago Expedia‘s $632 million bet on Trivago paid off again Thursday when the No. 2 OTA announced first-quarter results that topped estimates, due in part to the German subsidiary’s 48% year-over-year growth. Source: Hotel Marketing Expedia gallops on Trivago
Travelzoo wants to become the alternative to Expedia and Priceline for hotels Hotel search is the star performer in Travelzoo’s latest financials, growing at a triple-digit rate year-on-year. The company says hotels are looking at Travelzoo not only as an OTA but also a platform that sents users directly to hotel websites for bookings. Source: Hotel Marketing Travelzoo wants to become the alternative to Expedia and Priceline for hotels
Priceline CEO is out after affair, but should he be? Priceline CEO Darren Huston resigned, after an internal investigation determined that a personal relationship he admitted to having with an employee was “inconsistent with the board’s expectations for executive conduct.” If they’re consenting adults, where’s the harm? Source: Hotel Marketing Priceline CEO is out after affair, but should he be?