skift conference call: expedia under new leadership · 2019. 9. 4. · expedia inc. gross bookings...

Skift Conference Call:

Expedia Under New LeadershipThursday, September 7 at 1pm EST

The Newly Appointed

Mark OkerstromNew: Expedia President and Chief Executive Officer

Formerly: Executive Vice President of Operations and Chief Financial Officer

Alan PickerillNew: Executive Vice President andChief Financial Officer

Formerly: Senior Vice President of Investor Relations and Treasurer

Strong Bench Among Expedia Inc. Brands

Aman Bhutani: Brand Expedia Group President

John Kim: HomeAway President

Rob Greyber: Egencia President

Johan Svanstrom:Hotels.com andExpedia Affiliate Network President

When Expedia StruggledExpedia Inc. Gross Bookings and Room Night Growth, 2010-2014

Source: Financial reports

Priceline Group Gross Bookings and Room Night Growth, 2010-2014

Online Travel Agency Acquisitions 2015-2016

Source: Security and Exchange Commission filings and published reports

Priceline continues to dominate the industry

A Deeper look at how U.S. online travel agencies measure up

Priceline's Bet on the Agency Model

HitWise Online Travel Agency Share Trends

Hitwise does not track smaller OTAs that do not have enough traffic volume to be statistically significant. With Expedia and Priceline likely controlling over 90% of the OTA market, the data gives a clear picture of market share of the brand agnostic user. The loyal app user booking on a Booking.com app would not be counted, but it is likely each brand has a share of loyal app users comparable to the share of website bookers.

Expedia revenue breakdown

Expedia Ebitda Breakdown