2 | Expedia Group

Expedia Group
2021 sales: $72.4 billion
Previous ranking: 1
Employees: 14,800

1111 Expedia Group Way
Seattle, WA 98116
Phone: (425) 679-7200
Website

Executives

CHAIRMAN/SR. EXECUTIVE: Barry Diller
CEO: Peter Kern
CFO: Eric Hart
CHIEF LEGAL OFFICER/SECRETARY: Robert Dzielak

Expedia Group did not submit a Power List survey, so information was obtained from the company's public financial reports and articles from Northstar Travel Group publications.

Company facts

* Publicly traded OTA. Brands include Expedia, Hotels.com, Orbitz, Travelocity, Vrbo, Trivago and Hotwire.

2021 developments

* Sold travel management company Egencia to American Express Global Business Travel.

* Sold hotel operations management platform Alice to ASG.

* As a result of increasing efficiency, Expedia Group now has roughly 10,000 fewer employees than it did at the end of 2019.

* Unified loyalty programs, enabling travelers to accumulate rewards across brands.

* Made app and website improvements as part of a brand refresh.

Looking ahead

* In the first quarter of 2022, gross bookings were up 58% from a year earlier and down just 17% from Q1 of 2019. There was an early Q1 impact from omicron, but that faded after January.

* CEO Kern said Expedia continues to see positive indicators for a strong recovery in leisure travel this summer, and is seeing see city, business and international travel coming back.

Correction: Expedia's CEO, Peter Kern, was misidentified in an earlier version of this article.

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