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Industries
Consumer Goods
Entertainment
Company Size
10,001+
Company Stage
IPO
Total Funding
$3.3B
Headquarters
Bellevue, Washington
Founded
1996
Company Historically Provides H1B Sponsorship
Expedia Group operates in the travel industry, offering a wide range of services for travelers and travel-related businesses. It connects users with options for flights, hotels, car rentals, vacation packages, and activities through its various brands, including Expedia, Hotels.com, and Vrbo. Travelers can easily find and book trips that match their preferences and budgets. The company earns revenue primarily through commissions on bookings and advertising from travel service providers looking to promote their offerings. Additionally, Expedia Group supports its partners by providing access to valuable data and technology, helping them improve their operations and grow their businesses. The goal of Expedia Group is to create a seamless travel experience for users while maximizing the potential of its partners.
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Total Funding
$3277.3M
Above
Industry Average
Funded Over
1 Rounds
Competitive Paid Time Off
Travel Discounts
Healthcare Flexible Spending Accounts
Employee Assistance Program
Wellness & Travel Reimbursement
Workplace Accomodations
Medical, Dental, & Vision Insurance
Matching Gifts
New Parental Benefits
Here's our roundup of the people, product and partner news from the global travel industry this week.Editor's note: This roundup was created with the help of ChatGPT.Amex GBT names new senior leadership. American Express Global Business Travel (Amex GBT) has announced new senior leadership appointments in marketing and technology. Evan Konwiser is appointed chief product and strategy officer, overseeing product development, corporate strategy, communications and sustainability. Konwiser, who joined Amex GBT in 2020, has held several leadership roles. Alisa Copeman is named chief marketing officer, responsible for brand and marketing strategies. Copeman previously served as senior vice president of global marketing at Amex GBT and CMO at Barclays UK
Artificial intelligence (AI) is making inroads into the travel industry as most consumers now expect seamless travel experiences, and the industry is taking notice. Kayak CEO Steve Hafner told PYMNTS that the company plans to launch AI agents this year to help travelers with everything from trip searching to checkout. “One thing Kayak hasn’t done as well as search is booking,” Hafner said. “We’ve had to hand people off to airline or hotel websites or online travel agencies to complete the booking
Previous layoffs: In 2023, Expedia cut approximately 1,500 jobs, primarily in product and technology;
Southwest Airlines has added yet another ticket distribution channel, with the airline striking an agreement with Expedia.
(GeekWire File Photo)Expedia Group confirmed that it laid off more workers as the Seattle-based travel giant looks to cut costs. “To ensure the best traveler experience, we must continually adapt to the evolving needs of our industry and travelers,” a company spokesperson said in a statement to GeekWire. “This requires difficult but necessary decisions such as refining our marketing strategies, improving efficiencies, and reallocating resources to areas with the greatest business impact to drive customer engagement.”The company declined to provide details on number of employees affected, or types of roles impacted.Expedia had 16,500 employees across nearly 50 countries, as of Dec. 31, according to Expedia’s annual 10-K filing. That’s slightly down from its total employment of 17,100 at the end of 2023. About half of its workforce are in tech-related roles.Last year Expedia cut about 1,500 roles, primarily in its Product Technology division, as part of an operational review.Expedia reported revenue growth of 10% to $3.1 billion in the fourth quarter, while adjusted net income grew 30% year-over-year
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Industries
Consumer Goods
Entertainment
Company Size
10,001+
Company Stage
IPO
Total Funding
$3.3B
Headquarters
Bellevue, Washington
Founded
1996
Find jobs on Simplify and start your career today