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About Expedia Group
Industries
Consumer Goods
Entertainment
Company Size
N/A
Company Stage
IPO
Headquarters
Bellevue, Washington
Founded
1996
Overview
Expedia Group provides a variety of travel services, connecting travelers with options like flights, hotels, car rentals, and vacation packages through its brands such as Expedia and Hotels.com. The company earns revenue mainly through commissions on bookings and advertising from travel service providers. Unlike many competitors, Expedia Group also offers partners valuable data and technology to help them improve their services. The goal is to create a seamless travel experience for users while supporting the growth of travel businesses.
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Simplify's Take
What believers are saying
- AI-powered tools enhance user experience and increase booking rates on Expedia's platforms.
- Partnerships with content agencies revolutionize advertising strategies, making travel experiences more engaging.
- Private-label programs leverage loyalty points, enhancing customer retention and spending.
What critics are saying
- Restructuring and layoffs may disrupt service delivery and innovation at Expedia.
- Competition from Booking.com and others may impact Expedia's exclusive travel packages.
- Technological integrations by competitors could challenge Expedia's offerings in the hospitality sector.
What makes Expedia Group unique
- Expedia Group operates a diverse portfolio of travel brands, including Expedia and Vrbo.
- The company offers a comprehensive suite of services, from flights to vacation packages.
- Expedia partners with travel service providers, offering valuable data and technology tools.
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Funding
Total Funding
$1000M
Above
Industry Average
Funded Over
1 Rounds
Benefits
Paid Vacation
Parental Leave
Hybrid Work Options
Professional Development Budget
Company News
Expedia Group lays off 500 employees amid restructuring despite strong financial growth.
Here's our roundup of the people, product and partner news from the global travel industry this week.Google Wallet expansionsGoogle Wallet is expanding its digital ID capabilities, enabling users in the United Kingdom to add passport-based IDs for age verification, including potential use for alcohol purchases, pending government approval. In the United States, digital ID support extends to Arkansas, Montana, Puerto Rico and West Virginia, with Transportation Security Administration acceptance at select airports. Google is piloting a privacy-centric age verification method, Zero Knowledge Proof, in apps like Bumble, confirming age without revealing personal data. This technology will be open sourced for broader adoption. These initiatives aim to streamline identity verification while enhancing user privacy and security.SuiteOp, HostfullySuiteOp and Hostfully have announced a strategic integration aimed at simplifying hospitality tech stacks. Hostfully users can now tap into SuiteOp’s operations platform to automate tasks like cleanings, guest check-ins, upsells and smart device control without manual input or third-party tools.The integration bridges reservation data directly into operational workflows, enabling real-time coordination across teams
(GeekWire File Photo)Seattle-based Expedia Group conducted a round of layoffs this week. The company did not provide details on the number of people let go. Posts on LinkedIn by affected employees show the layoffs impacting engineering and other departments. Skift, which first reported the cuts, said the layoffs impacted about 3% of Expedia’s workforce. Expedia had 16,500 employees across nearly 50 countries, as of Dec. 31, according to Expedia’s annual 10-K filing
Expedia Group has announced an industry-first partnership with award-winning travel content agency, Beautiful Destinations, to enhance the way travellers discover, plan, and book their travel experiences.
Expedia Group is reorganizing certain parts of the company, the company confirmed.“As part of a broader effort to strengthen our business and position the company for long-term growth, we are restructuring parts of our organization,” an Expedia Group spokesperson said in an emailed statement when asked about potential staff cuts. The decisions are “difficult but necessary” as the company works to hone its focus on “strategic priorities and remain well-positioned to deliver for customers and partners,” the spokesperson said.The company did not share any further information
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About Expedia Group
Industries
Consumer Goods
Entertainment
Company Size
N/A
Company Stage
IPO
Headquarters
Bellevue, Washington
Founded
1996
Expedia Group is Hiring for 55 Jobs on Simplify!
Find jobs on Simplify and start your career today
People Also Viewed
Discover companies similar to Expedia Group