Travel sites like Expedia and Orbitz have dominated the industry for years, but the company that owns them is also one of the biggest travel companies around. That company, Travelocity, is massive. But it’s not the only travel site out there, and one startup has a plan to seriously disrupt the market.
At the moment, Expedia is a multi-billion dollar giant that’s been dominating the travel booking market for years. It is responsible for offering a myriad of travel options to its customers, ranging from train tickets to hotel accommodations, at very reasonable prices. But now, Expedia is facing the biggest threat in its life: a business rival that wants to enter the market with an even better travel booking service.
With the ease of booking travel using Expedia, it may surprise you to learn that they also offer an on site search of hotels. In fact, Expedia is the leading search engine of hotels and this enormous market share means a great deal to hotels. Expedia’s business model is simple in that they charge hotels based on how much a guest pays in fees. While this is not “evil” in the traditional sense, it is something a startup could use to its advantage.
[Roundup] A Business Concept That Could Dethrone Expedia
on July 19, 2021 by Gary Leff
News and tidbits from the internet:
- Eleanor Roosevelt’s Admiral’s Club card from American Airlines.
C.R. Smith, the CEO of American Airlines, served as best man at the wedding of Roosevelt’s son Elliott. For American’s first big aircraft acquisition, Smith would obtain financing from the Roosevelt administration’s Reconstruction Finance Corporation. After public anger over the mayor’s showy use of public space, the Admirals Club opened its first outpost at New York LaGuardia airport, in space meant for Fiorello LaGuardia’s office.
- The Hyatt Regency Kansas City was demolished 40 years ago.
At the Hyatt Regency that night, 114 people were murdered when two raised walkways came loose from their support rods and fell on the audience below, wounding over 200 people and leaving a crumpled mass of debris for rescuers to sift through.
It is still considered one of the worst unintentional structural construction collapses in American history, with similarities being drawn to the recent condo collapse in Surfside, Fla., which killed almost 100 people 40 years later.
- Transplantation entails transportation (HT: Tyler Cowen)
We construct a unique sample by combining data from US airline transportation and kidney transplantation to monitor (1) the development of airline routes linking all US airports and (2) kidney transplants between donors and recipients linked by these airports. The launch of a new aircraft route increases the number of shared kidneys by 7.3 percent, according to our calculations. With the introduction of new pathways, we also see a net rise in the overall number of kidney transplants and a reduction in the organ discard rate. Notably, the posttransplant survival rate has remained essentially constant, despite the fact that average trip distance has increased as a result of additional airline routes.
- To resolve a class action lawsuit over overdraft fees, American Airlines Federal Credit Union will pay $1.8 million.
- Finally, a company concept that may dethrone Expedia and provide genuine value to hotel customers worldwide:
It’s a huge market failure that every major hotel booking service doesn’t assess each location’s shower water pressure.
July 18, 2021 — Scott Lincicome (@scottlincicome)
- Take a minute to reminisce about how award lists used to be. The true gutting of Qantas frequent flyer occurred in 2004 with the removal of guaranteed upgrades upon booking, upgrade credits, and a 92 percent increase in the cost of premium class awards.
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Expedia’s $4 billion market cap is so big that it dwarfs the (paltry?) $290 million market cap of Expedia’s main competitor, priceline.com, according to data from S&P Capital IQ. So, is Priceline ready to give up its crown? With Priceline’s balance sheet being only $4 billion, it’s hard to imagine an investor spinoff would provide any meaningful growth. The real issue is Expedia’s business is so small that it’s severely dwarfed by its parent company’s size. What would a spinoff do to improve the (potential) growth rate of Expedia?. Read more about expedia group news and let us know what you think.
This article broadly covered the following related topics:
- expedia for business
- expedia hotels
- expedia news
- expedia group news
- expedia organizational structure