Enterprise Tech Ecosystem Series - Expedia Group Inc. 2023

Enterprise Tech Ecosystem Series - Expedia Group Inc. 2023

Summary

This report provides insights into Experdia’s tech activities, including its digital transformation strategies, its innovation programs, its technology initiatives, its investement and its acquisitions.

Expedia Group, Inc. (Expedia Group) is a US-based online travel company operating through three reportable segments namely Retail, B2B and trivago. The retail segment offers a wide range of travel and advertising services to customers across the world through several brands including Brand Expedia, Hotels.com and Vrbo. Brand Expedia is a full-service online travel brand offering a wide range of travel products and services to customers across the world. Hotel.com markets lodging accommodations, while Vrbo runs an online marketplace for the alternative accommodations industry. The B2B segment comprises the Expedia Partner Solutions (EPS) business which partners with global travel and non-travel businesses including airlines, online retailers, offline travel agents, financial institutions, and corporate travel management companies which market Expedia Group rates to their customers. trivago is a hotel search brand. It allows customers to compare prices from hundreds of hotel booking websites.

Scope

• Expedia is implementing innovative technologies to enhance its operations and provide better customer service. AI, cloud, digital payments, and virtual and augmented reality are among the technologies the company is focusing on.
• Expedia launched its Open World Accelerator initiative in September 2022 to support startups and small and medium businesses (SMBs) that develop innovative digital products and services for the travel industry. Each program comprises a six-month curriculum for selected companies.
• In 2023, Expedia launched Project Explorer, a generative AI-driven trip planning tool on Expedia’s mobile app for iOS devices.

Reasons to Buy

• Gain insights into Expedia’s tech operations.
• Gain insights into its digital strategies and innovation initiatives.
• Gain insights into its technology themes under focus.
• Gain insights into its various product launches and partnerships.