Expedia Partner Services News Today : Breaking News, Live Updates & Top Stories | Vimarsana

My key takeaways from this past week’s Expedia call are below: Highlights from the recently announced sale of Expedia’s corporate travel platform, Egencia, to Amex GBT include (i) Expedia eventually owning approximately 14 percent of the combined businesses post-closing – which Expedia assumes will be worth $700 million and (ii) the deal comprising a long-term supply agreement between Expedia Partner Services (EPS) and Amex GBT, which according to Expedia CEO, Peter Kern, underscores EPS’ continuing efforts to position itself as a B2B business platform and allow Expedia to focus on it...

More travel executives get their mission-critical industry news from Skift than any other source on the planet.Tell me more The knock on Expedia Group over the years was that it was too U.S.-focused, but the online travel agency turned that into a strength during the first quarter — at least temporarily. Referring to Covid’s uneven global trajectory as a “study in contrast,” Expedia Group CEO Peter Kern told financial analysts Thursday that the company “benefited greatly in our vacation rental business and our domestic U.S. business, but other parts of the business still remain chal...