Expedia Inc. sold 16% more hotel-room nights in the third quarter, but it still has to stand back and admire Booking.com’s execution from afar.
“Their room night growth is signficantly above the room night growth of really any other player out there,” said Dara Khosrowshahi, the Expedia CEO, referring to Priceline’s Booking.com.
Khosrowshahi, speaking during the company’s third quarter earnings call, said Expedia is satisfied with its room night growth overall, but believes Booking.com’s room night growth is even higher in new markets. Priceline reports its numbers Nov. 7.
Read full story at: http://www.tnooz.com/2011/10/28/news/expedia-sees-hotel-improvements-but-still-admires-booking-com-from-afar/
