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Published on : Saturday, October 29, 2016
After Expedia acquired Homeaway at the tail end of 2015, it is now planning to test the integrity of HomeAway’s vacation rental inventory on its core OTA sites. CEO Dara Khosrowshahi said the same while presenting the company’s earnings call of its past quarter.
Expedia.com has a “vacation rentals” tab however, that is not a full integration according to Khosrowshahi. Instead, it is simply a link to HomeAway search results.
Expedia or Hotels.com are looking for a much improved fundamental kind of integrated experience for its travellers who searching for hotels can get the best results. The will give the most comprehensive result depending on weekday-weekend stay, length of stay, price etc.
Khosrowshahi said that the integrated search would likely be piloted during the last quarter. Travellers are expected to benefit because the integration will offer more inventory.
For properties in cities, HomeAway will help to boost in bookings as the CEO said. The potential is pretty high and it will be a win-win situation for both consumer and marketplace. Khosrowshahi addressed an analyst’s question replying that xpedia would power Marriott International’s air-hotel packaging tool, Vacations by Marriott. It will also be an example of Expedia’s capability to be a technology provider to the travel industry.
He said that there are tons and tons of hotels out there, hotel chains out there, airlines out there who … aren’t necessarily able to keep investing and keep experimenting and keep optimizing leading sites that can accept payments in every single kind of payment plan known on earth. This is where Expedia’s extended platform into the travel ecosystem will help them.
In the third quarter of 2016, Expedia reported a 35% year-over-year increase in net income, to $374.1 million, and a 33% revenue increase, to $2.6 billion.