Expedia did $120B in bookings last year. Reported just $15B in revenue. Most of the money went to its hotel and airline partners.
OpenAI’s $70B vs $50B drama? Investors calculated the higher figure by including AI sales through cloud partners. That’s real customer spending, regardless of who reports the revenue.
The $20B didn’t disappear. Apparently critical thinking did.
$EXPE Expedia Group CEO Ariane Gorin: “We've actually doubled our free cash flow over the last sort of -- compared to 2 years ago and now, on a trailing 12-month basis.”
An interview with Expedia CEO Ariane Gorin, who calls AI "a growth opportunity", as she prepares the online travel company to face potential disruption from AI (@stephistacey / Financial Times)
(Visit Techmeme dot com for the link and full context!)
$YOU partnered with Expedia to let travelers buy CLEAR+ and CLEAR Concierge during the booking process. The U.S. rollout will integrate CLEAR services across Expedia flight discovery, shopping and trip management, with One Key members getting tiered pricing.