Expedia ‘leaning heavily into Vrbo’

Scandic

Expedia CEO Peter Kern said that sharing economy brand Vrbo was “having a moment” as he reported the group’s third-quarter results.

The company said that it was seeing travel trends “stabilising” although Europe was coming under pressure.

Kern told analysts: “You've seen alternative get an outsized share relative to where it was and we've been beneficiaries of some of that.

“With Vrbo, we believe it's really good for the brand and people are getting a lot of exposure to that use

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