Expedia (EXPE) President for Business Ariane Gorin is set to succeed CEO Peter Kern, the transition taking effect on May 13. Expedia CEO Peter Kern joins Yahoo Finance Live to discuss the succession plan, post-pandemic travel bookings, and where AI fits into the travel booking site’s business.
“Really, Asia and Latin America have been driving this past year more than anything, and that’s all slowing down. So everything is going to come back to a more normal level,” Kern says. “There will be some outsized growth in some of those places. China is still growing a lot. But, it’s really just a [deceleration] of the whole globe back to sort of more normal post-COVID levels.”
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Editor’s note: This article was written by Luke Carberry Mogan.
Video Transcript
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BRAD SMITH: A leadership shakeup announcement sent Expedia shares down over 20% following its fourth quarter…
